Liliha - Kapalama, Hawaii
1138 North King Street
Honolulu, HI 96817
8088328700

Considering a Mortgage Loan? 4 Signs You Might Be Ready to Apply April 17, 2017

Liliha - Kapalama, Honolulu
Considering a Mortgage Loan? 4 Signs You Might Be Ready to Apply, Honolulu, Hawaii

For many people, home ownership is a critical milestone, combining significant financial rewards with the satisfaction of having a place to call your own. While you might want to make the leap, how can you be sure you're ready for such a major financial investment? The experts at Hawaiian Tel Federal Credit Union offer a variety of mortgage loans and can help you decide whether you’re ready to apply.

4 Signs You’re Ready for a Mortgage Loan

You’re Settled in the Area

Buying a home is cheaper than renting in most areas, but only if you plan to stay there at least a few years. If you're ready to put down roots and your employment situation seems secure, it might be time to go house hunting.

You’re Ready for Responsibility

Mortgage loan Honolulu HIA homeowner is responsible for repairs, maintenance, and yard work, along with unexpected emergencies typically handled by a landlord. However, in many markets buying a home is still cheaper than renting, even after you factor in maintenance costs.

You've Worked on Your Credit

The better your credit score, the less you'll pay in mortgage loan interest and fees. Several months before you plan to start looking for a house, get a copy of your credit report so you can look for mistakes and pay down as much credit card debt as possible.

You Have a Lender

Securing financing is one of the most stressful aspects of buying a home, which is why it's important to work with a mortgage loan provider who is committed to helping your dreams come true. Credit unions are owned by their members, so they usually provide a higher level of service and personalized attention.

Since 1936, Hawaiian Tel Federal Credit Union has provided members with excellent customer service and an array of financial solutions, from checking accounts to mortgage loans. Visit their website to find your nearest location or call (808) 832-8700 to speak with someone at their main branch. Like them on Facebook and follow them on Twitter to receive tips and news about your finances.

Other Announcements, Events and Deals from Hawaiian Financial Federal Credit Union
How to Identify and Avoid Phishing Scams, Honolulu, Hawaii
What is Phishing? Not to be mistaken for the recreational hobby of fishing, Phishing is an act of sending fraudulent e-mails in an attempt to capture sensitive personal information. ...read more
3 Benefits of Opening Savings Accounts for Your Children, Honolulu, Hawaii
The financial habits people develop in childhood can have a significant impact on their ability to responsibly manage finances as adults. Because it’s never too early to teach your k...read more
Win 2 Tickets to Eminem, Honolulu, Hawaii
EMINEM LIVE CONCERT WIN 2 TICKETS + PARKING FRIDAY, FEBRUARY 15, 2019 HOW TO ENTER: Follow Hawaiian Financial FCU on Facebook/Instagram Like our post Tag a friend in the c...read more
The Phantom Of the Opera, Honolulu, Hawaii
Exclusive Hawaiian Financial FCU Presale Code: “HIFI” Starting February 5th  Get your tickets here! read more
Tis the Season for Savings, Honolulu, Hawaii
The holiday season is without a doubt the most wonderful time of the year…and also the most expensive.  Whether you’re trying to be the spookiest mansion on the hill or the brig...read more