Deidre Davis
Phone: 517.883.9293
Email: ddavis@dartbank.com
Phishing, Smishing, and Vishing…Oh My! In today’s digital age, protecting your financial assets is more crucial than ever. To help you become better prepared in preventing fraud, we will equip you with the knowledge and tools to fend off phishing, smishing, and vishing attacks. What is Phishing? Phishing is a tactic used by cybercriminals to
Tips for First-Time Homebuyers Buying your first home is exciting — it’s likely one of the largest purchases you’ll ever make. Understanding the homebuying process can help make this major financial decision easier. First, set a budget for an ideal monthly payment: Make a list of your monthly income and expenses. Then, determine how much
Why You Need a Mortgage Pre-Approval Now that Summer is here, you may be thinking about buying a home. Once way to put yourself in a good buying position is to obtain a mortgage pre-approval. What is a Mortgage Pre-Approval? A mortgage pre-approval is an offer by a lender to loan you a certain amount
Newly-released Federal Trade Commission (FTC) data showed that consumers reported losing more than $10 billion to fraud in 2023, a 14% increase over reported fraud losses in 2022. The FTC received fraud reports from 2.6 million consumers last year, and the most commonly reported scam category was imposter scams, which saw significant increases in reports
Rise In Mailbox Fraud A surge in crimes targeting the U.S. Postal Service has some experts warning Americans against sending their checks through the mail. The USPS last month cautioned that it has seen an increase in attacks on letter carriers and mail fraud incidents, with 305 mail carriers robbed in the first half of
In a competitive market, it’s important to plan ahead. Here are 8 tips to help you win a bidding war: #1. Determine Price: Carefully consider how to price your offer, as it will be the first thing the seller sees. In a competitive market, you may need to match or slightly exceed the list price
Down Payment – This is the initial payment made by the buyer at the time of purchase. It is typically a percentage of the home’s purchase price, and the exact amount varies depending on the lender and loan type. Generally, the larger the down payment, the lower the monthly mortgage payment and overall interest paid
Have you ever wondered what are the benefits of home ownership? Here are a few examples of what owning a home can provide you: ROOTS: Buying a home can provide a sense of stability and roots in a community, which can be particularly important for families or people who want to put down roots in
The below ten commandments outline what not to do during the mortgage application process: Thou shalt not make large purchases: Avoid making any large purchases on credit, such as buying a car or furniture, as it can affect your debt-to-income ratio and credit score. Thou shalt not quit or change jobs: Quitting or changing jobs
Did you hear the exciting news? The Federal Housing Finance Agency (FHFA) announced that it would rescind a controversial loan-level pricing adjustment (LLPA) for conventional borrowers with debt-to-income (DTI) levels at or above 40%. The FHFA, which regulates Fannie Mae and Freddie Mac, had previously delayed implementation of the DTI LLPA until August. With its rescission, it will no longer