Ten Ways to Avoid Home Improvement Budget Killers

House Made of Tools

1. Don’t add “while we’re at it” jobs that weren’t a part of the original budget/plan.

2. Stay away from cheap materials or corner-cutting measures that will just mean paying more later.

3. If you are doing the work yourself, learn the entire process before you start instead of using a “learn as you go” approach.

4. Let your contractor know you aren’t interested in the top-end, luxury versions of goods and materials.

5. Check service ratings websites before hiring your contractor.

6. If you are doing some pre-home sale upgrades, give yourself plenty of time so you don’t have to pay for rush work or overtime.

7. Consider refurbishing certain items instead of tearing them out and replacing them.

8. Exercise your creative abilities and look for ways to use materials found at architectural salvage stores.

9. To avoid paying to store in a locker any work-blocking household items, have a plan ahead of time for housing in-the-way furniture during the project.

10. Ask your contractor–you don’t want to miss out on potential savings because you failed to communicate.

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Looking to Lower an Existing Mortgage Payment?

Mortgage Payment

Mortgage Rates are at Historic Lows

Look no further than NASA FCU. Whether you’re seeking the security of a fixed rate loan or prefer the affordability of an adjustable rate loan, NASA FCU’s got you covered. We have home financing solutions to meet a wide variety of needs, including a 95% loan-to-value refinance* program, FHA and VA mortgages, and jumbo loans. Plus, you’ll receive the friendly, reliable service you’ve come to expect from your Credit Union.

So when it’s time to refinance, look no further than NASA FCU! Lower your mortgage payment today.

*Special loan programs offered to well-qualified applicants. Some restrictions may apply. Offers valid for primary residences only. Speak with a NASA FCU First Mortgage Loan Specialist for loan details and rates. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

Nobody closes it faster than NASA FCU!

Even in these extraordinarily high volume times, NASA FCU members are experiencing mortgage approvals in half the time, as opposed to the 120-day average turnaround typical in the mortgage market today. We haven’t missed a reasonable closing

Mortgages with You in Mind

Mortgage

In the market for a mortgage? Whether you need financing for a new purchase or simply want to lower your existing mortgage payments, NASA FCU has just the right mortgage for you. We offer some of the best rates available on the market today, as well as loan programs designed to fit a wide range of needs, including:

  • First time homebuyer program
  • FHA mortgages (requiring a low down payment)
  • Jumbo mortgages (for loans over $417,000)
  • VA mortgages
  • 5% down on refinances or purchases up to $850,000—and no PMI*
  • No down payment options on purchases up to $650,000—and no PMI*

So act now! Click here, stop by any branch or call us at 1-888-NASA-FCU, ext. 207 to apply for a new mortgage or refinance an existing mortgage with NASA FCU today.

Nobody Closes it Faster than NASA FCU

Even in these extraordinarily high volume times, NASA FCU members are experiencing mortgage approvals in half the time, as opposed to the 120-day average turnaround typical in the mortgage market today. We haven’t missed a reasonable purchase closing date yet, and will even expedite purchases to meet your contract deadline. So don’t wait—close your mortgage with NASA FCU today!

*Offers limited to well-qualified applicants. Some restrictions may apply. Offers valid for primary residences only. Speak with a NASA FCU First Mortgage Loan Specialist for loan details and rates. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

A Mortgage from NASA FCU can…

NASA FCU Mortgage

Make Your Family’s Dream Home a Reality

Whether you’re buying your family’s first home, downsizing or trading up, NASA FCU offers home mortgage financing options that can help you open the door.

Mortgages from NASA FCU

Choose from First-Time Homebuyer, 100% LTV Purchase*, 95% LTV Refinance*, FHA and VA Mortgages, as well as jumbo loans, fixed-rate, adjustable-rate and no-point options. Our online mortgage application process is easy. Plus, we provide friendly, reliable service you can trust.

Whatever your borrowing needs may be, NASA FCU can help. So get started today! Visit nasafcu.com/apply or call 1-888-NASA-FCU 627-2328), ext. 200. Or stop by your local branch.

Home Improvements on the Horizon?

home improvements

Home improvements made with a NASA FCU loan can turn your existing home into the home of your dreams.

A NASA FCU Home Equity Loan is ideal for one-time borrowing home improvement needs and offers predictable, fixed payments for the term of the loan. A Home Equity Line of Credit is best for ongoing borrowing needs like a series of home improvements or a credit reserve for unexpected expenses. And a Signature Loan can be a smart way to
finance all kinds of home improvements, offering an affordable and predictable payment plan without the need for collateral.

equal-housing-lender

Avoid Home Improvement Scams

It’s home improvement time again.

And someone with a pickup truck and a smile knocks on your door, mentions something on your home improvement to-do list, and offers to do it at a cost that seems almost too good to be true.

Steps to Avoid Home Improvement Scams

Before Hiring a Contractor:

  1. Verify the contractor has liability insurance.  If the contractor or his employees cause damage to your property, this ensures that he can make good on any damages.
  2. Require a license number.  If a worker gets injured on the job, and worker compensation insurance isn’t in place, that worker could sue both the employer and you, the property owner, for damages.
  3. Check References.  Reputable contractors with a good track record will have references from prior jobs.

Following these three steps will help you to avoid home improvement scams. Using licensed contractors and checking references is a smart move, and it protects you against unwanted liability when things don’t go as planned.