Important Questions for the First Time Homebuyers

Are you ready to say “I do”? Mortgages are a long-term commitment and could involve an agreement up to 30 years in duration. They say it’s as close to ‘married’ as you can get to a house. Do you have a pre-approval from your financial institution? You wouldn’t buy a tank of gas without knowing how much cash you have. A pre-approval will let you to know your options and how much you can spend, so ...

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Dakotaland's Tom Myers SDHDA Mortgage Loan Officer of the Year

Dakotaland Federal Credit Union’s Tom Myers, was awarded the 2022 South Dakota Housing Area 7 Loan Officer of the Year award at the SDHDA Annual Housing Conference on Nov 7th in Pierre, SD.  Brent Adney, Director of SD Housing  presented the award to Tom which was initially created to recognize Loan Officers who are strong supporters of affordable housing in their communities. There are over 500 ...

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Patriotic family sitting in front of house and moving boxes

Homeownership: the Good, the Bad and the American Dream

Have you ever heard, “The dream of the older generation is to pay off a mortgage, but the dream of the younger generation is to get one”? How about “A man’s home is his castle”? Or “Home is where the mortgage is”? Or wait I mean, “Home is where the heart is”. It’s human nature to want a place to call our own; a place we arrange the way we want and do what we want when we’re there. A home is a ...

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Couple Pounding for Sale Sign in Front Yard

The Cost of Selling Your Home

Thinking about selling your home? It’s pretty straight forward right? Pay some commission fees and pocket the rest? If it were really that simple, but it isn’t. The average cost to sell a house is typically up to 10% of the sale price. This means if you sell your house for $150,000, you can anticipate subtracting $15,000 from the profit of the sale. That’s a number you want to be prepared for, so ...

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Tips to Purchasing Home Insurance

Dakotaland Community Insurance has a wide selection of Insurance Companies available to help you find the best coverage for your home. We have agencies located in Huron, De Smet and Brookings. Please contact the agency nearest you for a free, no obligation quote today.

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Tips to Increase Your Credit Score

Check out our top four suggestions on how to increase your credit score!

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What Factors Make Up Your Credit Score?

Your credit score is a representation of your credit history. This score and information helps lenders, landlords, etc. to decide how likely you are to pay future obligations. Learn what makes up your credit score.

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Pros & Cons of an Escrow Account

Find out if an Escrow Account is right for you.

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