Category Archives: Mortgages & Loans

Should I Renovate or Buy a New Home?

Posted on November 20, 2017 by NVE Bank

It’s a question many a homeowner has asked him or herself at one point or another: should I remodel or relocate? When you come to that fork in the road, knowing the right questions to address — not only with … Continue reading →

Posted in homeownership, Mortgages & Loans | Tagged "25 year mortgage", "7 year mortgage", "bank loan", "buyer's market", "fixed mortgage", "love it or list it", "new jersey lender", "real estate professional", "second mortage", "seller's market", 15 year mortgage", Bergen County, community bank, HELOC, Home Equity Line of Credit, home equity loan, homeowner, loan, mortgage, real estate, refinance, refinancing, remodel | Leave a comment

Finding a Home in Today’s New Jersey Real Estate Market

Posted on April 17, 2017 by NVE Bank

You may have noticed some news headlines flying indicating that we are in a seller’s real estate market in New Jersey and around the country. In some cases — or rather, some places — we are. But there’s good news … Continue reading →

Posted in Bergen County, Mortgages & Loans, New Jersey, NJ | Tagged "home loans", Bergen County, home loan, home market, house hunting, house hunting tips, house market, mortgage, New Jersey, NVE Bank, real estate | Leave a comment

Home Equity Line of Credit or Home Equity Loan: How to Choose

Posted on May 31, 2016 by NVE Bank

As a homeowner, it’s a near certainty that there will be times when leveraging your home’s equity — the difference between the appraised value of your home and what you owe on the mortgage — will enable you to afford … Continue reading →

Posted in Bergen County, home care, Mortgages & Loans, New Jersey, NJ | Tagged "financial tips", debt, HELOC, Home Equity Line of Credit, home equity loan, homeowner, interest, investment, lending specialist, principal | 1 Comment

Three Ways to Get the Best Mortgage

Posted on May 6, 2016 by NVE Bank

There are a few key factors that determine your mortgage interest rate. It’s important to know what they are because, for better or for worse, your habits affect how much you will pay. Being aware of this information will also … Continue reading →

Posted in Mortgages & Loans, Uncategorized | Tagged bad credit, Banking, Bergen County, credit profile, credit rating, credit report, Englewood, good credit, interest rate, mortgage, mortgage interest, mortgage loan, New Jersey, NJ real estate, north jersey, northern new jersey, NVE Bank | Leave a comment

Top Factors When Selecting a Home Equity Line of Credit

Posted on February 3, 2016 by NVE Bank

One of the biggest advantages of home ownership is that a house is an investment. With each passing year, you owe less on your mortgage and – more times than not (hopefully) – the home value increases. There may be … Continue reading →

Posted in credit, Mortgages & Loans, New Jersey | Tagged balloon payment, HELOC, home equity, home equity lin, home equity loan, home ownership, house of credit, interest rate, lending specialist, line of credit, mortgage, r | Leave a comment

Benefits of Homeownership

Posted on September 23, 2015 by NVE Bank

Purchasing a home — whether it’s your first one or your fifth — is exciting. Having a piece of property to call your own provides a sense of well-deserved accomplishment and satisfaction. Home ownership is part of the American Dream … Continue reading →

Posted in Mortgages & Loans, NJ, Uncategorized | Tagged deductions, equity, homeowner, homeownership, insurance, property tax, savings, Tax Benefits | Leave a comment

Good Debt vs. Bad Debt

Posted on January 15, 2015 by NVE Bank

It is nearly impossible to go through life without accumulating debt. New Jersey residents know that better than most. The average debt of $62,300 per capita for residents of the Garden State is significantly higher than the average American’s $47,500. … Continue reading →

Posted in Bergen County, credit, Education, Mortgages & Loans, personal finance | Tagged "business loan", auto loan, bad credit, commercial loan, credit, credit card, good credit, mortgage, retail credit, school loan, store credit card, student loan | Leave a comment

Old Homes vs. New Homes: Cost-Benefit Analysis

Posted on October 21, 2014 by NVE Bank

Some people know immediately whether they want an older home or a newer one … or at least they think they do. Vintage houses have charm and history, but are sometimes plagued with issues. Those constructed recently are typically outfitted … Continue reading →

Posted in Bergen County, Community Banking, Mortgages & Loans, NJ, NJ Banks, Uncategorized | Tagged cost-benefits, hidden costs, homes, house, loans, mortagage, NVE, NVE Bank | 1 Comment

Tips on How to Secure a Business Loan

Posted on August 4, 2014 by NVE Bank

As a business owner, there are myriad reasons you might take out a loan. Perhaps you need the money to stock up inventory. Maybe you need CAPEX (capital expenditure) funds to upgrade or expand you facilities, or cover day-to-day operations. … Continue reading →

Posted in Bergen County, Business Bankings, Mortgages & Loans, NJ, NJ Banks, Uncategorized | Tagged "business loan", "how to", "U.S. Small Business Administration", business, capital, credit, lenders, lending, loan, NVE, NVE Bank | Leave a comment

Tips on Home Refinancing

Posted on July 16, 2014 by NVE Bank

How do you know if the time is right to refinance your home? To find the correct answer, you must first understand what refinancing is: paying off your existing mortgage and creating a new one. There is good news for … Continue reading →

Posted in Bergen County, Community Banking, Mortgages & Loans, Mutual Banks, NJ, NJ Banks, Personal Banking, Uncategorized | Tagged "$549 Cash Back at Closing", "mortgage loans", fixed rate mortgage, home, homeowner, homeowners, mortgage, NVE, NVE Bank, refinance | Leave a comment