Love Your Lender: Find a Healthy Relationship with Money at Canvas
This 2018 is all about self-care, and City National Bank and Everbank are teaming up with The A+E District to bring you Financial Speed Dating: Love Your Lender. Picture a unique take on speed-dating, where you’ll meet with financial professionals and get advice on how to improve your finances and how to create a healthy relationship with money.
Seven minutes in heaven gets you a one-on-one crash course in lending, home ownership and the next steps to purchasing a home. You’ll get to ask tough questions about strategic financial planning, get help mapping out goals, and understand more about the benefits of a Fannie Mae-approved building.
If you love your finance expert, we’ll match you for your second date. The evening will be hosted by Teresa Cesario our very own Cupid and match maker. You’ll also meet Alfred Fernandez Morrell and Victor Suarez of Everbank along with Carmen Valdivia and Kevin Cassell from City National Bank.
Because money matters we also wanted to give you a taste of what you’ll learn with these three finance tips by City National Bank if you’re thinking about purchasing a home:
Avoid changing jobs before applying for a mortgage, especially where you are paid commission or will be considered self-employed. Lenders favor a stable work history, and any recent job changes might lower your available financing or impact your ability to qualify for a mortgage entirely.
The lending decision is made based on a snapshot of a person’s income and debts as of a certain date. When applying for a loan, do not open new accounts, purchase on credit furniture, new car, change car, or anything that would change your monthly debts until after loan closing. Lenders will re-pull credit right before loan closing so beware.
Know how much you can afford. Getting a lender pre-approval is an important first step in buying a home. Working with a lender for a pre-approval helps determine what you can qualify based on your credit, income, and assets. It also gives you confidence that the monthly payments fit your budget and lifestyle.
Culture and Responsibility
If community efforts are what you’re looking for in a lender, EverBank features programs like their My Money program created by the Florida Department of Financial Services. My Money is a comprehensive and inclusive financial literacy program and resource clearinghouse for individuals with developmental disabilities, their family members and caregivers. More info here.
They also invest in the community and over the past three years, EverBank has donated nearly $9 million to over 100 different charitable organizations nationally.
There will also be complimentary cupcakes from Bunnie Cakes and cocktails by Top Shelf for the ultimate #Adulting event.
What: Financial Speed Dating: Love Your Lender Powered by NR Investments
When: Tuesday, February 13, 7-9 p.m.
Where: Canvas Miami, 90 NE 17th Street
Cost: Free and open to the public. RSVP required as space is limited. Guests must show RSVP at check-in.