If someone is giving you a monetary gift to help you meet mortgage lending requirements, follow these three steps.

Make sure the donor meets all of the requirements (besides being generous). The donor is the person giving you the money. That person must be a family member, domestic partner, or fiancé. The donor also needs to prove that they have the funds available. Documentation might include a copy of their cancelled check, or a signed letter from their bank confirming the funds are in their account. An underwriter may require more than one form of documentation.

Every year, millions of Americans celebrate the holidays with traditions such as throwing parties and buying gifts for family and friends. Unfortunately, many also participate in a tradition that lands them in debt -- spending more than they can afford.

This year, break the buy-now, worry-later habit by creating -- and sticking to -- a special holiday spending plan. It won’t take long, and you’ll still be able to spread cheer without completely draining your wallet.

Held every October, National Cybersecurity Awareness Month (NCSAM) is a collaborative effort between government and industry to ensure every American has the resources they need to stay safe and secure online, while increasing the resilience of the Nation against cyber threats.

HBA 2019 Fall Parade of Homes

Home Builders Association of Greater Grand Rapids
September 27–October 12
Wednesdays | 5 p.m. to 8 p.m.
Fridays and Saturdays | 1 p.m. to 8 p.m.

Mortgage rates are the lowest they’ve been in a long time. Refinance your mortgage to lower your monthly payment, get rid of your Private Mortgage Insurance (PMI), or reduce your term and pay off your mortgage sooner.

To get started, contact us at (844) 754-6280 or visit LMCU.org/Refinance. Our mortgage contact center is now open extended hours to serve you.

A home equity line of credit lets you borrow and spend money just like a credit card, but with a rate as low as 4.99% APR.** Use the money to pay off high-interest debt like student loans, or put that money back into your home—increasing your home’s value and, more importantly, increasing its, “Wow! I love what you’ve done with the place!”

To learn more, visit homeequity.LMCU.org.

A cozy breakfast nook in the kitchen. A master bath with heated floors built in. A custom walk-in closet. Your one-of-a-kind dream home is full of possibilities. But before you build, here are five things you should know about construction-to-permanent loans.

Mini rates for your minivan. Low interest for your low-rider. Below market rates for your SUV or RV. Whatever type of vehicle you plan on buying, pay less each month with an LMCU auto loan. Get started at LMCU.org/AutoLoans.

Earn almost $450* extra every year. That’s like 110 extra glasses of cider and 110 extra donuts (with extra sprinkles, of course). Plus, with no fees, no minimum balance required, and no hassle opening your account, that extra spending cash will pile up faster than the leaves in your yard.

October 15 - December 7

• Do you know your options?
• Have you had your plan reviewed?

Let Lake Michigan Insurance Agency be your helpful guide and agent.