Benefits of Homeownership

Now that you are a homeowner, here are just a few benefits that you are receiving from your homeownership.

  1.  Appreciation - Over time an increase can become equity.
  2.  Equity - Equity may create cash flow once your refinance or sell.
  3.  Happiness - You have created a home for your family.
  4.  Tax Savings - Interest paid on your mortgage may be tax deductible.
  5.  Roots - People who own stay in their homes 4 times longer than when renting. You get to know your neighbors and community.

*Consult a tax advisor for possible tax savings

 


* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.