Tag: Home Loans

Whether you want to purchase, refinance, or make a sound investment, we’ll help you find the real estate solution that’s right for you.

Home Essentials

10 Home Essentials You Can Find On SESLOC Rewards

Buying a home, or moving out on your own? Did you know you can redeem your SESLOC debit card reward points to stock up on home essentials? Check out these 10 SESLOC Rewards for turning your house into a home. Not registered? Head over to SESLOC Rewards to register your HomeFREE Checking debit card today…. Read more »

Home Buying

What’s the Difference Between Pre-approved & Pre-qualified?

Buying a home? You’ve probably heard that getting pre-approved or pre-qualified for a loan is an essential step forward in the process. But what’s the difference? Pre-qualified Getting pre-qualified is relatively quick and simple process. The lender does an initial review of your income and expenses to generate an estimate of the loan amount you could likely… Read more »

What are mortgage points?

Mortgage Points: What You Need to Know

What are mortgage points and are they right for you? Mortgage points are basically discount points. When you’re getting your home loan, you can buy mortgage points to lower your rate and save you interest in the long run. The value of mortgage points are tied to market rates and conditions, which means they’re subject… Read more »

Saving for Home Ownership

Saving for Home Ownership

Thinking about buying a home? A house is likely the biggest purchase you will ever make. Because of the high costs involved, saving for it takes commitment, planning, and sometimes sacrifice. And saving is about more than just having enough for a down payment. These are the factors you need to consider: The Down Payment One of… Read more »

Boost Your Credit Score

How to Boost Your Credit Score Ahead of Your Home Loan Preapproval

When it comes to buying a house, poor credit can limit your opportunities and result in higher interest rates and bigger payments. But with a little planning, you can boost your credit score ahead of your home loan pre-approval so you’ll be ready to make an offer on your dream home. Understanding Your Credit Score… Read more »

Blog Header HELOC Ideas

8 Ways to Use a HELOC

If you’ve ever wondered what a HELOC is or what you’re supposed to do with it, this article is for you. A HELOC, or Home Equity Line of Credit, leverages your home’s equity to give you more flexibility compared to other loans — you can borrow up to your maximum credit limit, when you need… Read more »

7 Reasons for Home Ownership

7 Reasons to Own a Home

Making a list of the pros of homeownership versus renting to see if it’s time to buy? Consider these 7 key differences: 1. Acquire Tax Benefits Homeownership comes with tax deductions. You’re generally able to deduct mortgage interest, property taxes, some homebuying costs, and energy efficient improvements. 2. Watch Your Value Grow Real Estate is… Read more »

From Your CEO — Summer 2019

We’re halfway through 2019 and what an exciting year it has been. Your credit union posted its highest month of loan fundings in April at $25 million. Your credit union is in good financial health, and we are helping to make living on the Central Coast more attainable and enjoyable for our members—whether it be… Read more »

Navigating the Borrower Portal

Navigating the Home Loan Borrower Portal

Applying for a home loan? SESLOC makes the process easy with our Borrower Portal, a secure online portal that allows you to close your mortgage with ease. You’ll be able to upload requested documents, check the current status of your loan and interact with your Loan Officer — all in one convenient place. If you applied… Read more »

Home Loan

How to Apply for a Mortgage Loan

Buying a home is probably life’s biggest and most stressful purchase. Between saving for the down payment and competing with other buyers, the process can feel daunting — especially for first-time buyers. That’s why SESLOC Mortgage Loan Officers work with you every step of the way, from consultation to closing. With their specialized knowledge and… Read more »