Buying A Home
JHaze365
newb
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Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Need home repair immediately.
Been thinking of remodeling our home. Wanted to do it some months, later but noticed some damages on the roof last week. Would probably have to fix it soon. Since the financial condition right now is not that great, was thinking of getting a loan. A friend suggested me to take the loan from Aspire Federal Credit Union, here in New Jersey. Have anyone heard of them before. Would love to hear some suggestions.
Re: Need home repair immediately.
I'm not from NJ, so haven't heard of that particular Credit Union. But credit unions, in general, are usually good options for loans. They still check your credit score/report and all that, but are a bit more personalized at the same time.
If you have any equity in your house, I strongly recommend looking into a Home Equity Line of Credit (HELOC). Any bank will have this product. It's basically a line of credit with the equity in your home as the collateral. It does not have to be with the same bank that has your primary mortgage. There are credit/income requirements but, generally speaking, these are fairly easy lines to get if you have the equity. The interest rates are also low. Usually about the same as what a home mortgage interest rate would be.
You can usually get a line for up to 70-80% of your house's equity. So, for example, if you have $50K in equity, you could get a line for $35K-$40K. They are also very flexible. You only pay interest on what you pull out from the line and can borrow/pay back as much as you want.