June 2017

Paramus Mortgage | Buying – The Cheaper Option

Paramus Mortgage | Buying – The Cheaper Option

Many people are under the impression that renting a home will be the cheapest way to afford their living arrangements.

At Get A Rate, we want you to know that is not always the case.

In fact, it is usually the opposite!

More times than not, buying your home is, in fact, the more affordable option.

While there may be more up-front costs associated with purchasing a home, we provide comfortable options for every financial situation and can work with you to get you a monthly mortgage payment that is lower than what you would be paying each month to rent.

The state of New Jersey is close to the top of a list of states where the average rent is higher than the average mortgage payment – You could save nearly $500 a month with a Paramus mortgage!

With mortgage interest rates remaining at historical lows, the real estate market is becoming increasingly competitive. It is now more important than ever to work with a professional when it comes to your homeownership goals.

At Get A Rate, we are here to help you every step of the way, from securing the low, low rates, to getting you pre-approved so you can improve your bargaining power with sellers, we know what needs to be done to accomplish your dreams of homeownership, and we are determined to help you succeed.

We know that purchasing a home is a huge decision, especially when compared to renting a home because there is a lot more involved in the process.

We don’t take any of your financial decisions lightly and we are dedicated to keeping your best interests as a top priority to help you determine the best home loan options for your situation.

If you are interested in finding out more about the difference between renting and buying, and how purchasing a home could save you money, give us a call today. We look forward to answering your Paramus mortgage questions and helping you with your dream of homeownership!

Source: http://www.prnewswire.com/news-releases/the-cost-of-renting-vs-owning-a-home-in-every-state-300299208.html

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