Posted On: May 30, 2023 by F & M Community Bank in: Inside F & M
June is National Homeownership Month
In recognition of National Homeownership Month, F & M Community Bank, and the Independent Community Bankers of America (ICBA) are encouraging current and prospective homeowners to consult their trusted lo
cal community banker about how to make the home buying process easier and more affordable.
“Owning a home is a major financial undertaking and can be an important component in building generational wealth,” said Jayne Johnston, VP Mortgage Banking at F & M Community Bank. “We want to make what is often believed to be a complex process as effortless as possible and we can walk you through what to expect so you can assess your needs and find the best options to finance a home of your own.”
Whether you are refinancing or purchasing your home, the mortgage lenders at F & M Community Bank can help you determine:
- The ideal loan amount and loan options to meet your budget considerations. We can review the mortgage process in detail and discuss ideal loan programs and loan features.
- How mortgage rates, the loan amount, property taxes and insurance premiums affect payments. This will help you set a home budget to help you manage your homeownership expenses.
- Your rights and obligations under your mortgage contract. Today’s consumers have many financing options – each with unique features and rules.
- Suitable government-sponsored programs.
- Additional resources to help you create a budget and set financial targets.
“For many Americans, homeownership helps establish community ties, create financial stability, and build a nest egg in your golden years,” said ICBA President and CEO Rebeca Romero Rainey. “As relationship lenders, your local community bank can provide a lending hand to help shepherd you throughout the process and improve your outlook as an informed buyer.”
For more information on how F & M Community Bank can support your homeownership needs, visit us at Home Loans - Mortgages & Home Equity | F & M Community Bank (fmcommunity.com).
