As we stated in a previous blog, fewer people are buying homes than in the past 50 years. On top of that, many people are having some serious buyer’s remorse — in fact, nearly 70 percent of millennials who have bought their home regret doing so. We’ve started to touch on this in prior blogs, but this presents an incredibly unique opportunity for you, as someone who invests in rental properti…Read More
When we’re looking into a bigger project or bigger investment, doing our research is crucial. Choosing a college, for example, means looking at the necessary requirements, as well as figuring out if it’d be a good fit for you. Buying a house means researching the neighborhood, completing an inspection of the house or property, and figuring out the financial impact that this will have. In addit…Read More
Welcome back to our blog series on debt! In our first blog, we covered some important ways and strategies that can help you better manage your debt. Debt can feel very singular, but nearly all of us are affected by it. Today, our non-recourse lenders are going to examine some of the current facts and debt trends in the United States. When we have more information on a topic, we’re more equipped …Read More
There are a number of requirements you need to meet in order to qualify for a non-recourse loan. From the correct documentation to the correct type of rental property you’re looking to purchase, you need to have all your ducks in a row when you start the application process. But even before that happens, you need to make sure your credit’s in a good place — and for that to happen, you need t…Read More
When you’re applying for a non-recourse loan, there’s a good chance you’ve already looked at our online application (if not, view it here). The application itself can seem pretty detailed and even a bit complex, but we promise that our non-recourse lenders are here to help make everything a bit simpler and more transparent. There are a number of things that you need to include with your appl…Read More
Refinancing is an excellent way for you to better manage your non-recourse loan or mortgage, and our team can help. But many people feel like this is a time-consuming process, and one that doesn’t fully give you the best bang for your buck. The non-recourse lenders at First Western Federal Savings Bank are here to explain why refinancing is an excellent financial opportunity, and why it’s one …Read More
Welcome to the fourth installment of our blog series on preparing your vacation rental property for summer! The months of sunshine and pool time are full of trips and travel, which makes this a great time to make sure your vacation rental is ready for guests. As a way to maximize your investment property, you want to ensure that visitors love your rental, rate your rental highly (encouraging other…Read More
Welcome back to our blog series on preparing your vacation rental property for the summer! In our first post, we discussed how it can be important to do a run-through of your appliances and air conditioning to ensure general maintenance is performed as necessary. Our second blog of the series discussed the importance of decorating your vacation rental property to ensure it has a cohesive look to i…Read More
Welcome back to our blog series on preparing your vacation rental property for the busy season! As summer rolls around, the vacations and trips and travel plans start to pick up. This is a time when families, couples, friends, and solo travelers alike all love to explore and see someplace new. With so many people capitalizing on the warmer weather and extra vacation time, this is an equally excell…Read More
The warmer weather, the sunny days, and the rolling down of windows can only mean that summer is on its way. Summer is one of the most popular times of year for people to take vacations, and could mean a surplus of visitors for your vacation rental property. This is a great time to check in with your vacation rental property to ensure it’s ready for the season. At First Western Federal Savings B…Read More