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This is the official blog of Citizens National Bank, providing information about personal banking, business banking, mortgage loans, business loans, financial management and helpful tips for consumers located in northern Michigan.

Fixed vs. Adjustable Rate Mortgage Loans - What's the Better Option?

Nancy Lindsay - Thursday, March 12, 2015

Fixed vs. Adjustable Rate Mortgage LoansWith the recent announcement of our No Closing Costs program for home mortgage and business loans, you can imagine that we're seeing quite the increase in loan interest from our customers. But when trying to answer the question "which is better for me, a fixed or variable rate loan" the answer really is "it depends." 

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Questions Every First Time Homeowner Should Ask Themselves – Part II

Nancy Lindsay - Wednesday, August 20, 2014

Buying a new homeIn our previous post we set the stage for the aspiring first-time homeowner to better prepare for the process of applying for a home loan. Understanding your credit history is an important component to getting approved for a loan. Additionally, having stable employment shows the bank you’re generating consistent income (and therefore, able make your payments). But these are just a few of the items that you need to consider. Below are some additional questions to ask yourself to ensure that you’re ready to become a homeowner. 

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Questions Every First Time Homeowner Should Ask Themselves – Part I

Nancy Lindsay - Wednesday, August 13, 2014

Questions for first time home ownersDo you see owning a home as bringing your part of the American dream to life? If so, you are like nearly 82% of Americans recently surveyed by the National Association of Home Builders and Better Homes and Gardens Magazine who saw this as a goal. While the housing crisis of the few years back may have made obtaining a mortgage a little more difficult, if you are an aspiring homeowner, what do you need to do to improve the chances of obtaining a mortgage? 

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