Honor Bank Blog

Common Myths of Applying for a Mortgage

Posted by Norm Plumstead on Aug 16, 2017 10:00:00 AM

The Fact of the Matter…

You Can Overcome the Common Myths of Applying for A Mortgage

Homeownership is still part of the American dream for many of us. Now with mortgage rates still at historically low levels and home values consistently appreciating, buying a home becomes more of a serious consideration. However, there are still common myths about applying for a mortgage that hold some of us back from attaining our dream of homeownership. Let’s look at these common myths of applying for a mortgage, because the fact of the matter is…they are just myths.

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Topics: Mortgage

The First Step to Buying a Home for Becky and Raymond? Getting Pre-approved at Honor Bank

Posted by Norm Plumstead on Jul 31, 2017 4:51:23 PM

At Honor Bank, a local community bank, loan approvals and other key decisions are made locally by people who live and work in the community. If you are thinking about buying a new home, make sure your first step is getting a pre-approval at Honor Bank!

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Topics: Mortgage

Rent Vs. Buy

Posted by Norm Plumstead on Jul 18, 2017 10:00:00 AM


One of the most daunting decisions in today’s real estate market is whether to rent vs. buy.  With historically low inventory nationwide, soaring property values, steadily increasing rental rates, and competitive mortgage rates, many are left scratching their heads, wondering what the best solution is for their housing needs. The Traverse City market is no exception.

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Topics: Mortgage

How to Use a Kasasa Account to Grow Your Emergency Fund

Posted by Kasasa on Jul 14, 2017 10:00:00 AM

Last year, I joined the 11% of American consumers who switched banks in search of better value and service. In my case, I jumped at the chance to earn a higher return, by moving my emergency funds from a large commercial bank to a credit union.

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Topics: Checking, Mortgage

Make Your Life Easier Today: Buy Your Vacation Home in Northern Michigan

Posted by Norm Plumstead on Jul 12, 2017 10:00:00 AM

Everyone has their reason to head up north -- step away from the hustle of life and enjoy a laid-back weekend. But as you pack your gear, load up the car and head to your favorite up-north resort for the countless time, you may think how much easier life would be if you had your own vacation home up north.

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Topics: Mortgage

Many Options Available When Looking for the Right Neighborhood in Traverse City

Posted by Norm Plumstead on Jul 10, 2017 10:00:00 AM

What is all the buzz about Traverse City and northern Michigan? For those who have been Michigan life-long residents you have heard the stories, seen and heard the “Pure Michigan” TV and radio ads with their invitation to visit the Northland.

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Topics: Mortgage, Community News

3 Steps to Your Mortgage at Honor Bank

Posted by Norm Plumstead on Jun 30, 2017 4:04:44 PM

With our competitive market for homes today, speed is everything. Whether you’re looking to buy, build or refinance your home, Honor Bank can help with all your home loan needs. Follow these Three Steps to Your Mortgage at Honor Bank and get ready to move into your new home!

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Topics: Mortgage