opening door to new home

Home Buyer

This program will provide down payment assistance, favorable interest rates, or tax incentives. 

Affordability and Budgeting: Determine how much you can afford to spend on a home by carefully evaluating your income, expenses, and financial goals. Use online mortgage calculators to estimate your monthly mortgage payments, including principal, interest, taxes, and insurance. Establishing a budget will help you narrow down your home search and avoid overextending yourself financially. 

Homeownership Costs: Apart from the mortgage payments, homeownership comes with additional expenses. Be prepared for costs such as property taxes, homeowner's insurance, utilities, maintenance, and repairs. Set aside funds in your budget to handle these ongoing expenses. 

Homeownership Education: Educate yourself about the homebuying process, mortgage options, and homeownership responsibilities. Attend workshops, seminars, or online courses specifically designed for first-time homebuyers. The more you know, the better equipped you will be to make informed decisions. 

Remember that purchasing a home is a significant financial commitment, and it's essential to be well-prepared and informed throughout the process.