The First-Time Home-Buyer’s Guide | Part I
Having purchased my first home in 2020, I would like to share my firsthand experience to provide some insight into the process for anyone considering taking the leap from “renter” to “homeowner.” This article is the first in a series of three wherein I dive into the details of saving for, purchasing, and maintaining your first home.
HFG Trust Acquires Prime Wealth Management
I am pleased to announce the exciting news that our geographic base has expanded with the acquisition of Prime Wealth Management.
One Year After The March 2020 “Market Bottom”
With all that has happened, I think it’s worthwhile to reflect on the lessons we’ve learned since March of 2020. At one time or another last year, the thought of “this time’s different” or “should I sell out and salvage what I can?” crossed every investor’s mind.
Applying For A Loan? This Is What Your Banker Wants To Know
Applying for credit, whether for consumer purposes or commercial use, can be intimidating. The more information you can share with your lender, the better able they are to determine what is in your best interest from a repayment and structure perspective.
Building Your Own Home: What To Know About Construction Loans
Construction loans are very different from the garden-variety conventional mortgage loans that are readily available in the market. Most banks and credit unions offer conventional mortgage loans, but appreciably fewer offer construction loans.
5 Simple Ways To Protect And Transfer Wealth
The fact of the matter is, we work hard our entire lives to accumulate wealth knowing full well that we can’t take it with us when we are gone. So why do people continue to build wealth? Studies have shown that as much as people build wealth for independence and stability, they have an equal desire to use their wealth for the benefit others…
Observations: Another Lesson In Resiliency
The world is full of great material if you have the right frame of mind. Needless to say, I feel very fortunate to be in one of the professions that have the opportunity to observe the fundamental intersection of human prosperity and behavior.
Market Returns: The Risk In Expecting The Unexpected.
Excitement is found in the news-worthy, short-term unexpected returns. The problem is, when unexpected returns are talked about as if they are now expected returns, investors get caught up in the notion that “it’s different this time” or this is the “new normal.”
Commercial Loan Request – What’s First?
A bank’s underwriting of any commercial loan application is focused on the most likely and readily available sources of repayment of the loan, the risks to these sources, and their adequacy relative to the request.
3 Facts to Consider When Investing During an Election Year
Uncertainty surrounding the future of our country’s political direction can make it difficult to feel comfortable making financial decisions leading up to November elections. With two presidential candidates who have entirely different views, it only makes sense that investors might be leery of putting money into the market. Some might even consider taking money out. […]
