Stop Renting and Start Owning

Buying a home is often considered to be financially better than renting one over the long run. This is because your mortgage payments build equity in your home, which you will eventually own, while rent only goes toward the upkeep of your home and the pocket of your landlord.

That is just one reason buying is better than renting.  Here are some other benefits to buying vs renting:

Home Improvements 

You can do what you want with your property. Making home improvements will be your choice…from colors to paint the walls to light fixtures to types of floors, you won’t need permission from a landlord to make changes.

Tax Benefits

Tax deductions are a great perk of home ownership. Stable monthly payments. Rents can go up, but with a fixed-rate mortgage, your monthly payments won’t change.

Forced Savings

Renting might seem less expensive, but would you actually save the money you don’t spend on rent?  Since your mortgage payments are building equity in your own home, which you can later sell for profit, it’s like a forced savings.  

Female hands holding symbol of house with balloon and symbol of dollar on natural green background, Save money for prepare in future and Banking concept

Now that You Know the WHY, Let’s Answer the HOW

Common questions we can answer for you! 

‘What if my credit is really bad?’ 
‘What if I’ve never applied for a home loan before?’ 
‘Can I buy a home if I only have a little bit of money saved up right now?’ 

These plus other questions are some of the things we can help you with. 

Let’s get you some answers, we can have our financing team give you a call and find out a couple things for you, including:

  • If you qualify for any city/state programs
  • Your potential down payment
  • Mortgage interest rates
  • And most important… what your monthly mortgage would be

The bottom line is, if you’ve been thinking about buying a home in the New River Valley area, don’t wait!  Start investing your money in your own home vs that of a landlord today! 

It’s Time to Buy Your Dream Home

A wooden decal that reads 'Home Sweet Home' sitting on top of a table.

Let’s get started…all we would need is a good phone number and email for you!

Just give us a call today to learn more.

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