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Posts Tagged ‘College’

College Financing

Thursday, July 17th, 2014

College_477961511MODNow that you’ve been accepted the fun begins…how are you going to pay for college?

Start with some local research. There are quite a few organizations right within your hometown that could be looking to give you money for school. That’s right, GIVE YOU money! Many of them have scholarship programs in place and are awaiting applicants just like you.

Check your Kiwanis, Rotary, anchor businesses and larger organizations. Also some clubs and trade organizations give scholarships to those studying in a specific field. Just ask, you’d be surprised at what you may find.

Once you’ve applied for State and Federal loans, see what you’ll need to supplement. There are always options. It may help to co-sign a loan with a parent to get a better rate and help build your credit.

Check out these helpful links below and when you’re ready, we’re happy to help with the Smart Option Student Loan® by Sallie Mae® right here at First Source.

4 Overlooked Ways To Pay For College

5 Tips For Paying For College

Top Uses for Home Equity Loans

Wednesday, March 19th, 2014


While a home equity loan or line of credit can be used for just about anything, the top uses in our area are primarily:

  • Debt Consolidation
  • Home Improvement
  • College Costs
  • Investment Properties

The reason that this type of loan is so appealing is that you may be eligible for a tax deduction (consult your tax advisor) by using your home as collateral, and the rates are generally lower than other loan types or credit cards. Home equities also offer the option of getting a loan or taking out a line of credit to best fit your needs. Bring your bills and come see us. We’ll be happy to see if a home equity option can save you money. Click the set up an appointment button below to get started.








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