Determining if a Home Mortgage is Right for You
A home – for most people – is the largest financial commitment of a lifetime. Obtaining a mortgage rate that accommodates your financial situation...
5 Types of Loans That Consumers Should Avoid at All Costs – Part 2
Thank you for rejoining us for the second installment of our series, 5 Types of Loans That Consumers Should Avoid at All Costs. At some point in...
5 Types of Loans That Consumers Should Avoid at All Costs – Part 1
If you stumble upon financial difficulties, you will find that there are several types of loans at your disposal; however, you should understand...
Conventional Loans, FHA Loans, and VA Loans – The Differences (Part 2)
Last week, you learned that there are several different types of loans that you may take an interest in if you are currently seeking assistance to...
Conventional Loans, FHA Loans, and VA Loans – The Differences (Part 1)
If you are in the market for loan to purchase a home, it is imperative that you learn the differences between a conventional loan, a FHA loan, and a...
Simple Steps for Getting the Most of Your Checking Account
A checking account not only provides a safe location for your hard-earned money, but, it allows you to stay on top of all of your finances. Many...
USDA Loans
USDA loans are special types of mortgages that are backed by the Department of Agriculture in the United States. These are a part of the program...
Financing Investment Properties – Part 2
A Comprehensive Guide for Individuals Interested in Financing Investment Properties – Part 2 Thank you for rejoining us for the concluding...
Financing Investment Properties – Part 1
The prices of homes have been steadily increasing since they plunged to immense depths during the housing crash. As a result, many have been curious...
Money Market Account Basics for Beginners
One of the many types of accounts that we offer here at Somerville National Bank is a money market account. Despite having been around for quite...
What You Should Know about a Home Equity Line of Credit
A home equity line of credit is a special type of revolving credit where your home serves as the collateral. This particular line of credit is that...
Remodeling Projects That Will Increase the Value of Your Home – Part 4
Thank you for joining us for the last installment of our series, Remodeling Projects That Will Increase the Value of Your Home. All of us here at...
Remodeling Projects That Will Increase the Value of Your Home – Part 3
All of us here at Somerville National Bank would like to thank you for continuing to follow our series, Remodeling Projects That Will Increase the...
Remodeling Projects That Will Increase the Value of Your Home – Part 2
As we continue our series, Remodeling Projects That Will Increase the Value of Your Home, we will continue to elaborate on various remodeling...
Remodeling Projects That Will Increase the Value of Your Home – Part 1
There are several remodeling projects that homeowners may engage in during the spring months in order to increase the overall value of their...