The Benefits of owning your own home

  1. Tax breaks may be given by the government to those who own their own home. (deduction on mortgage interest, etc)
  2. Owning your home provides a freedom from landlords and third parties.
  3. Owning a home allows the homeowner(s) to build equity on their home, possibly providing large amounts of savings in the long term.
  4. Mortgage payments never change and stay constant, while rent can change based on situation and landlord.
  5. Owning a home provides a sense of stability.
  6. Mortgages end, rent doesn’t.

Buying your first home

  • Work with your mortgage loan originators to determine and analyze details of your loan options
  • Budget to save up for down payment
    • Set and stick to a budget
    • Lower expenses
    • Set automatic transfers to your savings account
  • Get pre-approved
  • Find an agent