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Steps to Home Ownership

If you are ready to go through the home buying experience, choosing the right Lender and Mortgage Loan Officer are very important. For most people, purchasing a home is the single largest investment they will ever make. HomeBanc has experienced, professional Mortgage Loan Officers to assist you in making your home buying experience a pleasant one.

Home ownership comes with many benefits ranging from the ability to deduct your annual mortgage interest and property tax payments on your personal tax return¹² to the ability to build wealth through your principal payments and the appreciation in the value of your home. In addition, while receiving these benefits you and your loved ones will receive the pride and stability that only owning your own home can provide.

On the other hand, before purchasing your own home you should carefully consider the additional responsibilities which accompany home ownership such as property taxes, home owner's insurance and periodic repairs and maintenance needed to preserve the value of your home.

If you decide that home ownership is right for you there are nine basic steps to home ownership you need to be aware of:

1. Make the decision to buy.
2. Choose professional guidance for your financial home buying experience, including an experienced Mortgage Loan Officer.
3. Pre-qualify for a loan to determine how much you can afford.
4. Know your market. An experienced realtor is your best choice.
5. Find your dream home. Look at the houses that meet your needs.
6. The negotiation of the deal. Again, an experienced realtor can help you negotiate the price of your house.
7. Complete the loan process. HomeBanc's experienced Mortgage Loan Officers can help make this process a smooth one.
8. Close the deal.
9. Move into your dream home.

Once you have made the decision to purchase a home, we hope you will contact one of our many experienced, professional Mortgage Loan Officers who will help you with the loan that is best for your needs, and guide you through the entire mortgage loan process. Just click on the "Find a Mortgage Loan Officer" button and you are on your way!