City Credit Union

Dollars & Sense Tip of the Week

by Sharon Moore, President

Looking for a new home? Rates are still low, so it’s a good time to buy but there are some things you should consider before taking the plunge.

First, KNOW YOUR CREDIT SCORE! You could have a great down payment and low debt to income ratio, but if your credit score is too low you won’t qualify for a loan.

Next, evaluate if you’re really ready to be a homeowner. Buying a home should be looked upon as a long-term investment. Also, it’s important to consider the upkeep and maintenance costs associated with buying a home.

Home ownership is the American Dream. Take some time to plan before you buy so that you can be a smart consumer. Linda Mitchell, Home Zone expert at City Credit Union is ready and willing to help. Call her at 214 515 0100 for more information, or visit us at city c u dot org.

City Credit Union…WE ARE ELLIS COUNTY!

Certain restrictions apply. Loans subject to credit approval. City Credit Union is a equal housing lender. Member NCUA.