Category Archives: Your Home

It’s Been Smooth Sailing

Kelsey-E-9690

When you buy your first home, you’re likely experiencing a mixture of emotions. The excitement you feel as you picture what your life would look like in the homes you tour mixes with the concern that you choose just the right one. After all, you’re probably making the biggest purchase of your life so far! Member Kelsey E. and her husband recently purchased their first home after applying online for a mortgage pre-approval with Consumers. She says, “It was agonizing going up against three other buyers, but our offer won!” Kelsey’s convinced that having the pre-approval in hand when presenting their offer played a role in the sellers’ decision. Kelsey also appreciated the personal attention they received throughout the mortgage application process. “Brad emailed me all the time to make sure everything was good. It was reassuring and comforting.” “It’s been smooth sailing,” she adds. “We’re in our new house. … …continue

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Your Financial To-Dos

Antwan_B_9668

Consumers Credit Union wants you to find financial success—without the stress. That’s why we’re bringing you our monthly list of financial to-dos. Just complete these tasks to stay on top of your finances all year long. April: File your taxes (if you haven’t already). Don’t forget that Consumers members can take advantage of a discount on TurboTax federal products! Visit ConsumersCU.org/MemberBenefits/Discounts. May: Plan your home maintenance and repairs. If you need to replace your roof, have been meaning to improve your home’s energy efficiency, or want to add a deck for summer fun, now’s the time to explore your financing options and set your budget. June: Time for a summer getaway! If you haven’t already made your vacation plans, keep an eye out for last minute deals—and make sure your car is in shape for your road trip! Follow us on Facebook and Twitter for reminders and encouragement to complete … …continue

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What to Expect When You’re Buying a House

For Sale

Looking for your first – or next – home? You probably have many questions. How do you find the right house at the right price? What’s involved in making an offer? How do you apply for mortgage? Knowing what’s involved in the process and having someone you trust to guide you takes away the stress. This infographic gives you a detailed overview of what to expect. Have more questions? Our mortgage loan officers are here with answers. Give us a call at 800.991.2221.                                        

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Applying for a Mortgage Just Got Easier!

Ann & Jim S., joined 2011

At Consumers, we value getting you in your home faster and making the entire process less stressful. Now you can apply for your mortgage online in as little as 20 minutes. Your application may even qualify for instant approval. A Consumers Credit Union Loan Officer will follow up within the next day to answer your questions and guide you through the mortgage process. A home may be your biggest investment, which is why we’re committed to local processing and loan servicing. You’re always working with the team you trust. Apply for your mortgage today at ConsumersCU.org/Loans/Mortgages. “Yes. No problem. Boom. Done.” -Ann & Jim S. describe applying for their mortgage with Consumers

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Consumers CU Room Redo Winners Announced!

Raina S. accepting her winnings at our Stadium Office

Thank you to the many pinners who participated in our Consumers CU Room Redo Pinterest Contest! We loved watching your photos go up on Pinterest and seeing your vision for home improvements. We’re pleased to announce our winners! Raina S. – $1,000 Raina and her husband are first-time homebuyers who purchased a HUD house in Kalamazoo and are doing their best to give their fixer-upper the love it deserves. They plan to use the prize money to convert the old kitchen into a downstairs bathroom. View her Consumers CU Room Redo board here. We look forward to seeing the finished results! Heather C. – $500 Heather and her family would like to update their kitchen. Their plans include refinishing the cupboards, improving the counter space, and removing the wallpaper border. See Heather’s Consumers Room Redo board here. David B. – $250 David’s goal is to redo his basement, which is … …continue

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How Much Debt Is Too Much?

Calculator

The information in this post is provided by our partner Accel Financial Counseling. Accel’s counseling services and educational programs are available free to all Consumers members. Too much debt is like playing with fire. As a rule of thumb, your debt, excluding your home, should not exceed 20 percent of your take-home pay. Second mortgages and home equity loans should be included in the 20-percent rule. This is because they are usually used to pay off unsecured debt, while a first mortgage is an investment in property that, in most cases, is appreciating in value. Even if your debt is only in the high teens you may still have too much debt. A financial counselor can often help you understand your finances and learn the appropriate limits. Here are some signs that could indicate it’s time to seek assistance: Your credit card balances are rising but your income is staying … …continue

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Have You Seen Our New Online Calculators?

Loan Comparison Calculator

Here at Consumers Credit Union, we’re all about empowering our members to make the best choices with their money. Our new online calculators help you do just that! From calculating loan payments and payoffs to your monthly budget and savings goals, our website has the tools you’ve been looking for. You can find all of them on our Financial Calculators page or follow the individual links below to check them out. Loan Calculators Calculate a Loan Payment Auto Loans Leasing vs. Buying a Car Credit Card Payoff Personal Debt Consolidation Loan Comparison Personal Finance Calculators Home Budget Analyzer Retirement Income Calculator Savings Goals U.S. 1040 Tax Estimator In addition to these new calculators, we have many handy calculators available specific to mortgages, including: How much would my monthly payment be? How much can I save with a 15 year mortgage? Can I save money by refinancing now? How quickly can … …continue

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Update Your Bathroom on Any Budget

Bathroom

The ideal bathroom combines function with style. After all, it’s the room you head to in the morning to get ready for your day and the room you go to at the end of the day as you’re starting to unwind for bed. You want your toiletries and towels within easy reach, but the room to feel comfortable. This can be challenging, especially if you have a smaller bathroom. Whether you’re looking to make a subtle or dramatic change to your bathroom’s look, there are options within your budget. We’ve rounded up some of our favorite. Get Rid of the Colored Tub If your bathtub has been there for a few decades, it may be time for a change. If it’s still in good shape, a professional may be able to refinish it to match a more modern look. If a new tub is in order, choosing white can save … …continue

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Update Your Kitchen This Weekend

Kitchen

Do you peruse home improvement magazines or Pinterest boards of dream homes longing for an update to yours, only to decide that you don’t have the time or the money to make it happen? What if we told you it was possible to give your kitchen a new look this weekend without blowing your whole budget? Yeah, we thought you’d be interested. And it is possible. Try out a few of these quick projects and see what you think. Add a Pop of Color We’ve said it before—paint is one of the most cost-effective ways to give a room a brand new look. Whether it’s brightening up your cabinets with a new color or painting the walls, a new hue can totally change the mood of a room. Consider adding a coordinating rug (don’t forget a slip prevention mat for safety in the kitchen) or vase to make it really … …continue

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Make Your Home’s Equity Work for You

Home Equity

Feeling inspired by the Consumers CU Room Redo Pinterest boards to make some home improvements of your own? Make your home’s equity work for you! Rates are as low as .99% APR* for the first six months on new home equity lines of credit with rates as low as 3.25% APR thereafter. Plus, pay no closing costs! In addition to giving you access to cash for home remodeling and improvements, home equity lines of credit can help you finance new car or boat purchases, college tuition, student loan payoff, travel, a vacation home, and more! How can you put your home’s equity to work? Don’t forget—there’s still time to enter the Consumers CU Room Redo Pinterest contest to win cash towards your home improvements!** Click here to get started. *This promotional, introductory Annual Percentage Rate (APR) applies only to new loans. Rate is effective as of June 10, 2013. The … …continue

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