Whether you are buying your first home, moving across town or refinancing, our Homebuyers Guide provides valuable information to help you prepare for the loan process so you know what to expect.
Owning your own home provides not only the satisfaction of purchasing a home, but allows you to completely customize and personalize your home to your liking, including painting walls and replacing flooring which could also potentially increase your home’s value.
Your monthly mortgage payments will include both principal and interest, with the principal portion going toward your personal equity in the home. If or when you decide to sell your home, the equity you have in your home can turn into profit if the value of your home is more than your remaining loan balance.
Many times your mortgage interest, property taxes and sometimes even closing costs can be tax deductible,* potentially allowing you to pay less income tax as a homeowner.
*This does not constitute tax advice. Please consult a tax advisor regarding your specific situation
As a homeowner, you’ll have access to our wide range of mortgage options that will help you predict your monthly mortgage payments versus being subject to annual rent increases you can’t necessarily always plan.
Contact Us:
Fairway Independent Mortgage Corporation
NMLS Entity ID# 2289
632 Pinecroft Dr.
Clayton, NC 27520
Phone: (919) 879-3040
Complaints May Be Directed To:
877-699-0353
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Legal Disclosure:
Copyright ©2022 Fairway Independent Mortgage Corporation. NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Opportunity.
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