Category: Financial Advice

Reflection by Brian Liebig Jr. and Jeff Rupich, Mortgage Loan Originators at US Bank The demand for purchasing a home remains high despite the dramatic increase in mortgage rates this year. There are some who have put their search on hold for now and have attributed that decision to not only the rising interest rates,…

Tax refunds are a fantastic opportunity to take advantage of an additional lump sum of money to help pay off debt, put toward a special occasion, add to your savings account, or to buy every day household items. No matter how you see your tax refund being the most useful for you, the first step…

After helping many Prosperity Connection clients realize their goal of homeownership, financial coach Robert Nelson V purchased his first home last year. In a series of blog posts, Robert will share with you some of the lessons he learned as a first-time homebuyer. May 26, 2020, at 11am: On this day I became a homeowner….

Budgeting Tips from one of our Former Financial Coaches, Hope Johnson If you need help getting your personal finances under control and sitting down with pen and paper and your bank statements just doesn’t sound appealing (and let’s be honest here, it doesn’t) – then a budgeting app may be just what you’re looking for. Now I…

Many of us avoid getting real about our finances because we’re afraid of the skeletons we might uncover. However, taking the time to intimately understand your money brings its own kind of peace, because you aren’t saddled with the stress that comes with not knowing exactly where your finances stand. This is where becoming your…

You might be thinking, “Credit? You want me to think about Credit in a time like this? There’s a global pandemic happening credit is the least of my worries!!” Okay! I get it, things are a scary right now. Let’s think of this is triage credit building. If you have a good score, hopefully the…

Passwords.  We hate them.  They’re impossible to come up with, impossible to remember and nothing is more annoying than that stupid “Wrong Username or Password message.”  Until, of course, you get the one that your account was locked because of too many wrong attempts. %#&$*! As much as we all hate them – the fact remains they’re…

Buying your first home can be an exciting journey. For most of us, mortgage underwriting is an unavoidable part of that process. Underwriting is when a lender reviews your final mortgage application to decide whether to give you a loan and if so, under what conditions (ex: a higher or lower interest rate). Even if you were…

Understanding the relationship between a lender and a borrower is really quite simple. You may find at some point in your life that you would like to buy a house or car that you don’t quite have all the money for upfront. A lender may find that they have enough money to purchase said house…