Considerng buying your first home? Check out these tips on how to figure out what you can afford, the mortgage types available to you, and what factors should factor into your consideration when looking for your dream home. 

When it comes to borrowing money, you have quite a few options.  While everyone is familiar with more common loan types such as short-term loans, personal loans and credit cards , they each have pitfalls you’ll want to avoid if you can. If you’re looking for a loan that’s available when you need and doesn’t require a payment when you don’t, a personal line of credit may be right for you.

A balance transfer allows you to move exsiting balances from your current card(s) over to a new card that typically has a special offer and/or a lower rate! These special offers and promotional periods offer a window that will allow you to pay your balances down without having to worry about interest. Take a second to review these pros and cons to see if a balance transfer is the right option for you!