Busted: 4 Common Mortgage Myths Feb 10th, 2025 by: Regan Godderz Banking TipsHome LoansMortgage Tips [siteorigin_widget class="SiteOrigin_Widget_Image_Widget"][/siteorigin_widget] Myth #1: You need a 20% down payment to buy a house. This is one of the most enduring myths about home ownership. After WWII, using a mortgage to buy a home became much more popular than in years past, and yes, a 20% down payment was typical. Today, we have a wide ... Read More
What Can You Use a HELOC For? Feb 7th, 2025 by: Regan Godderz A home equity line of credit (HELOC) is a flexible borrowing option that allows you to tap into your home’s equity as needed. HELOCs are commonly used to pay for large expenses, consolidate debt, or cover unexpected costs. Unlike a traditional loan that provides a lump sum, a HELOC is a reusable line of credit. ... Read More
Protect Your Business from Fraudsters Feb 3rd, 2025 by: Regan Godderz In today’s digital landscape, fraud is an ever-present concern for both consumers and businesses. Here are some best practices to help protect your data: Stay Updated Ensure computers, networks and mobile devices (anything that connects to your data or business environment) are kept up with the latest updates. Utilize MFA Everywhere Possible Set up multifactor ... Read More
Take Control of Your Financial Future: Expert Tips Jan 15th, 2025 by: Regan Godderz It’s always the right time to take control of your financial future. Whether you’re aiming to build savings, pay off debt, or plan for major purchases, these actionable tips will help you get started on a strong financial footing. Review Your Budget The foundation of financial success begins with understanding your current financial situation. ... Read More
12 Fraud Prevention Tips to Keep You Safe this Season Nov 27th, 2024 by: Kitty Tankard Banking SolutionsDigital Banking The holiday season is a time for joy, celebration, and giving. Unfortunately, it’s also a time when fraudsters ramp up their efforts to take advantage of the shopping rush and the distractions of the season. At Bank Midwest, we want to help you protect yourself and your finances during this time. Here are 12 practical ... Read More
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