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    5 Smart Money Moves to Make This Fall

    | Blog

    As the leaves begin to change color, it's time to start thinking about your year-end money strategy.


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    Jumbo Loans in Detroit

    | Blog

    As the economy continues to improve, more and more people are taking advantage of the opportunity to get more out of their home loans. This explains the growing popularity of what is called the jumbo loan or jumbo mortgage.


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    Riding the Wave of Inflation

    | Blog

    From gas to groceries, inflation is making a significant impact on our personal finances.


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    Less than 10 years left on your traditional mortgage and want to refi?

    | Blog

    Let’s talk about the MyChoice Mortgage. Designed to simplify your budget, this program allows you to refinance your home in a term and rate that you choose – from one to ten years.


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    What is an ARM Mortgage?

    | Blog

    Adjustable-rate mortgages (ARMs) are loans with an interest rate that can change throughout the term of the loan. The two periods of an ARM are the “initial period” and the “adjustment period.”


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    Why Choose Direct Financial for Your Mortgage Loan?

    | Blog

    There are a number of institutions that buyers can choose to apply to for home loans in Detroit, but those who want superior rates and reasonable terms turn to Direct Financial.


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    Required Minimum Distribution (RMD) – 2021

    | Blog

    The end of 2021 is approaching and if you’re over the age of 72 and have an IRA account (with NEFCU or elsewhere), don’t forget to take your RMD by December 31, 2021 to avoid a 50% penalty on your required amount.


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    Make Digital Banking Even More Secure

    | Blog

    In addition to receiving online banking access codes by phone, text, or email, members have the option to utilize authenticator apps such as Google Authenticator and Microsoft Authenticator.