New for You: The Georgia Heritage Federal Credit Union Podcast

We love to be able to sit down with you and chat one on one. Providing you with helpful guidance is why we are here. But if we can offer that personalized guidance to a larger number of you at the same time, well that’s even better! With that in mind, we have added an additional service for our credit union members and guests: the Georgia Heritage Federal Credit Union Podcast. Although it’s just begun, we have an endless number of topic ideas for you, and we can’t wait to build up our podcast with the information you need.

Our Credit Union’s First Podcast: “Want to Buy a House?”

In the debut Georgia Heritage Federal Credit Union Podcast, Regina and Latrice share the answers to your house-buying questions. In this first episode, they review the criteria needed to start your home-buying journey in a question-and-answer format. Following are a few summarized snippets from the first podcast.   Regina asks: How does someone know when they’re ready to buy? Latrice answers: Potential homebuyers should consider the commitment, job security, duration, and their own emotional state.   Regina asks:  What is the biggest thing that keeps people from starting the homebuying process? Latrice answers: The credit score misconception criteria. Your credit score doesn’t have to be perfect. You can qualify with less than perfect credit.   Regina asks: How much can I afford? Latrice answers: Your total housing budget shouldn’t be more than 28 percent of your housing debt and 36 percent of your total debt-to-income ratio.   Regina asks: How long does the loan process take? Latrice answers: A few days for initial approval, a few weeks or months for shopping, and 30 to 45 days for closing.   Regina asks: Do you need a preapproval? Latrice answers: Yes. It puts you on the fast track, establishes credibility, and gives you confidence as you search for your home. It also helps you identify how much you can afford.   Regina asks: Do you really need a Realtor? Latrice answers: It’s a great idea. Get someone you trust and who knows the local housing market like the back of their hand.   Like what you see so far? Subscribe to our podcast by visiting our podcasts page. You can listen to our Georgia Heritage Federal Credit Union podcast on Spotify and Apple Podcasts.