Home ownership is more than just a place to live—it’s an investment. And with Farmers & Merchants Bank’s Home Equity Line of Credit (HELOC), you can tap into that investment to meet your financial goals. A HELOC from Farmers & Merchants Bank offers a flexible, efficient way to access funds, making it an excellent tool […]
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According to Lending Tree, the average American has gained approx. $113,000 in equity in their home over the last 3 years! So now might be a great time to consider a home equity line of credit, or HELOC. HELOCs are a great option for home renovations, unexpected expenses, consolidating debt, paying for college and more! […]
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Shopping for a home is an exciting, emotional, and often hectic process. When it comes time to secure the mortgage, you want to be working with a lender that is right for you and your specific situation. With the number of online lenders, mortgage brokers and banks of all sizes, choosing one can seem overwhelming. […]
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As interest rates remain near record lows, the popular refrain is that “it’s time to refinance.” But is it the right decision for you? Let’s look at some of the benefits of refinancing right now. Lower Interest Rate Paying less in interest is always the goal when borrowing money. So the first thing to look […]
Read More Home equity is often a homeowner’s most valuable asset. The difference between your mortgage balance and the appraised value of one’s home offers potential access to funds. A portion of a home’s equity can be used to borrow money as a line of credit or home equity loan providing the homeowner an opportunity to fund […]
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Covid-19 is still wreaking havoc around the world, including in the financial markets. If you are in a position to ride out the storm until sunnier skies arrive, that’s great! On the other hand, now may be a good time to consider refinancing your home to lower your mortgage payments and/or even withdraw some cash. […]
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