An FHA loan is a mortgage that’s guaranteed by the government’s Federal Housing Administration. Because of this guarantee, FHA loans are more available to homebuyers who do not qualify for traditional mortgages.  Should I get an FHA loan?  FHA loans are great for anyone, but they’re especially good for those who:  • Are first-time homebuyers 

When preparing your taxes there are a lot of simple and easy errors you can avoid with a little double checking and extra diligence. Also, one of the biggest reasons a tax refund is delayed is because of an error. Check out this list of common errors and correct them before you file: Incorrect or

April is Financial Literacy Month. Financial Literacy Month became official in 2004 when the Senate passed Resolution 316 to officially recognize the month. While it’s not as fun as Halloween or your birthday, its goal of starting and keeping healthy financial habits is worth celebrating. Why We Need Financial Literacy Month  We know, it seems

No matter how financially savvy we think we are, there’s always room to learn more. That’s why the Federal Reserve bank of Chicago created Money Smart Week. Over 30 Chicago-area organizations joined together to create the Money Smart Advisory Council to work together to promote financial literacy. Money Smart Week launched in 2002 and includes

If you’re like millions of Americans, you wait till mid-April to file your income tax return. But are there any benefits to filing then? Or is it better to file early? We break it down for you. File Your Taxes Early Honestly, there are more pros than cons to filing your taxes before the April

To recognize National Credit Education Month, we thought we’d focus this week’s blog on credit. By now we all know that paying your bills late or not paying them at all can drastically affect your credit score. But there are many more factors that go into your score. First, let’s start off with the actual

Spring break. For teens and college kids, it’s almost a rite of passage. For families, it’s a much-needed vacation from the day-to-day grind. For both, it can take a big bite out of your savings. We think everyone deserves a spring break – so we put some tips together to help make it more affordable.

Whether you’re a victim of the federal government shutdown, a recent layoff or just too much debt, don’t despair. There are some simple steps you can take to help you survive these tough times: Cut back Review spending habits– This should be your first step. Put together a budget of what’s coming in and what’s

Tax season is here. It’s not only a time filled with W-2s and receipts – but scams as well. You’ll want to be on your guard to protect yourself this time of year.  IRS Imposter Scams Whether it’s by phone, mail or email, IRS scammers will often try one of two approaches to get your

Many of our members make their deposits, withdrawals and payments without thinking much about what being a WWFCU member truly means. That’s okay, we don’t mind. But in honor of Valentine’s Day, we thought we’d share the top eight reasons why our members love WWFCU.  Low RatesCredit unions are known for their low loan interest rates.