Buying A Home VS Renting

Buying a home is an investment. When you rent, you write a monthly check and thatmoney is gone forever. With The Federal Savings Bank you can build equity, take advantageof tax benefits, protect yourself against rent increases, and possibly watch the value of yourhome increase over the years.

If you are in the market to owning your first home, The Federal Savings Bank has experiencedBankers who specialize in first-time home buying. We take the time to educate first-timehome buyers on all aspects of purchasing their first home.

Advantages to Buying:
  • Property builds equity and value over time
  • Mortgage payment is static, rent payments increase annually
  • Sense of community, stability,and security - You own a home
  • Not dependent on landlord to maintain property
  • Can take advantage of tax benefits for interest payment
 

Buying A Home VS Renting

Get Your Mortgage Questions Answered

Get Your Mortgage Questions Answered

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Jim Pomposelli - Federal Savings Bank

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