1. Should Your Rental Property Allow Pets?

    You apply for a non-recourse loan, you get approved, you purchase your rental property — you’re well on your way to becoming a successful property owner! As set up as you might feel, however, there are a number of details to consider before you start renting out the place. One of those is figuring out if you’ll allow pets on the premises. As your non-recourse loan lenders of choice, First We…Read More

  2. Dealing With Renter Turnover

    Welcome back to our blog series on renter turnover! This can be an unfortunate downside of owning a rental property, but our non-recourse loan lenders have tips to make it easier. Learn more in our blog, and apply for a non-recourse loan with First Western Federal Savings Bank to turn your investment goals into a reality. Whether looking to refinance your current IRA loan, wanting to invest in a v…Read More

  3. The Downside of High Renter Turnover

    For as many perks as there are to owning a rental property, one of the biggest downsides is experiencing turnover. Not everyone who looks into owning rental property takes into account the hassle that tenant turnover can bring. The good news is that there are plenty of ways to deal with turnover, and even ways that you can try to prevent it from occurring in the first place. The non-recourse loan …Read More

  4. 2019 Housing Market Trends

    With the rush of the holidays behind us, we can finally start to look ahead. 2019 shows a lot of promise for the housing market, and for those looking into investment properties and applying for a non-recourse loan, it’s the perfect time to start evaluating trends. Our non-recourse lenders at First Western Federal Savings Bank have the latest in market research and financial trends for you to lo…Read More

  5. The Perks of Having a Winter Vacation Rental

    When we think “vacation rental” we nearly always picture a beachside cabana. We think of warm places with plenty of sun. All these things can be true for vacation homes, but the fact is that there are plenty ways to vacation — and considering most states in the U.S. experience winter, it wouldn’t make sense to rule out owning a vacation home, just because of the colder weather. In fact, wi…Read More

  6. All About Roth IRAs

    With a self-directed IRA, you can apply for a non-recourse loan, which can be used to purchase a property that will be turned into a rental. It might seem simple, and to many in the financial world, it is, but some of that jargon can make understanding IRAs and non-recourse loans a bit more difficult. First Western Federal Savings Bank is here to explain how Roth IRAs work, and how they can be use…Read More

  7. Pros and Cons of Property Mangement Companies

    Pros And Cons Of Property Management Companies

    Once you’re approved for a non-recourse loan, you can truly begin thinking about your rental property. You’ll start thinking about its purpose, who it’s going to serve, and all the ways that you’re going to prepare it. The list of things to get your rental property ready is a mile long to say the least, but it’s fun and exciting all the same. At this point, many people start wondering if…Read More

  8. How To Set Up A Self-Directed IRA

    A self-directed IRA is a necessary financial tool for all adults to consider. There are plenty of benefits that come from this type of retirement plan — all of which we’ll cover in an upcoming post — but in today’s blog, we’re going to address how to set up a self-directed IRA. With this retirement plan you have the freedom to invest in other types of investments such as real estate. Whe…Read More

  9. Facts On Debt

    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

  10. What Rental Property Refinancing Can Do

    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