Home Loans

We understand that this can be frustrating for you as a consumer. It's natural to assume that the bank sold your information to a third-party vendor. However, it's important to know that the bank did not sell your information.

The credit bureaus sold your information as a trigger lead.

Trigger leads are consumer reports created and sold by the credit bureaus and include data on...

Effective May 1st, 2023, Fannie Mae and Freddie Mac is making changes to the Loan-Level Price Adjustment Matrix.

These fee structure changes will impact all whole loans purchased on or after May 1, 2023, and for loans delivered into MBS with issue dates on or after May 1, 2023, unless otherwise noted here.

No, this mortgage fee structure change will impact only those loans that are sold directly to...

Remodeling a home can be an exciting and rewarding experience, but it also requires a considerable amount of time, effort, and money. Carefully consider the pros and cons of remodeling before taking on such a project. Homeowners typically consider remodeling when their current living space no longer meets their needs, or if they want to make improvements that will increase the value of their property.

You’re officially a first-time home buyer. Congratulations! Now the hard parts over, right? Not necessarily. What happens after you move into your new home? Costs associated with upkeep, improvements, and other expenses can and will pop up. If you aren't educated in these areas, you leave yourself open to making costly mistakes.

This article will help provide a step-by-step education for first time home buyers to help...

Our Wisconsin winter’s average low temperature is 5 degrees in February, and the high temperature is below freezing. These temps can lead to a constant humming from your furnace during winter months. Cold temperatures not only affect your heat bill compared to warmer months but also put stress on your vehicle and possibly your wallet.

So, what can you do to save on home energy during the winter? And what can you do to be kind to...

When you build home equity, you're growing your total net worth. In our latest MLO feature blog, Mike discusses what equity is, why it's good, and 5 ways to build equity in your home.

Home equity is the difference between the balance on your mortgage and the current value of your home. For example, if you have $225,000 left on your mortgage and the present value of your home is $310,000, you have $85,000 of equity in your home.

You found the perfect home, saved for a down payment, and applied for a mortgage. Now it’s time to finalize the paperwork and pay the mortgage closing costs. But what types of expenses might you incur in your closing costs?

Sue Ruesch, NMLS #675057, Wisconsin Rapids Mortgage Lender, provides possible expenses you may incur in your home closing costs, helping you better prepare.

Are you currently renting? Are you a first-time homebuyer? Are you concerned the home buying process is going to be difficult?

Buying a house can be daunting. After all - they don't teach "Home Buying 101" in high school or college. But, being prepared makes all the difference.

It's easy to scroll through Realtor.com or Zillow and dream about owning the perfect house. The magic of HGTV's and DIY network remodeling shows get to us all. But slow down,...

A lot goes into applying for a mortgage and deciding whether it is the right time for you. From knowing your budget, researching home loan programs, getting ahead on your debt, increasing your savings, and becoming pre-approved. All are helpful in making the home buying process successful from start to finish.

Prevail Bank Mortgage Loan Originators Becky Brost, NMLS# 562333, and Lana Peterson, NMLS# 1236394, offer you helpful tips to help you make the best decisions...

Bill, a Northwestern Wisconsin native, is just like you. He went to college, works, and banks in the Eau Claire area. Bill knew of Prevail Bank through his relationship with our Eau Claire Mortgage Lender, Ryan (NMLS# 1836499). He wanted to try a community bank to find flexible financing for his unique home loan needs that larger banks weren’t available to help meet.

Bill chose to bank with us because at Prevail Bank, it’s...