AA Credit Union

Cents - Spring 2015

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AACreditUnion.org | | 19 Think outside the bank. While your mortgage loan will come from a lending institution such as a credit union, your down payment can come from outside sources. Goddard says family members can be a good source. "There are loans that allow WKHGRZQSD\PHQWWREHJLIWHGWR\RXE\DIDPLO\PHPEHU´KHVD\V %UD\VD\VWKDWWKRVHKRPHRZQHUVZKRGRQ¶WZDQWWRVHOOEHIRUHWKH\EX\FDQ also look to family members and friends for a bridge loan. "If it's structured as a EXVLQHVVSURSRVLWLRQZLWKLQWHUHVWLWFDQEHDJRRGWKLQJIRUHYHU\RQHLQYROYHG´ 1 2 3 4 5 FINDING THE Each year Forbes releases its America's Fastest-Growing Cities list. This year, the top fi ve cities: The main thing they all have in common: Job growth is more than 3 percent, and unemployment rates are between 4.1 and 4.9 percent, well under the national average of 5.7 percent, according to the Bureau of Labor Statistics. Seattle, Wash. Houston, Texas Austin, Texas Dallas, Texas Raleigh, N.C.

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