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Credit
Owning a home helps you establish financial credibility.
Independence
Owning your home provides you with independence and more privacy than renting. You are free to paint walls, plant flowers, keep pets, and anything else within legal bounds.
Investment
As you make more payments and own more of your home, you add to its investment value. Most improvements you make will also add to its value.
Pride
A home reflects its owners values and lifestyle. Owning a home can provide you with a source of pride, enjoyment and satisfaction.
Security
A home can provide security against inflation because the value of your home increases as prices go up.
Stability
Being established in a community provides a sense of belonging, stability and security.
Tax Advantages
Interest on your mortgage loan is deductible on your yearly personal income tax return. Many of the closing costs associated with purchasing your home are deductible, as are your property taxes.
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