Finex Blog

Finex home mortgages – Improving your financial position no matter where you are in life.

A Kodak moment?

Certificates of deposit, or CDs, are not the most exciting investments, but they are among the safest. They make perfect sense for the risk-averse or for people just looking to park some cash over a specific period of time.

Unlike Snoop Dogg, incoming college students might not have their minds on their money and their money on their minds. But if you're just starting out on campus and can put some of your focus on your finances, you have a great opportunity: Knowing how to manage your cash can save you endless headaches down the road.

Sometimes it's smarter to buy certain items according to the season, like sweaters near the end of  winter and swimsuits in late summer. But what's the best season for buying a house?

The answer: the fall. As temperatures cool and trees shed their leaves, enough factors break in the buyer's favor to make it the No. 1 season for homebuying. Here's why.

When you take out a second mortgage, a name for a home equity line of credit, you're offering your house as collateral to secure another loan. The upside: You can gain access to up to 85% of your home's value, minus your current mortgage balance and adjusted based on your creditworthiness.

The downside? If you can't make your payments, you could lose where you live.

President's Message

Finex is subject to the trends driving most financial organizations;  Digital convenience is a must while branches are in decline.  In credit union land those not keeping up with technology continue to be merged out of existence.   

How to Get out of Debt in the New Year

A brand new year often inspires positive life changes such as breaking free of debt. If collections calls have been interrupting your dinner or you're just stressed out from heavy-duty debt, here's how to eliminate the burden.