First Time Home Buyer

Now is a great time to invest in your first home!

 

Buying your first Oregon homeThe initial step in considering buying your first home is to get pre-qualified and establish a budget. Vantage Mortgage Group’s loan specialists can help guide you through the loan process painlessly. There are some excellent loan options for first-time home buyers, including lower down payment options under both conventional and FHA financing.

5 Financial Reasons to Buy

Your mortgage options

Housing is the one leveraged investment available

Home ownership allows households to amplify any appreciation on the value of their homes by a leverage factor.

House savings

You’re paying for housing whether you own or rent

Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord.

Spending your savings

Owning is usually a form of “forced savings”

Having to make a housing payment one way or the other, owning a home can overcome people’s tendency to defer savings.

Oregon property taxes

There is substantial tax benefits to owning.

Homeowners are able to deduct mortgage interest and property taxes from income.

rising real estate Oregon

Owning is a hedge against inflation

Housing costs and rents have tended over time periods to go up at or higher than the rate of inflation, making owning an attractive proposition.

Start your journey to home ownership today by getting pre-approved

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Why Should You Work with Vantage Mortgage Group?

  • Vantage works exclusively for YOU without bank influence
  • Vantage has no consumer-paid origination fees and market-leading rates
  • Fast and efficient, on-time closings with excellent communication and rave reviews