Herring Bank

Using Zillow? Realtor.com? Are you doing walk-thru's with a realtor? How do you keep track of all the different houses you've seen? It's easy to forget which house had the square footage, which had the better garage, kitchen, backyard... Sometimes you forget to even look at things. We have a handy checklist for you to use from here on out when you look at houses. You can download it here: https://lnkd.in/dvx26XBb

Your Amazon package has a problem. <<CLICK HERE>> to check your order. There's been suspicious activity with your bank account. <<CLICK HERE>> to log in. Your ________ has a problem. <<CLICK HERE>> No matter what or from who... NEVER click on links you get through text or email. If you're afraid the "issue" is legitimate, then go to the source, directly. Links can have viruses or malware on the other side. They can take you to pages that "look" real, but are fake so that you'll use your real login info - giving the scammer your real login credentials. Remember, Herring Bank will never call, text, or email and ask you for any account information.

Are you a first time home buyer with less than perfect credit? Or maybe don't have much (20%) for a down payment? Say hello to FHA loans! They cater to homebuyers seeking flexible qualifications. They're especially popular among first-time buyers due to accessible terms. Such as: – Lower Credit Score Requirements: FHA loans allow credit scores as low as 580 with only requiring 3.5% down. – Smaller Down Payments: Buyers can make a down payment as low as 3.5%, making homeownership attainable sooner. – Lenient Debt-to-Income (DTI) Ratios: Accepts higher DTI ratios compared to conventional loans, enabling buyers with more debt to qualify. Learn more about FHA loans at >> https://lnkd.in/gn5Mkptg

Is a home warranty worth the cost? For many homeowners, a home warranty can save money. Without a warranty, a major system like air conditioning or electrical systems can cost thousands of dollars to repair. With a home warranty, you'll only pay the service fee. Sounds great, but is it right for you and your situation? The key is to choose a plan that provides the right level of coverage for your home, so you're not overpaying for unnecessary protection. Several factors influence the overall home warranty cost which we breakdown here: https://lnkd.in/gfqshbak

Many homeowners are looking for smart ways to leverage their home equity. One popular option that’s gaining traction is cash out refinancing. This financial strategy allows you to tap into the value of your home, turning equity into cash that can be used for various purposes, from home improvements to debt consolidation. What Is A Cash-Out Refinance? https://lnkd.in/d9J3RKn7

Are you thinking about remodeling or paying off debt? A Home Equity Loan or a Cash Out Refinance could be just what you need. But, what's the difference? They're both "borrowing" against your home's equity for cash, right? Sort of. They're both great options, but there ARE differences. Which is right for you? Find out here: https://lnkd.in/eNTEb8Hp Or talk directly with one of our mortgage experts! 1.866.236.4779

We often underestimate how frequently emergencies occur. – A car that won't start. – A broken washing machine. You name it. They force us to spend money that we don't have. Out come the credit cards. Hello high interest rate. Worse? More often than not, problems seem to come in threes. Which means before the first 'emergency' is fully paid off, you're adding the second one onto the credit card. What can you do though? If you're not ready for the unexpected, here are a few tips on how to be ready >> https://lnkd.in/gzFk96kj

Buying a home? Can you put 20% down? No? Then, you'll have to pay mortgage insurance. But, what is that exactly? ?? It has different names with different loans. Conventional loans = PMI, FHA loans = MIP, VA loans = VA Guarantee Fee. ?? It helps borrowers with less cash upfront qualify more easily. But adds to your costs long-term. ?? It protects the lender if you default, not you. So you pay a monthly premium for their benefit. ? PMI for conventional loans goes away at 22% equity automatically, or 20% if you request it. ?? FHA mortgage insurance exists for the full loan span. Only way out is to refinance. You can avoid mortgage insurance by putting 20% down or using a piggyback second loan. There are options to minimize this added expense and still make homeownership possible! Learn more at: https://lnkd.in/g39UmFrr

Herring Bank will never call, text, or email you and ask you to: – verify your identity by sharing your account number, username, password, etc... – click a link for any reason... – send money through a wire transfer to reverse fraud. If you receive a call asking for details about your account do not provide any information. Hang-up and call us at 866-348-3435 and speak to a representative.

Stashing cash unprotected at home? Your money deserves better. Our insured savings accounts reliably earn higher interest than your mattress :) With competitive rates and FDIC covering deposits up to $250,000, you can let your money earn securely. No more losing track of loose change or worrying about mattress mishaps! Is it time for you to open a savings account? We think so. https://lnkd.in/gD6pAx-z