SIG I Mortgage and Financial Support
Buying a home is commonly the biggest investment that one can make. It helps to understand everything the process entails from finding your dream home to figuring out how to finance it. This is beneficial in making the process go more efficiently.
Some of the main reasons people choose to buy a home is for tax deductions, equity, and creative control. Homeowners are able to build equity in their homes as they pay off their mortgages. A portion of your monthly mortgage payment is applied to the prime balance of the loan, thus dropping the responsibility and building the equity. The longer one owns a home the more equity they can build. Owning a home allows you to deduct the cost of your mortgage loan interest from your income taxes which will save you money each year. Homeowners are also able to deduct the property taxes that are paid.
When buying a home one has to think about location, age, style, price, and size. We are here to help you find all of your desired wants and needs. SIG can also help you find the right loans for you to purchase your home including those who have had a history of bad credit and those that are single parents.