Personal
Business
Why Valley
Connect with us
Download our app
Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender
Cash-out refinance loans and second mortgages both allow you to borrow money while using your home as collateral for the loan. But there are important differences between them to consider when deciding which of the two -- if either -- is right for you.Here are three of the biggest differences ...
Refinancing a home can help property owners reduce the cost of their mortgage. It's a pretty simple process. Homeowners who already have a mortgage will apply for a new refinance loan, either from their current lender or a different one. If approved, they'll use the loan proceeds to repay their ...
Mortgage refinancing can provide homeowners with options to consolidate debt, obtain a lower interest rate, and tap equity to pay for big-ticket expenses. Whatever the reason for refinancing, homeowners who have jumbo loans—those intended to finance luxury homes and properties—may face a demanding process because there’s more money at stake. Jumbo ...
If interest rates are rising, you shouldn’t view that as a sure sign to put off refinancing your mortgage. When any of these 5 situations occur, it might indicate a good time to call for refinancing. Current loan is at a high interest rateEven if interest rates are rising, they ...
Refinancing. You’re certainly familiar with the term. The draw of lower interest rates and monthly payments sounds enticing, but is it worth the hassle?The answer is maybe. It’s all about the numbers, and making them work for you. Refinancing can be a great contribution to a long-term financial strategy. Let’s ...
Refinancing can be a great way to lower your payments or to free up some cash for renovations.It’s a useful tool that many homeowners will take advantage of at one point or another. However, is there such a thing as too many refinances?Legally speaking, no. There are no specific regulations ...
As the “Great Resignation” is underway, workers may be wondering if they should join in. For those in their 40s, the considerations may be a bit different than for entry-level workers who are trying to establish their career, or older employees focused on job security. Here are six factors to ...
Buying a home is one of the most significant purchases — and financial investments — people make in their lives. Including a home inspection contingency with your offer is one of the most effective ways to protect that investment.Some buyers may choose to waive a home inspection in a competitive ...
Despite potential inflationary pressures, the economy continues to chug along as many consumers are flush with cash and eager to enjoy purchases they might have delayed. Small businesses are well-positioned to reap the benefits, with 82% of consumers saying they would choose a local product over a national brand. Here’s ...
Supply chain disruptions continue to be a pervasive and major problem across industries in the US, serving as a catalyst to the skyrocketing inflation rate. Supply chain issues have hit the manufacturing sector especially hard, causing production delays, increasing prices for raw materials and goods, and hampering growth.Unfortunately, many manufacturing ...
For the month of June, we're celebrating Pride Month by highlighting local businesses owned by members of the LGBTQ+ community. Below you'll meet Alba Susana Johnson, also known as Susy, owner of Alba S. Johnson Esq., based out of Florida.The early daysAlba has been an attorney since 1988, but has ...
For the month of June, we're celebrating Pride Month by highlighting local businesses owned by members of the LGBTQ+ community. Below you'll meet Ray and Lyn, co-owners at Visage Salon & Spa located in Oradell, NJ.How it all startedVisage Salon & Spa started 24 years ago, and their product line ...
Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender