Alliant's Money Mentor Blog

Money Mentor, Alliant Credit Union's blog, offers insightful financial tips about credit scores, debt management, budgeting, saving, mortgages & more.

3/1/22  Mortgage & Home
Everything you should know about HELOCs versus cash-out refinances

Learn about the benefits of HELOCs versus cash-out refinances. Consider how a HELOC can allow you to use the equity in your home for various financial needs.

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2/28/22  Budgeting & Saving
Calculating your net worth: why it’s important

Do you know what your net worth is? If not, it's worth calculating so you have an overall picture of your financial health.

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2/28/22  Mortgage & Home
What to expect when applying for a HELOC

Applying for a HELOC is similar to a mortgage, requiring a good debt-to-income ratio, equity in your home, and a decent credit score.

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2/28/22  Mortgage & Home
Is a 15-year or 30-year mortgage better?

You can finance your home with a 15- or 30-year mortgage. Here is some more information about the benefits and drawbacks of each option.

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2/28/22  Mortgage & Home
How much HELOC can I get?

A home equity line of credit (HELOC) lets you access the equity in your home. Learn how much HELOC you may be eligible for and how to start applying for one.

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2/28/22  Mortgage & Home
How do HELOC interest rates work?

When you want to finance a major home renovation or educational cost, consider a home equity line of credit (HELOC). Learn how interest rates work for HELOCs.

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