Home Equity Line of Credit 101

Wednesday, 24 January 2018 by Mercer Savings Bank
If you own a home, you’re familiar with the home equity line of credit (often called a HELOC). But maybe you have some questions – you don’t understand the difference between a HELOC and a home equity loan, or you don’t know how to get your hands on either. Consider this your crash course. Before
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New Homeowners: 3 Tax Benefits Not to Miss

Wednesday, 17 January 2018 by Mercer Savings Bank
Are you a new homeowner or ready to be a homeowner? Homeownership may seem financially scary, but there are a lot of benefits compared to renting. You can decorate or renovate your home any way you want, no more noisy neighbors who live above you and you can gain tax advantages. Yes, tax breaks! There
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HELOC: What is it and How Does it Benefit Me?

Wednesday, 10 January 2018 by Mercer Savings Bank
When you need extra cash, you have many options for the source of funding. You could charge the expense on a credit card, take out a personal loan or access savings. If you are a homeowner, one option to consider is a home equity line of credit, or HELOC for short. What is a HELOC?
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Achieve Your 2018 New Year’s Financial Resolutions

Wednesday, 03 January 2018 by Mercer Savings Bank
Many people make New Year’s resolutions to eat better, exercise more, or lose weight. Those are all great goals, but if you are making goals for the new year, don’t forget to also add financial resolutions, like budgeting and saving, to your list. Planning ahead to make 2018 a great year by budgeting and by
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