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
- Published in News & Events
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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
- Published in Taxes
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?
- Published in Miscellaneous
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
- Published in Saving Tips
How to Make Your Home the Ideal Gathering Place
Wednesday, 27 December 2017 by Mercer Savings Bank
What makes a house a hang-out spot? A lot of factors go into what makes a home welcoming. From the layout to the color scheme to the amount of throw pillows you have, there are many things you can do to make your home the gathering place. ___________________________________________________________ Looking to buy your first house? Don’t
- Published in Miscellaneous
Easy Holiday Entertaining Ideas You’ll Love
Wednesday, 20 December 2017 by Mercer Savings Bank
We’re right in the thick of holiday season and all across the Mercer and Darke County area, families are coming together to celebrate Christmas and New Years. If your house is the gathering place this holiday season, keep these tips for holiday entertaining in mind to throw a party that will bring a little joy
- Published in Miscellaneous
7 Ways Your Home Can Save You Money
Friday, 08 December 2017 by Mercer Savings Bank
Buying a home is a big investment, there’s no denying that. But it can also save you money along the way. By finding fun things to do at home and making a few small improvements to the house, you can give yourself a little more wiggle room in the budget. Try these seven tips for
- Published in Miscellaneous
How to Turn a Fixer Upper Into a Welcoming Home
Wednesday, 06 December 2017 by Mercer Savings Bank
One of the best parts about buying a new home is the opportunity to make your mark on the house. If you’re thinking about buying a fixer upper, you have the perfect chance to start almost from scratch and turn your house into the most welcoming home on the block. Buying a Fixer Upper as
- Published in Mortgages
The Top 4 Benefits Homeowner Families Have Over Renters
Wednesday, 22 November 2017 by Mercer Savings Bank
There are a lot of benefits to owning a home vs. renting. Being part of a home- owning family gives your children an extra boost when it comes to social opportunities, community involvement, overall health, and educational performance. And the best part is, the advantages of owning a home don’t depend on how wealthy
- Published in First-Time Homebuyer
Can My Home Help Pay for My Child’s College?
Wednesday, 15 November 2017 by Mercer Savings Bank
When you’re looking for ways to help your child pay for college, don’t overlook one of your biggest assets: your house. Your home can help pay for your child’s college in two ways: a home equity loan or a home equity line of credit. Both are solid options for covering the cost of college. After
- Published in Miscellaneous