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Sunday, June 12, 2005
 
Loan with no money down, loan with low money down, loan with low payment down
WHY BUY A HOME?

Homeownership remains one of the highest goals for many people because of its many benefits. Along with owning your own home comes a sense of security and belonging that cannot be found elsewhere. For many, homeownership represents personal and financial success.

There is much personal satisfaction in living in a home that you own. A home is still a valued investment which can have many financial advantages and tax benefits. The amount of interest you pay on a home loan and the real estate taxes you pay on your home are among the few major federal tax deductions. Owning a home is the primary way most people build wealth.

Homeownership is also good for our communities, because families who own their homes are more involved in their local communities and participate in local events.

The rewards of homeownership:

* Personal satisfaction
* Sense of community
* Tax savings
* Stability for you and your family
* Investment in the future

 
Loan with no money down, loan with low money down, loan with low payment down
A consumer's guide to owning a home with less than three percent down.

If you're dreaming of buying a home, congratulations. You're in good company! Almost two-thirds of the nation's households own their own home.

This brochure describes how families can get into their own homes with little cash up front. It explains mortgage insurance and how it works, and looks at the two options -- private mortgage insurance and government mortgage insurance.


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