3 Ways to Use Your Tax Refund To Buy A Home

Turn your tax refund into house keys!
Has saving for a home been your goal this year? There are several ways you can use your tax return to help with homebuying expenses.
According to Freddie Mac on Keeping Current Matters, here’s how you can utilize your refund to buy a home.
  1. Save for a down payment - one of the largest barriers in homeownership and your refund can help you reach that savings goal
  2. Pay for closing costs - this covers some of the payments you make at closing and are generally 2-5% of the total purchase price of the home.

  3. Lower your mortgage rate - Ask the lender about the option to buy down your rate. A great option to explore if you qualify.

Give us a call today and we can help you understand the homebuying process and how your refund could help you make homeownership a reality this year.

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