Top 4 Benefits of Home Ownership - Fairway New England

Are you considering buying a home in the near future?

Owning a home is an exciting investment, and comes with many potential benefits.

Build Equity
Purchasing a home is an investment in yourself. Your monthly mortgage payments will include both principal and interest, with the principal portion going toward your personal equity in your home. If and when you decide to sell your home, the equity you’ve invested can turn into profit if the value of your home is more than your remaining loan balance.

Stable Payments
At Fairway, we offer a wide range of mortgage options to fit your unique needs, so you can predict what your monthly mortgage payments will be for years to come, versus being subject to annual rent increases.

Tax Benefits
Homeowners have access to several tax benefits. Depending on your current situation, you may be able to deduct mortgage interest, property taxes and sometimes even closing costs on your taxes – saving you money!

Freedom & Flexibility
Owning your own home allows you to completely customize and personalize your home to your liking. From painting walls to major renovations, you are free to design your dream home!

Fairway Independent Mortgage Corporation is here to help you achieve the dream of home-ownership, and will provide you with exceptional service and guidance along the way! Contact a Fairway loan officer today to get started.