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Boca Raton Branch

We have brought the nations best Preferred Community Based Lender to South Florida!  We hope you can find everything you need throughout our site. Richard and his team at Land Home Financial Services of Boca Raton are focused on providing high-quality mortgage lending services and customer satisfaction – we will do everything we can to meet your expectations.Boynton Beach land home financial

With a variety of offerings to choose from, we’re sure you’ll be happy working with us. Look around our website and if you have any comments or questions, please feel free to contact us. We recognize that there is no “one size fits all” home loan solution for customers. Our experienced mortgage loan officers constantly strive to match you and your family with the single, ideal product for your particular circumstances. Whether you’re in the market for a starter home or your long-term dream house, we have the products and services to make either a reality.

We are a direct mortgage lender with licensing in all 50 states.  What does that mean for you? Better rates and better closing costs.  We have removed the middle man making our access to funds, direct.  In addition, we have a full broker channel for those unique products that don’t fit our direct banking channel.  With that flexibility, we truly have the best of both worlds.  We stand by our commitment that if we cannot get you financed, you will be hard pressed finding better financing alternatives than us!

 


2019 Current Real Estate Trends

Okay, 2018 was quite the tease in the housing market. The year started out hot, only to taper off halfway through. But plenty of Americans still traded their For Sale signs for Sold ones, and they’ll usher in the new year from the comfort of their new homes. So will 2019 bring more of the same results? How will the housing market shake out in the current economic climate?

Whether you’re selling your home, buying or staying at your current home, here are the 2019 home real estate trends you need to know!

#1: Home Prices Are Rising Slowly

Unless you’ve been living under a rock, you’ve heard that during the course of 2017 and early 2018, home prices made a giant 10% jump. Wow! This year, however, may be a different story. Home prices are estimated to rise in 2019, but at a much slower pace, and the number of homes for sale is expected to increase by a mere 1%.

What’s the reason? Well, part of the slowdown is due to increased mortgage interest rates and another part is because of overall economic uncertainty. That combination is enough to discourage many buyers who are on the fence about purchasing a home.

Find expert agents to help you buy your home.

But there are still eager buyers in the market, and many of them are looking for newly built homes. In fact, new home construction is projected to increase by 8% in 2019. That’s the good news. Here’s the bad news: There just aren’t enough new homes to go around in some areas. Plus, construction companies also don’t have the manpower to keep up with demand.

What’s the bottom line? Expect the new construction that is available to go for a higher price.

What Higher Prices Mean for Sellers

A nice profit may be on the horizon! The number of homes sold next year is still expected to rise, even if it’s at a slow pace. That’s great news for sellers! But keep in mind that a lot of buyers are being priced out of the market, which could lead to fewer offers for your home.

So what should you do about this? Be aware of your competition. With less offers to go around, you want your home to really stand out from similar ones in your area. Prepare your home for potential home buyers and work with a real estate agent to help you list your home at the right price.

And be sure to wait for the right offer. Some buyers may try to gut punch you with a low number. If you aren’t in a hurry to move, wait for an offer that gives you the most profit. Remember, the less desperate person always has the upper hand when negotiating!

What Higher Prices Mean for Buyers

If you’re going to buy a home in this expensive market, you absolutely must find out how much house you can really afford.

Commit to staying within that budget amount. Don’t rush into a home purchase that doesn’t make financial sense for you no matter how much pressure you feel watching competitors pluck good homes off the market. You could screw up your finances!

A down payment that’s less than 10% could strangle your budget with massive monthly mortgage payments. But if you want to get prepared to buy and you’re committed to your budget, here are some options to consider:

  • Keep saving. If you stay patient and motivated, you can save for a 5-figure down payment by next year.
  • Sacrifice some wants. If you can’t afford to buy the house you want, be willing to give up some “nice-to-haves” for your “must-haves.” Find the least expensive home in the best neighborhood you can afford and you can upgrade as your income and savings increase over time.
  • Expand your search. What if the location where you’re planning to buy is what’s busting your budget? You might be surprised at the gem you can find in a less popular neighborhood.

Buying a home can be stressful, there are many “homebuyer guides” that can help you streamline the process! It’ll help you think through all the important parts so you can rest easy when your dream home is officially yours.

#2: Mortgage Interest Rates Are on the Rise

Mortgage interest rates are on the rise after years of being at a standstill. Interest rates are projected to increase to an average of 5% for a 30-year mortgage and 4.4% for a 15-year mortgage.

It’s been seven years since mortgage rates were this high. But despite grumblings, that doesn’t mean the economy is in trouble. It actually means the opposite! To help stabilize the strong economy and rising inflation during the past few years, the Federal Reserve increased short-term interest rates. It’s somewhat natural to see a trickle-down effect to the bank level like what we’re seeing now with mortgage interest rates.

The increase basically means more people are willing to spend and borrow. Still, expect things to be a little different next year as buyers and sellers adjust to these changes.

What Higher Mortgage Interest Rates Mean for Sellers

In a nutshell, plan for your house to be on the market a little longer and prepare to possibly receive fewer offers. A mortgage is a big commitment, and adding higher interest rates to the mix will make many buyers pause. Partner with a relator who understands the current market. They’ll help you set expectations for how much you can make, and how long you’ll have to wait for the right offer.

What Higher Mortgage Interest Rates Mean for Buyers

Even though mortgage interest rates are the highest they’ve been in a while, they’re still relatively low. If you’re not buying with cash, be smart and go for a conventional 15-year fixed-rate mortgage. That way, you know exactly what your payment will be over the life of the loan.

#3: The Majority of Home Buyers Are Millennials

Move aside, baby boomers and Gen Xers! Guess who’s taking the over the homeowner leaderboard? Yep, you better believe it. Millennials are busting out all over. They’re getting older and finding stable careers. Their household income has increased to $88,200, and they’re looking to buy their first homes in middle and upper-middle class neighborhoods.

This works out perfectly for them as more baby boomers are retiring and downsizing. Next year, millennials will lead the way in number of mortgages, accounting for 45% of the market. They’ll be followed by Gen Xers at 37% and baby boomers at 17%.

In 2019, millennials will lead the way in number of mortgages, accounting for 45% of the market. They’ll be followed by Gen Xers at 37% and baby boomers at 17%.

What More Millennial Home Buyers Means for Sellers

Here are three important words: Know your buyer. Millennials are internet savvy and do their research before house shopping. They look for:

  • Easy online shopping. The home search starts online for millennials, so you need to make the best possible impression on the internet. Make sure you invest in high quality photos, and, for extra measure, consider using a drone to take aerial video footage.
  • Quality over size. Yes, square footage matters. But millennials are more concerned about how sustainable and usable each space is. Get rid of your junk so they can visualize a bright future in your home without your stuff there.
  • Location. A lot of millennials are looking for homes that offer big city life at a more affordable cost of living. If your home is in a walkable area with access to public transit, expect millennials to come knocking at your door.
  • Low-maintenance lifestyle. Millennials are used to living in the age of high-tech advances and Amazon Prime. They’re looking for energy-efficient homes with smart appliances. If you don’t have them, they’ll look elsewhere or lower their offer so they can upgrade after they buy.

What More Millennial Home Buyers Means for Buyers

Okay, if you’re looking for a three-bedroom, single-family home in the suburbs, expect to have a lot of competition. You may have to reprioritize what you want in a dream home. Follow these tips:

  • Know what you want. Decide what you absolutely need in a home. If you’re married and house hunting, you and your spouse need to agree on must-haves. Compare your individual lists and combine them for your real estate agent to use as the foundation of your home search.
  • Write a letter. Sending a personal story to your seller might be just the thing that makes you stand out from similar offers.
  • Hire an experienced pro. Last year, 90% of millennial home buyers used real estate agents to purchase their homes. Think they’re onto something? You bet! Don’t try to buy on your own.

What If I’m Not Buying or Selling a Home This Year?

You may be thinking, All this is great, but I’m not going anywhere anytime soon. We hear you, and here’s what you should know for now:

1. Equity will likely continue to increase by 2–6% each year until 2020.

With most housing markets at low risk for a downturn, last years Housing and Mortgage Market Review estimated home prices will continue to rise for the next couple of years, with annual increases of 2–6%. Who-hoo for sellers! If you sell your house before 2020, you’ll likely still make a great profit.

2. From what we can see, the real estate market is not going to crash.

With such fast-rising mortgage interest rates, some are wondering if the housing market could collapse again. Well, it’s impossible to know for sure, but a number of factors indicate a housing crash is not in the foreseeable future and the economy is still strong. Here are some indicators:

  • People are spending money.
  • There’s a low unemployment rate and new career opportunities..
  • Millennials want to buy.
  • Taxes are lower.

3. Regardless of your neighborhood, buyers are interested.

Even though buyers in 2019 may be more selective, determined ones might be willing to consider neighborhoods that don’t have easy access to highways or aren’t in close proximity to a big city. If you think you live in an unpopular neighborhood or believe your home isn’t what buyers are looking for, think again. Now may be your perfect time to sell.


The Power Purchase Program

The Power to Purchase

Power Purchase Program:

Power Purchase owning a home

 

LHFS is launching our personalized Power Purchase Program that is competitively priced conventional loan program that requires only a 1% down payment from the homebuyer. Combined with a 2 % Power Purchase grant, the 3% combined equity results with a 97% eligible conforming loan. This program is available for both 1st time homebuyers and repeat homeowner buyers on their primary residence. Refinance transactions are not eligible.

 

First mortgage must meet FHLMC Home Possible Advantage eligibility. Effective 10.01.2017 the 2% Grant funds will be provided by a Non-Profit agency vs. the LHFS Funding It Forward. To be aware of: Conforming loan amounts only, no manual underwriting allowed, manufactured Housing is not allowed, additional subordinate financing not allowed, LTV 97.00%/CLTV 97.00% only, 100% AMI Income Limit Cap and a benefit of having Mortgage Insurance that is lower than 25% coverage cost vs. standard 30% on a 97% LTV!

Power Purchase Program Land Home Financial

* Score over 720 will have a lower MI factor vs. Government products
* Score 620-719, please refer to the MI quote for monthly factor

 

Power Purchase Program Manufactured Housing

modular-homes

LHFS is launching our personalized Power Purchase Program for Manufactured Housing that is competitively priced conventional loan program that requires only a 5% down payment from the homebuyer. Combined with a 2 % Power Purchase gift, the 5% combined equity results with a 95% eligible conforming loan. This program is available for both 1st time homebuyers and repeat homeowner buyers on their primary residence. Refinance transactions are not eligible.

 

 

 

Features:
• First mortgage must meet FHLMC Home Possible eligibility
• Conforming loan amounts only
• No Manual Underwriting allowed
• 3% minimum borrower cash investment requirement, Appraised value or Sales Price, whichever is lower
• 2% NHF 2% Grant contribution is in the form of a Grant, no repayment required
• Additional subordinate financing not allowed, LTV 95.00%/CLTV 95.00% only • 100% AMI Income Limit Cap

*Please note all percentages and statements are subject to change based on regulations that may arise. The use of hypothetical, predictive, and current statements, by Land Home Financial Services are meant to illustrate current operation standard


Florida Real Estate 2019 Snapshot

Housing Forecast for 2019

In its U.S. economic and housing market outlook for 2019, CoreLogic economists forecast growth in home prices to drop by one percentage point as higher interest rates impact the mortgage market, homeowners have an incentive to retain their current low-rate mortgages and new listings. But Florida’s housing market is projected to do very well next year.

Digging into Design in South Florida

In the last cycle, the Miami-Fort Lauderdale real estate market has given rise to audacious and groundbreaking architecture. Looking to outdo their peers and competitors, some local developers have enlisted the services of global A-list building designers. Even mundane commercial projects such as parking garages and train depots are now getting artistic treatments, making them signature structures in South Florida.

8th Highest Home Vacancy in the Nation

The number of vacant homes in Florida was more than 144,000 in the third quarter of the year, a 3 percent decrease over what it was a year ago, according to new real estate numbers reported by ATTOM Data Solutions. Florida had the eighth highest home vacancy rate among the 50 states and District of Columbia in the analysis.

Let’s Talk Central Florida

In Central Florida the “mixed message” of South Florida is echoed. On the one hand, commercial projects and residential housing starts are reacting to the $10 billion-plus in infrastructure projects underway in this region. In
downtown Orlando alone, there is more than 1 million additional square feet of construction underway. As for single-family and multifamily housing developments, the third-quarter of 2018 saw an increase of housing starts of 15% over third-quarter 2017. But, this may end in a pricing fiasco like the Miami luxury market suffers from in 2019 if oversupply becomes an issue.

Across other areas of Florida we find more ups than downs. For instance, in Escambia County in the panhandle prices in 2018 went up as low inventory peaked demand and a pricing war. Santa Rosa County saw a similar situation accentuated by sluggish housing starts. This HUD report reveals the situation for Pensacola and surrounds. In Tampa a downtown rejuvenation project promises to lift the city, and an overall lack of residential inventory, the wider region a bright spot for the overall Florida market.

The Verdict for Florida 2019

The verdict for Florida in 2019 seems to be stagnant growth, all aspects considered. Fears of recession and the sluggish stock market further hamper luxury and upscale residential sectors, and oversupply in an already crowded state do nothing but worsen the situation. Pending housing sales in places like Sarasota are key indicators for me. Northeast Florida seems like a bright spot in the overall outlook as new property comes on the market that was previously locked up, and since eCommerce has created a demand for distribution projects.

Overall, Florida will follow the blueprint predicted by Mansion Global, succumbing to the reality of the “vanishing home buyer.” The state won’t see a great house buying recession exactly, but the state will become a massive buyer’s market. There was just too much speculation from 2016 onwards. Losses for so many projects are going to hit a lot of people, this is the bottom line.


Corporate Community Lending Program

Corporate Community Lending Program

Land Home Financial's Corporate Community Lending Program

Land Home Financial Services, Inc was founded on helping stabilize families and companies by providing unmatched specialized lending services. As a Direct Community Seller & Servicer of lending products we have opportunities to create and serve companies with our Corporate Community Lending Program.

Set Your Business Apart

Provide you employees with this exclusive program and receive these benefits:

  • Customized Branded Landing Page for your website
  • Dedicated Phone Line and Email for timely and personalized customer service
  • Reduced Lender Fees for your employees
  • Homebuyer Education and Preparation Services
  • Down Payment Assistance Programs

 

Land Home Financial's Promise to Serve Corporations

 

Your Company’s Unique Value Proposition

Research shows that employees who work for companies that provide programs that assist in the education and facilitation of homeownership, experience:

  • Greater Workplace Satisfaction
  • Fewer Sick & Personal days
  • Overall improved Mental & Physical well-being
  • Sense of Community
  • Financial Security

This means less doctor’s visits & lower healthcare costs – for YOU, the Employer!

 

Corporate Benefits Package

Land Home Financial Service for Your Employees

Home Ownership with Land Home FinancialCommunity INSPIRED – Community FOCUSED – Community DRIVEN

 

We are proud to become your Corporate Community Lending Partner. Contact our office TODAY – see how easy it is to GET STARTED!


Land Home as Your Preferred Builder Lender

Land Home – Your “Preferred Lender”

  • What we found working with many other builders is that they usually have their own lender and then a list of three preferred lenders to choose from if their in-house lender cannot approve them they select from the Alternative List. The problem we see is that list of three alternative lenders all do the same thing and in most cases the same the in house lender? That’s where we come in – we’re different and unique as you see below from most lenders!
  • Our company is a “Direct Seller Servicer” with Fanny, Freddy and Ginny and we service 90% of all our loans which means the customer stays with us and submits their payments to us directly. This allows us to make approvals on “make sense loans” instead or corresponding to another lender and following their guidelines because the loan is being sold to another lender.
  • We have no Overlays – when we pre-approve a Borrower, we follow the agency guidelines exactly to what the Automated Underwriting System approves and tells us.
  • Because we are a direct lender, our pricing is the top 4% of all lenders in our market.
  • We are a true Community Based Lender – which means we offer all the Down Payment Assistance programs for buyers that need them and we even offer own in House DPA program which gives 5% of the sale towards down payment and closing cost as a true gift no lien and no payback on purchase price up to $417,000.00 with a minimum 620 credit score.

Review the Comparisons and You’ll See Just “WHY” we are Better for You as a Builder

  • (LHFS) No minimum credit scores on Conventional – (MOST LENDERS) Do not go below 640 some 620
  • (LHFS) Minimum credit score on FHA 580 – (MOST LENDERS) Minimum credit score of 620 – some 640
  • (LHFS) Income ratios up to 57% with AUS approval – (MOST LENDERS) Income ratios up to 50% – some 55%
  • (LHFS) We do not require Tax returns on W2 Borrower – (MOST LENDERS) Require Tax returns regardless
  • (LHFS) We allow Commission, Overtime & Bonus Income after 1 full year of client receiving them – (MOST LENDERS) Want 2 years of history to be qualified and allowed
  • (LHFS) We do not deduct 2106 Expenses on W2 Borrowers that do not receive Commission or Bonuses – (MOST LENDERS) Deduct the 2106 Business expenses against the Borrowers income
  • (LHFS) We allow part-time Job after 1 full year – (MOST LENDERS) Want 2 years of history
  • (LHFS) Conventional Loans: if the Borrower has 10 payments or less on revolving accounts and Installment accounts we do not count the debt – (MOST LENDERS) Only allow installment debt – not revolving
  • (LHFS) We allow revolving accounts to be paid down to zero and not close the account – (MOST LENDERS) Require the account to be closed
  • (LHFS) We do not require disputed accounts to be removed from the credit report; which will lower the credit score (MOST LENDERS) Require the disputed accounts  to be removed

Additionally, we have a about a 70% conversion rate on “turn downs” from already built homes from the following builders: Lennar, Pulti, Park Square, KB Homes, DR Horton, Snow Construction, Meritage, Minto & Toll Brothers and am very confident we can do the same with your organization.

*Please note all percentages and statements are subject to change based on regulations that may arise. The use of hypothetical, predictive, and current statements, by Land Home Financial Services are meant to illustrate current operation standards.


Welcome to Land Home Financial

Your Preferred Direct Community Lender

Since 1988, Land Home Financial has been serving communities nationwide with honesty, expertise, and a personal touch.

We provide diversified funding options and consistent, superior, personalized service to our clients and partners, including: homebuyers, mortgage brokers, builders, manufactured and modular home retailers, and real estate agents.

Get Qualified with Land Home Financial

Have a look at a just a few of the reasons that more and more Americans are choosing Land Home Financial Services:

Land Home Financial - Get Qualified

Whether you are looking to purchase a home, refinance your current mortgage, or get a reverse mortgage, our expert Loan Originators here at Land Home Financial can walk you through the process in-person or over the phone.

Success comes from Great People

Our goal is to create and maintain an environment where employees can contribute creative ideas, seek challenges, assume leadership roles, and continue to focus on meeting and exceeding both business and personal objectives. To grow, we find it essential to provide each associate on-the-job development, supplemented with suitable training as necessary.


Single-Family, Townhome or Condominium?

Which Home Style fits You?

Whether you’re first-time home buyer, downsizer, upgrader or simply just trying to picture your life owning your own space, we’ve broken it down to give you positives and negatives to owning each style of dwelling.

Single Family Home

Owning a home can offer a variety of positives as well as considerations based on your goals and desires as a person, couple or growing family. Certainly a single-family offers more space for families that are growing. In addition, homes tend to be a better investment vehicle with generally a higher demand and freedom to build, expand and renovate as needed. Land Home Financial Single-Family Home

Considerations to owning a single-family home versus a townhome or condominium usually mount up in cost to maintain. Owners are typically responsible for all maintenance.

Condominium

Usually less expensive by equal comparison to a single-family home as the building maintenance is managed by the homeowner’s association for a monthly fee. These costs go to lawn maintenance, the common areas including the gym, pool, mail center, security gates and general property care. Land Home Financial Condominium

Considerations to owning a condominium would be that there is less space for growing families yet may be ideal for singles or couples as well a few others. They are generally a weaker investment than a home and harder to differentiate with less options in expansion and renovation.

 

Townhome

Owning a townhome generally can be less expensive than a single-family home due to the maintenance being offset through the association fees as well as minimal yard and garden spaces to maintain. Land Home Financial Townhouse

A townhome is a weaker investment compared to a home yet stronger than a condominium. Also, you have fewer neighbors as well as more property to enjoy. The same considerations with expansion and renovation apply when choosing a townhome over a single-family home.

Final Words

Life’s filled with endless opportunities such as travel, study, flatting, social events, must-have retail products, thoughts of marriage and possible children.

Home ownership is often the afterthought, in a series of decisions that ultimately affects our financial position and timing in acquiring our own piece of turf.

If you aren’t lucky to have your parents fund your travels or university, there are choices to be made: do you work and save for a house? Or do you travel? Or do you study then work and save for a house? Or do you get married and have children then work and save for a house?

The end result is that there is always going to be a sacrifice along the way. So if home ownership is your ultimate goal, something is going to have to take the back seat.

 


6 Tips for Hosting Thanksgiving

Host Like a Champ!

FB_Thanksgiving_leaves_2018Whether it is your first time hosting or you are a Turkey-serving veteran, Land Home Deerfield Beach realizes hosting a Thanksgiving dinner can be a lot of work. However, if you keep organized, hosting Thanksgiving in your home can be a wonderful experience, full of happy memories.

1. Never turn down help.

Land Home can help you with home buyingThe beauty of Thanksgiving is friends and family coming together. There is no reason for you to be in the kitchen by yourself! Divide and conquer. Don’t be afraid to delegate those side dishes. It will make the day all the more memorable having everyone be a part of the process.

2. Prep!

Avoid those “When will the food be ready?” questions by planning your menu ahead of time. There may even be a few dishes you could make the night before. If not, look for ways to cut down on prep time early like peeling the potatoes, chopping the vegetables, or toasting the nuts.

And don’t forget the place settings! You can also prep the non-food tasks beforehand. Set your table the night before to eliminate one more task the day of.

3. Stick to what works.

Land Home First Time home buyer helpThanksgiving is all about the classics so it may not be the best time to experiment with a new recipe. If you want to spice up the menu, try a practice round a week or two before to work out the kinks.

4. Don’t stress over appetizers.

Fancy appetizers can be overkill—you don’t want your guests getting full before dinner!  Some crudités or store-bought cheese and crackers are perfect for your guests to nibble on before the main event.

5. Store bought is okay!

Making everything from scratch is a wonderful gesture but it is usually too much work for one person. If you haven’t delegated a few things to some guests, don’t be afraid to buy freshly baked rolls or a pie from your favorite bakery.

6. Enjoy the company of your family and friends!

Land Home Financial Helping families celebrateAt the end of the day, Thanksgiving is about being thankful. Be sure to take a moment to relax and enjoy sharing a meal with those you love. Down the road, your guests will remember the laughs and the stories much more than they will remember the meal.

We hope that our tips on hosting a memorable Thanksgiving in your home have helped you, Happy Thanksgiving from all of us here at Land Home Financial Services, Inc.


We’ll Take the Loss for You

We Lost for You to Gain

Nonbanks lost money originating mortgages so far this year, as per-loan profitability plunged into negative territory for just the second time in a decade, the Mortgage Bankers Association (MBA) recently reported. Regardless, we are here to see you to get into your dream home!

Nonbanks reported a net loss of $118 per loan, down from a gain of $237 in the fourth quarter, the trade group said. The cause of this year’s loss was lower mortgage volume.Land Home Financial Home Loans

In the first quarter of 2018, falling volume drove net production profitability into the red for only the second time since the inception of our report in the third quarter of 2008,” said Marina Walsh, MBA’s vice president of industry analysis.

 

“While production revenues per loan actually increased in the first quarter, we also reached a study-high for total production expenses at $8,957 per loan, as volume dropped.”

Being a Direct Lender Allows us the Servicing

Walsh said the losses were somewhat offset by increased servicing revenue.

Overall production expenses rose into new record territory. Total expenses increased by $482 per loan over the quarter to $8,857 per loan. Production expenses per loan were $2,733 higher in the first quarter of this year than the long-run average expense of $6,224 going back to 2008, the trade group said.

Driven by a sharp drop in rate-term refinancing activity, MBA is forecasting that overall mortgage volume will end the year down this year, clocking in at around $1.6 trillion, which is down about 6 percent from 2017.

Mortgage Application Volume

On a positive hopeful note, home-purchase loan volume is anticipated to gain about 5 percent, to $1.17 trillion, according to MBA’s most recent forecast. Now is the time to buy, stop renting and allow Land Home Financial to assist you with the right product.


Homeownership Month is Here

June is Homeownership Month

Land Home Financial and its new homeowners are celebrating National Homeownership Month in June. And with good reason: New research shows a household’s primary residence is its largest asset and continues to provide an important building block for long-term financial security.

One Quarter of All Assets

The latest edition of the Survey of Consumer Finances, published by the Board of Governors of the Federal Reserve System, reports that the primary residence accounts for about one-quarter of all assets held by households in 2016, ahead of other financial assets, business interests and retirement accounts.

Land Home Financial Homeownership month in June“Homeownership is a primary source of net worth for many Americans, and is an important step in accumulating personal financial assets over the long term,” said Randy Noel, NAHB chairman and a custom home builder.

Land Home Financial Loan Officers and Realtor Partners have a great opportunity to promote the benefits of homeownership during National Homeownership Month. Let’s see as many as we can get into a new home. With our mortgage products, expertise and sincere care, we can do it!!

 

Owning a Home Stabilizes Families

To have a place called “home” is priceless in stabilizing the growth and security of each member of the family. When a parent knows that their kids are safe, happy and have a place of their own, then they can be all they can be to provide for their household. For a child to know that their home and life is stable enables them to be free to  grow, play and learn to be the best they can be and enjoy living.