Alice Mogensen - Bangor Savings Bank

Alice Mogensen - Bangor Savings Bank Buying, building, or refinancing your home can be both exciting and challenging. We're here to help you through the home buying process.

We make our loan approvals locally so you can expect dependability and commitment to you. Assistant Vice President, Mortgage Loan Officer at Bangor Savings Bank in Auburn, Maine
Serving Northern New England
NMLS ID # 868775
Bangor Savings Bank NMLS # 449200
Member FDIC | Equal Housing Lender

Happy Fourth of July! May you have a fun and cheerful celebration with your loved ones today.
07/04/2024

Happy Fourth of July! May you have a fun and cheerful celebration with your loved ones today.

Home construction loans provide families and individuals with the ability to finance new home construction projects. The...
11/29/2023

Home construction loans provide families and individuals with the ability to finance new home construction projects. The construction period is usually short, typically lasting one year or less in most cases, and once the project is complete, the...

If you would like to speak to one of our professionals about the topics featured here in Money Mentor, give us a call today!

Maine towns like Bethel and Rangeley are seeing demand for vacation homes exceeding supply and prices remaining high.
11/02/2023

Maine towns like Bethel and Rangeley are seeing demand for vacation homes exceeding supply and prices remaining high.

Maine towns like Bethel and Rangeley are seeing demand for vacation homes exceeding supply and prices remaining high.

The value of homeownership adds up. In fact, 75% of Americans say owning a home is a greater achievement than a successf...
10/19/2023

The value of homeownership adds up. In fact, 75% of Americans say owning a home is a greater achievement than a successful career.* Yet the decision to buy still isn’t an easy one. Check out five long-term benefits of owning a house with renters weighing the pros & cons of buying at mgic.com/homeownership.

*NAR, "Homeownership Bigger Achievement Than Career Success"

Ahead, find easy landscaping ideas to make your outdoor space the envy of the neighborhood. Photo: istockphoto.com Less ...
10/12/2023

Ahead, find easy landscaping ideas to make your outdoor space the envy of the neighborhood. Photo: istockphoto.com Less lawn equals less work. That’s the best argument for hardscaping—that's the use of pavers, brick, or decorative stone. Whether you ... https://brev.is/ozDdu

Looking for some low-maintenance landscaping ideas? Here's how to spend less time weeding, watering and mowing the yard—and a lot more time lounging in it!

Construction began in early June on a tiny home park off Hammond Street in Bangor. Four homes are already standing with ...
09/27/2023

Construction began in early June on a tiny home park off Hammond Street in Bangor. Four homes are already standing with 30 more expected by summer 2024. The 320-square foot homes are marketed for singles and couples.

Construction began in early June on a tiny home park off Hammond Street in Bangor.

The latest data from the NH Association of Realtors provides a montage of a market with three major elements: Tight supp...
09/07/2023

The latest data from the NH Association of Realtors provides a montage of a market with three major elements: Tight supply, which creates higher prices, which challenges affordability. “There is no question supply is still a big issue in our state,

Supply pressures continue to stoke higher median prices

Happy labor Day Weekend! Enjoy and Be Safe!
09/01/2023

Happy labor Day Weekend! Enjoy and Be Safe!

Budgeting is not something I find to be fun. Rather than setting a budget, I've taken a different approach by automating...
08/31/2023

Budgeting is not something I find to be fun. Rather than setting a budget, I've taken a different approach by automating my finances. Find out more.

Budgeting is not something I find to be fun. Rather than setting a budget, I've taken a different approach by automating my finances. Find out more.

One way to get equity out of your home is by taking out a home equity loan. With this type of loan, you borrow a lump su...
08/11/2023

One way to get equity out of your home is by taking out a home equity loan. With this type of loan, you borrow a lump sum of cash based on how much equity you have in your home. You then repay this amount over a specified period — typically five to 30 years — usually at a fixed i...

Accessing your home equity isn't instantaneous. Here's what you need to know to weigh your options.

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170 Turner Street
Auburn, ME
04210

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