5 Things Business Loan Underwriters Are Looking For

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Most small businesses will need a loan at some point. Whether they need to get things off the ground or expand, financial backing is essential. Getting approved for the loan, isn’t always so easy however. Underwriters can get picky about who they lend their coins to, but the feat is not impossible. Here’s what to consider so you get approved. Continue reading “5 Things Business Loan Underwriters Are Looking For”

My Mobile Money – yes, there’s an app for that!

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Like the rest of the world, we love technology here at Litchfield Bancorp.  We know our clients are mobile and need to access their financial information on their terms…not ours.  Continue reading “My Mobile Money – yes, there’s an app for that!”

Mortgage Pre-Qualification vs. Pre-Approval – Know the difference!

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Although they sound interchangeable, a pre-qualification and a pre-approval for a loan are two very, very different processes.  Not understanding the difference can often lead to missed opportunities when you are buying a home. Continue reading “Mortgage Pre-Qualification vs. Pre-Approval – Know the difference!”

Overwhelmed with Debt? 6 Steps to Get You Headed in the Right Direction

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The presents have been opened and put away, the tree and holiday decorations have been taken down or will be shortly, and the credit card bills start rolling in – UGH! No one wants to start the New Year off in a pile of debt, but it’s a pretty easy trap to fall into and it can be paralyzing! Continue reading “Overwhelmed with Debt? 6 Steps to Get You Headed in the Right Direction”