Posts in category 'Tips For Buyers'

Buying your dream home should be one of the most joyful events, and Idaho Central wants it to be that way. Although buying a home can be stressful at times, especially when it comes to the expenses that come along with it, taking the time to budget for a new home can save you from some of the stress, making buying your dream home a dream experience as well! So, how do you budget for a new home?

Calculate household income after tax

When you're considering buying a new home, it's important to calculate your household income after taxes first. Calculating your household income after taxes is the first step to not only budget for your dream home, but also for your day-to-day budget. Experts recommend...

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To build or to buy, that is the question! When you're ready to take that next big step toward your dream home, it may be the question you're mulling over and trying to decide on. Whether you want a home that's updated and move in ready, a home that needs a little bit of fixing up, or to build the home you've been dreaming of, we have home loan options to fit your needs.

Buying

When you've finally found the home you love and you're ready to move forward, Idaho Central is ready to help you through your home loan process and offers tools to help guide you through the beginning stages of buying a home. This includes the 

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If we all lived in a vacuum-sealed world where our minds and emotions didn't affect our finances, saving money and lowering debt would be a whole lot easier. No bad days to trigger junk food binges, no impulsive vacations, and no mid-life-crisis shopping sprees.

But our minds and emotions do impact finances, even for the most money-savvy. The trick, then, isn't just identifying your own bad money habits — it's finding small ways to tweak those habits in the long run. That way, you're not just lowering your debt; you're empowering yourself to take control of your finances for good. Here's how to do it....

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In one way or another, we're all chasing the American Dream. Not the white picket fence per se, but the sense of security that comes with it. You know, the relief of paying your bills on time. The pride that comes with covering your kids' tuition. The satisfaction of owning a home you love.

That's the American Dream. And it's expensive. The good news is you may have more buying power than you think. With a Home Equity Line of Credit (HELOC), you can borrow against your home's equity to access extra funds, often tens of thousands of dollars.

You can bet that kind of power can lead you closer to your own American Dream … or further from it. We're here t...

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When faced with an important decision, which route do you usually take: the tried-and-true option or the one off the beaten path?

Believe it or not, your answer might affect your homebuying strategy, particularly when choosing a mortgage. Fixed-rate mortgages are time-tested and traditional, while adjustable-rate mortgages (ARMs) offer more flexibility and potentially lower rates.

But which mortgage is best for you? Stick with us to learn the differences between fixed rates and ARMs, plus the ideal buyer for each.

At a Glance

• ARMs start with lower interest rates than...

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