Articles
Explore financial education articles from MHV with helpful guidance on saving, borrowing, budgeting, homeownership, credit, and more.
Articles to Guide You On Your Financial Journey
Buying a Home
To Buy or Not to Buy?
If you’re ready to change your living situation, you may be debating whether it’s better to rent or purchase your next home. Unfortunately, the decision isn’t always easy to make.
Buying a Home: Exploring Your Options
Thinking about buying a place to call home? Then it’s time to think through the home buying process. It can be tempting to start by...
Making a Down Payment on a House
A lot goes into buying a home, but one of the biggest hurdles for many is saving enough for a down payment.
Mortgage Application Checklist
One of the most tedious parts of home buying is gathering the right documentation, but prepping beforehand makes it that much easier.
The Cost of a Mortgage: A Comprehensive Guide
For most people, a mortgage is the largest loan they’ll ever have. It's essential to understand all that goes into the cost and your responsibility in paying it back.
Working with a Mortgage Lender
To qualify for a mortgage loan, you’ll need to complete an application, which serves as a comprehensive financial profile. Effective collaboration with a mortgage lender can simplify the process.
Borrowing & Credit
Credit Scores
Your credit score may seem random, but it tells lenders and other creditors a lot about your financial behavior.
Borrowing Money for Youth
Borrowing money is a common financial practice. But it can lead to dangerous consequences if not done carefully. It’s important to understand how borrowing money works so that you can do so safely when needed.
How Does Amortization Work?
If you’ve ever financed a car or taken out a mortgage, you’ve likely heard the word “amortization” tossed around.