Consumer Resource Center


10 Ways To Save For A Down Payment On A Home

Saving for a down payment is one of the major hurdles most first-time homebuyers face on their journey towards homeownership. However, with a clear savings goal, a solid savings plan, and adopting a few savings strategies, you’ll be well on your way to saving for...

Lifestyle Benefits Of Owning Your Home

A home is more than just a roof and walls. The financial benefits of being a homeowner are easy to calculate. However, homeownership also has lifestyle, health, and social benefits for the homeowner, their extended family, and the community. Gain a Community...

Financial Benefits Of Owning Your Home

The decision to buy or rent your home can be challenging. Homeownership has traditionally been an important way to build wealth. A view held by the majority of Americans: 84% believe that buying a home is a good financial decision.1 Owning a median-priced,...

How To File For Homestead Exemption In Your State

Homestead exemption can protect a portion of your property's equity from certain creditors if you file for bankruptcy. In many U.S. states, it can also help you save on your property taxes. While some states provide both the property tax deduction and equity...

10 Ways To Prepare To Buy A Home

Nationwide, cities are low on inventory for starter homes, and this situation is expected to remain the same in 2021. It is important to get organized for your home purchase now, so you'll be prepared to make an offer when you find the right home. Many of these...

Tips To Save Some Green While Making Your Home Greener

Finding areas to save money in an already over-committed budget to put towards a down payment and closing costs is one of the biggest challenges for many first-time home buyers. Start implementing these energy-saving tips to see savings on your utility bills....

Giving and Receiving Gift Money For A Down Payment

If you are saving to purchase a home, receiving money to put towards your down payment and closing costs can help make your homeownership dreams come true sooner. If you receive a check towards your down payment, you might assume that you can simply bank the check...

Borrow Bigger in 2021 With Increased Conforming Loan Limits

Here’s some good news for the nation’s homebuyers facing increased home prices. The Federal Housing Finance Agency (FHFA) has announced a 7.5% increase to the baseline conforming loan limit for Fannie Mae and Freddie Mac home loans financed in 2021 for nearly every...