Westerra Blog

The idea behind it was clear: if you found a home you loved, buy it quickly and refinance later. The expectation was that rates would drop quickly and refinancing would be an easy way to lower your monthly payment.

We live in a time when information is everywhere. The moment you think about buying a home, your internet feed fills with articles, ads, calculators and confident opinions.

If you’re a homeowner managing high interest debt, you’re not alone. Many members are asking an important question right now: Should I refinance my mortgage to pay off debt?

Buying your first home might feel out of reach, especially if you’re in your early 20s or navigating student loans, gig work or rising living costs. But here’s the truth: You don’t need to wait to become a homeowner.

If you’re planning to build a home or renovate your current one in Colorado, understanding construction loans is essential. Unlike traditional mortgages, construction loans are designed to fund the building process from start to finish.

If you're juggling multiple monthly payments — credit cards, personal loans, medical bills — you’re not alone. Debt can feel overwhelming, especially when interest rates are high and balances keep growing.

You’ve found the perfect home. But your current one hasn’t sold yet, and you need funds for a down payment. That’s where a bridge loan can help.

If you’re a medical or dental professional looking to buy a home, you may qualify for a special type of mortgage designed just for you.

Your guide to homeownership for veterans and service members

Colorado homeowners who locked in mortgage rates around 3% during the pandemic years are now facing a tough decision.

Whether you’re a first-time homebuyer or a seasoned homeowner, understanding Private Mortgage Insurance (PMI) is an essential step on your homeownership journey. At Westerra Credit Union, we’re here to support you every step of the way.

Is an adjustable rate mortgage right for me? Short answer: Maybe. Long answer: Let’s talk about it.