This week, we are celebrating home ownership with you in mind! Are you considering home ownership but are unsure of the steps to get you headed in the right direction? Check out the final tips of a 2 part series to ensure you don’t detour on your path to home ownership!
•Down Payment: Determine how much you can afford to put down as a down payment. While a larger down payment can lower your monthly mortgage payments and potentially qualify you for better loan terms, there are various loan programs available that require lower down payments for eligible buyers.
•Starting a savings account for your down payment now is a great way to jumpstart your homeownership journey. Centric pays 9x the national average on savings accounts. This is something you do not want to miss out on.
•Also, consider Future Plans and Flexibility: Consider your future plans and how they may impact your homeownership decision. Think about factors such as career changes, family dynamics, lifestyle preferences, and potential relocation. Choose a home that offers flexibility and can adapt to your changing needs over time.
To discuss mortgage options and planning to become a homeowner, give us a call at 318.340.9656 or visit us online at mycentric.org.
18 сен 2024
