Understanding HELOCs with Marshfield Medical Center Credit Union If you’re a homeowner, you might have heard the term “HELOC” tossed around in conversations about financial planning or home improvement. But what exactly is a HELOC, and when should you consider getting one? Let’s dive into the world of Home Equity Lines of Credit (HELOCs)… What...Read More

Refinancing your loans or financial products can be a strategic move for various reasons. At MMCCU, our experienced mortgage team is here to help you with your refinancing needs! Here are five common reasons why you might want to consider refinancing: Lower Interest Rates: Cost Savings: One of the primary reasons people refinance is to...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...Read More

Financial Tips for a Recession News about inflation, rising prices, and supply chain problems is everywhere. As a credit union, helping our members is priority #1. In good financial times and in bad, we’re here to help answer questions and navigate the financial landscape. If you’re wondering how to recession-proof your finances, we’ve compiled some...Read More