In recognition of National Homeownership Month, we are reminding current and prospective homeowners of all the resources you have at FNB Community Bank that make financing easier and more affordable.
Your banker at FNB can be a great resource to help determine:
1. How much you can borrow and determine the appropriate loan products to suit your financial needs and budget considerations. Your community banker will review the mortgage process along with available mortgage programs and other loan features, including how long it will take to complete the process, so there aren’t any surprises.
2. How current mortgage rates, the loan amount, property taxes and insurance premiums translate into monthly mortgage payments. This will help you shop for a home that fits your budget and increase your prospects for success as an informed buyer.
3. Your rights and obligations under your mortgage contract. Today’s consumers have more avenues than ever to homeownership. Your community banker can help you read through and understand the fine print before signing on the dotted line.
4. Suitable government-sponsored programs. In addition to federal homeownership and home-buying assistance programs, there are a number of programs sponsored by your state, local government or other organizations that community banks can recommend to make homeownership more affordable.
Homeownership is the cornerstone of our nation’s economy. As a relationship lender, FNB Community Bank has a vested interest in our customers’ financial well-being and our community’s economic vitality. Creating a path to homeownership for local residents is an important step in establishing deep community ties, which will support future generations.