What to Do Before You Apply for a Home Mortgage

By Tracy Scott Homebuying season is fast approaching, and the idea of visiting model homes and open houses fills you with anticipation. But, before you step into your first design center or purchase your tour of homes ticket, learn how to shop smart for a new home. For some, saying goodbye to renting often begins with applying for a home mortgage – but should it? Despite its updated housing forecast, [...]   Read More >
weighing the pros and cons of refinancing a car

What Are The Pros and Cons Of Refinancing Your Car?

October 2, 2018 BY AFFCU in
A car refinance is a big decision. For some people, it opens the door to new opportunities – paying a lower monthly payment or reducing the interest rate on the car overall. For others, it could provide a way to consolidate some debt. However, before you decide to refinance your vehicle, consider both the pros and cons of doing so. There are some drawbacks of a car refinance in some [...]   Read More >
best time to refinance your car

When Is The Best Time To Refinance A Car?

September 27, 2018 BY AFFCU in
Investing in a car loan provides an opportunity to obtain new loan terms for your vehicle. Many times, it can open the door for potential savings, or it can help you reduce how much you have to pay towards your debt. Factors Affecting When Is The Best Time To Refinance A Car In every situation, a car refinance should be a thoughtful decision based on numerous factors including your goals, [...]   Read More >
man considering if it's worth refinancing his car

Is It Worth Refinancing Your Car?

September 8, 2018 BY AFFCU in
Making the decision to refinance your car could be difficult. Is it worth the time, effort, and money to do so? Refinancing can offer a number of advantages to individuals, but it can also be costly in some situations making it less ideal. Deciding Is It Worth Refinancing Your Car When deciding if it’s worth refinancing your car, the most important first step is to consider why you wish to [...]   Read More >
person refinancing auto baltimore md

What Happens When You Refinance A Car?

July 27, 2018 BY AFFCU in
An auto refinance can offer car owners attractive benefits, like a lower monthly payment or reduced cost of ownership. However, there are a few things you need to know about a car refinance. First, not all lenders offer this type of refinancing. Once you find one that does, you’ll need to go through several steps to make it possible. What is most important is to know what you want and [...]   Read More >
person refinancing a car baltimore md

How To Take Advantage Of An Auto Refinance

July 23, 2018 BY AFFCU in
An auto refinance can offer car owners attractive benefits, like a lower monthly payment or reduced cost of ownership. However, there are a few things you need to know about a car refinance. First, not all lenders offer auto refinancing. Once you find one that does, you’ll need to go through several steps to make it possible. What is most important is to know what you want and what to [...]   Read More >
auto refinance

7 Benefits of Refinancing an Auto Loan

June 29, 2018 BY AFFCU in
Refinancing an auto loan provides you the ability to make owning your vehicle a bit more affordable. Most cars and trucks have a significant amount of value regardless of age, so you may be able to take advantage of its value to secure a loan. Additionally, a secure loan like an auto refinance may be more affordable than other forms of credit. Sure, refinancing an auto loan means you pay [...]   Read More >
car loan refinance

Does Refinancing A Car Hurt My Credit?

February 19, 2018 BY AFFCU in
Many people could benefit from better auto loan terms, but is refinancing the best route to take? There is a great deal of confusion surrounding a car refinance. There are situations where refinancing offers numerous benefits, primarily when it reduces the overall cost of purchasing a vehicle. Anyone with an auto loan should consider the advantages of refinancing. However, before you invest in the process, take a closer look at [...]   Read More >
car loan refinance

5 Reasons to Refinance Your Car Loan

February 16, 2018 BY AFFCU in
Refinancing a car loan offers numerous benefits. Similar to real estate, interest rates on car loans can vary significantly due to your credit score, or even fluctuate based on market conditions. If you previously obtained an auto loan with a higher interest rate than you could get now, it may be time to consider a car refinance. When is the Best Time to Refinance a Car Loan? If you own [...]   Read More >