Are you thinking about buying your first house?
Here are the demographics of the typical first time home buyer. Are you one of them?
If you’re renting, you’re essentially paying someone ELSE’s mortgage. When THEY sell the property, all of the rental payments you’ve been making will be in THEIR pocket, not yours.
Home ownership forces you to save money, in the form of equity in your home, rather than give it to someone else to save as their own equity.
Since you’re paying for housing whether you rent or own, you might as well be building your own equity!
Perhaps, the question is “Can you afford NOT to buy a house?”
I know it’s overwhelming to even think about making a big purchase like this. But if you’re on the fence, stop wondering what your budget is and get pre-approved!
You might be surprised to know that your credit can be less than stellar and you can still be approved for a mortgage!. You might also be surprised to know that you don’t need a huge down payment.
Then, visit our Mortgage Calculator to see how owning a home will fit into your budget!