Tag

mortgage
podcast interest rates explained
Hey everybody, this is David Murphy, President at the Marshfield Medical Center Credit Union, and welcome to “The Credit You Deserve” podcast.  In this podcast, we will cover relevant topics that impact your personal finances.  You will walk away better informed about the basics of personal finances with tips and recommendations you can incorporate into...
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difference between first and second mortgages
If you own a home, you might be wondering what is the difference between first and second mortgages. In short, a first mortgage is the primary loan that you take out to purchase a home. You go to a lender, take out a loan (mortgage) to pay for the home. Your property is the collateral...
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home loan tips 2022
Home Loan Tips 2022 June is National Homeownership Month! If you’re in the market for a new home, MMCCU is here to help answer questions and assist with financing for eligible members. “The 1st step our members should take is to contact the credit union to set up an appointment to talk about the mortgage...
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fixed vs adjustable rate loan
With interest rates on the rise, you may be wondering the difference between a fixed rate and an adjustable rate loan and if one is better during this time of increase. MMCCU can help! Our loan team will work with you to understand your situation and determine which route is best. In short, with a...
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jerry litwaitis lending in marshfield
Marshfield Loan Officer Enjoys Helping People Jerry Litwaitis, VP of Lending at MMCCU, will celebrate 30 years with the credit union on April 13. His career began in 1992 after graduating from UW-Eau Claire with a BA in Business Administration with a Comprehensive Finance Major. The St. Clair, Michigan native grew up in Park Falls...
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mortgage loan officer
MMCCU is happy to welcome Shelly Hughes to the team as a Mortgage Loan Officer. She has lived in Central Wisconsin all of her life, graduating from Marshfield High School and now living in Stratford. She began her career in banking in 1989 as a teller and moved up the ranks throughout the years, working...
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compare to rocket mortgage
If you were watching the Big Game on Sunday, you may have seen an ad for Rocket Mortgage. Online mortgage services have taken off in recent years. While going online for a mortgage might seem like a convenient way to start the home loan process, it does have its drawbacks. When you’re making one of...
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lower interest rate not always better
Lower Interest Rate is Not Always a Savings in the Long Run Interest rates are important, but a lower interest rate is not the only thing to consider when choosing a home loan. The lowest interest rate does not always save you the most money or get you the best deal. There are other factors...
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construction loan wisconsin
Construction Loans Available at MMCCU Whether you’re building something new or expanding on an existing property, MMCCU is here to help you through the construction loan process. Below are some tips to get you started, and as always, feel free to reach out to our team for more information! Tip #1: Choose Local! At MMCCU,...
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buying a home in marshfield
Buying that first house can be a daunting task, but Marshfield Medical Center Credit Union (MMCCU) is there to help members have the best first house-buying experience possible. “The 1st step our members should take is to contact the credit union to set up an appointment to talk about the mortgage process, options, programs, costs and interest...
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