The Independent Community Bankers of America® (ICBA)and First Community Bank (FCB) of East Tennessee, in recognition of National Homeownership Month in June, are reminding current and prospective homeowners of community bank resources that make financing easier and more affordable.
“For most people, buying a home is an investment in their future and a foundation upon which to establish community ties and amass financial security,” said Todd Brown, VP of Retail Lending at FCB. “As your trusted financial advisor, we’re here to help you navigate the process and select the proper financing that works best for you and your family.”
Whether you’re purchasing your first or forever home, FCB can help you determine:
- The ideal loan amount and products to meet your financial needs and budget considerations. We can help you review the mortgage process and available mortgage programs and loan features, so there aren’t any surprises.
- How mortgage rates, the loan amount, property taxes and insurance premiums affect 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.
- Your rights and obligations under your mortgage contract. Today’s consumers have more avenues than ever to homeownership. We will help you understand the fine print before you commit.
- Additional resources to help you create a budget and set financial targets. Free online educational tools can also be found at www.hud.gov.
“For many Americans, homeownership represents an opportunity to help build wealth and secure their financial future,” said ICBA President and CEO Rebeca Romero Rainey. “As relationship lenders, your local community bank is here to provide guidance and support throughout the mortgage loan process.”
To learn more, contact a First Community Bank lender today.