Renting a home is not always the end goal for a lot of people. While renting is convenient and easy, buying your OWN home is something special! While there is no pressure on exactly when to buy a home, take this time to save up for a down payment. Waiting and taking your time to save up enough money for a down payment will help with financial and mental stress by making sure that you can put a sizeable down payment on your home, buy new furniture and still pay your bills on time!
Here are some tips on saving for a down payment on a home:
Saving for a down payment on a home takes commitment. It is not easy and will take a year or more to grow a decent savings. Because you work so hard on your savings, the last thing you want to do is make a detrimental financial decision. Choosing the right, experienced real estate agent and financial establishment will help you along this whole process. Your home is not just your home, it is also your largest financial investment!
UPDATE: For the safety of our members and employees we have closed our lobbies. Our drive thru facilities remain open for your transactions. Please call us at 784-9480 to discuss your loan needs or to set up an appointment to close your loan or open a membership. You can also apply for a loan thru on-line banking.Thank you for your understanding. -Firefighters Credit Union
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