Homeownership Benefits

Home Ownership Matters

Why does home ownership matter? Here are a few reasons to consider taking the leap from renting to home ownership:

JOBS &  ECONOMY

  • For every two homes sold one job is created in the United States.
  • According to the National Association of Realtors, home sales in this country generate more than 2.5 million private section jobs in an average year.
  • According to the National Association of Realtors – housing accounts for 15% of GDP, making it a key driver in our national economy
  • Every home purchase pumps up to $60,000 into the economy over time for home improvements, furniture, etc.

TAX INCENTIVE

  • Your mortgage interest is currently tax deductible
  • In many cases, interest accrued on home equity lines of credit is also deductible

OTHER BENEFITS – According to HouseLogic and the National Association of Realtors, home ownership tends to provide these additional benefits:

  • Higher academic achievement
  • More cohesive communities
  • Better connected families
  • Improved health and safety

Click here for a more comprehensive list of Social Benefits of Home Ownership and Stable Housing.

To get pre-approved for your mortgage and experience the dream of home-ownership, please contact an Inlanta Mortgage Loan Consultant at 239-936-4232!

Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is fully delegated HUD-FHA including FHA 203K, VA, and USDA approved. Inlanta Mortgage also offers numerous state bond agency programs.

Inlanta Mortgage is a multi-state mortgage banker based out of Brookfield, Wisconsin. NMLS# 1016.

This article provides general information about tax decutions,  but shouldn’t be relied upon as tax or legal advice applicable to particular  transactions or circumstances. Consult a tax professional for such advice; tax  laws may vary by jurisdiction.

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About Best Florida Mortgage Company! Jim Marcinkowski

Mission Statement Our mission is to be the home financing partner that you trust to serve your family, friends and community. Through our family of dedicated mortgage professionals, our commitment is to deliver an exceptional experience. Our unwavering dedication to integrity, honesty and ethics is the foundation of all of our relationships. NMLS 182565, NMLS 1016
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