With the summer real estate season upon us, many Americans are considering purchasing a home over the next few months. The total mortgage originations market is estimated to be around $1.2 trillion in 2015. With that in mind, the Independent Community Bankers of America® (ICBA) and First National Bank are on hand to help homebuyers navigate the mortgage process.
“Buying a home is likely the biggest purchase anyone will make, and community bankers are an excellent resource to help guide consumers through the process,” said ICBA Chairman Jack Hartings, president and CEO of The Peoples Bank Co., of Coldwater, Ohio. “With new mortgage rules and regulations in place, community bankers are available to help potential homebuyers by providing accurate and well-informed information. Community bankers across the country can help their neighbors in their local community find mortgages that fit their financial needs, budgets and lifestyles.”
ICBA and FNB offer the following eight suggestions for perspective first-time homebuyers:
“There are plenty of steps that need to be completed to ensure the mortgage finance process goes smoothly and community banks are on hand to help with this,” said FNB President Larry Ziglar. “We take pride in helping our customers determine the most affordable mortgage options available and can provide additional financial guidance if needed.”
Talk to one of our lenders today to discuss your options.