Build wealth
Homeownership is a proven way to build long-term wealth. Over time, your home will appreciate in value—and your monthly payments will be going toward your investment, not your landlord’s.
Use our rent accumulation tool to see how much you've spent on rent payments that you could be putting toward your future instead.
Make predictable payments
When you have a fixed monthly housing payment, you’ll never be surprised with sudden rent hikes. Knowing that your monthly payments won’t change, you’ll be better able to budget for your future.
Use our mortgage calculator to estimate your monthly mortgage payment, based on your down payment, home purchase price and interest rate.
Save on taxes
Did you know that some costs associated with homeownership are tax deductible? This allows you to keep more money in your pocket.
Some of the homeownership costs that you can deduct from your taxes include home mortgage interest payments, mortgage points and interest payments on home equity lines of credit.
Personalize your space
Got a passion for purple? As a homeowner, you can paint your walls whatever color you’d like! When you own your own home, you are free to decorate the interior any way you'd like.
Of course, when it comes to your home's exterior, be sure to check with your homeowners association (HOA) to ensure that you are compliance with neighborhood standards.
Adopt a pet
If you own a single-family home or pet-friendly condo, your furry friends will always be welcome. If you're looking for a townhome or condo, be sure to review the condo documents carefully to ensure that your four-legged friend will be welcome. Some condos allow both dogs and cats, and others allow only one or the other. Some condos will have limits on the number of pets or the size of pets.
