MMCCU is proud to offer Kasasa financial products and services, including Kasasa reward-based checking and savings accounts. Through a Kasasa Cash Back® account, members can earn cash back rewards, ATM fee refunds, and other benefits for meeting certain account requirements. Here are the steps to use Kasasa products to get cash back: Choose a Kasasa product:...Read More
An emergency fund is a financial safety net that can help you weather unexpected expenses or a sudden loss of income. Having an emergency fund can provide peace of mind and help you avoid financial hardship during difficult times. In this blog, we’ll explore what an emergency fund is, why you need one, and tips for...Read More
Consolidating debt with a mortgage involves using the equity in your home to pay off high-interest debt such as credit cards or personal loans. Here are the steps you can take to use your mortgage to consolidate your debt: Assess your current debt: Start by making a list of all your debts, including the outstanding balances...Read More
There are benefits of taking out a second mortgage. A second mortgage is a separate loan that you take out (in addition to your first mortgage). You can borrow on the equity in your home up to certain percentage, usually 80% of the value of your home, including your first mortgage balance. (Example: Your home is...Read More
A home equity loan is a type of loan where a homeowner can borrow against the equity in their home, which is the difference between the home’s market value and the outstanding mortgage balance. Equity in your home is calculated as the difference between your home’s value and your mortgage balance. Loans are secured against the...Read More
