Money Matters: Tips on Mortgages with Taylor Harrell

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  • What should you consider? 
    • Monthly Income 
    • Down payment 
    • Monthly payment 
    • Payback period 
    • Current level of debt 
  • What are some mortgage tips? 
    • Payments should be less than 25% of your monthly income 
    • Total monthly payments should be less than 40% of monthly income 
    • Put down 20% to reduce payments 
    • Ask about 15 to 20 year loans because these reduce interest in the long-run. 
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Money Matters: Home Improvement Loans

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Today, a lot of people are choosing to stay in their present home rather than buying something new. That often leads to home improvement.

What is considered as home improvements projects?

  • HVAC units
  • Roofing
  • Kitchen and bathroom remodeling
  • Great room renovations and garages

What are the different financing options?

  • Savings plans
  • Home equity lines
  • Home improvement loans
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Stress Less with Holiday Tips from Southern Bank

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It’s normal to stress out during the holidays, but Southern Bank wants to take one thing off your plate: money worries.

The winter holidays will soon be here with the promise of good cheer and good times. Unfortunately, they’re also ticking time bombs in terms of stress. From family issues to gift choices, the holiday season can take its toll. Banking doesn’t have to add to the anxiety. Southern Bank brings you peace of mind with these ...

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How to Plan for Christmas Early

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Shopping for the holidays can be a hectic time. Begin early and be prepared for when December rolls around with the help of Southern Bank.

After the holiday rush, many of us suffer from sticker shock. From ingredients for holiday meals to seemingly endless gift lists, the costs can be staggering. Whether you dip into your savings or worse, rack up credit-card debt, the holiday season can really damage your finances. From switching up your banking practices ...

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10 Money Saving Tips

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You’ve probably heard that money doesn’t grow on trees. However, if you watch what you spend, you’ll likely see more money in your account each month. Southern Bank in Greenville, NC has 10 tips to help you keep a little extra money in your pocket for the future.

10 Ways to Save Money

1. Open a savings account.

You’ll save more money in an interest-earning account than in your sock drawer. A savings account can help you get a handle ...

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