First-Time Homebuyers

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First-Time Homebuying Made Easy

Partner with Apex and find a place to call home 

Apex Home Loans First time Homebuyer

The freedom and security that come from owning a home often go unnoticed. Putting down roots frees you from rising rent, but it also grants you so much more. As a direct mortgage lender with nearly 20 years of experience serving counties throughout Maryland, DC, Virginia, Florida, Pennsylvania, Delaware, and New Jersey, we’re here to help you secure these advantages and more.

The benefits of homeownership await you

The benefits of homeownership are countless. Here are some financial, social, and personal advantages for you to consider before taking the plunge:

  • Enjoy tax benefits. Not only may you be able to deduct mortgage interest* on your tax return (in most cases), but you will never have to worry about sky-high rent costs again.
  • Build equity. Over time, owning a home will increase your assets. You can then leverage your capital using equity loans. Equity loans have significantly lower interest rates than credit cards. They are ideal for home improvements, debt consolidation, and education.
  • Become part of a community. Settling into one area allows you and your loved ones to build long-lasting relationships and connections with members of the community.
  • Delight in pride of ownership. Relish the freedom to treat your space however you please.

Where do I start?

Creating a plan for your finances is essential when buying your first home. You’ll want to do the following early in the process:

  • Check your credit. Connect with a Mortgage Banker who has the ability to check your credit repeatedly without harming it—something you cannot do. If your credit is not up to snuff, don’t worry, that same professional can also help you form a plan for improving it. Learn more about credit scores here.
  • Discuss financing. Based on your credit, a Mortgage Banker can educate you about your mortgage options. Understanding the benefits and drawbacks of different loan types will help you make an informed choice later on.
  • Research down payment options. Figure out how much you can put down on a new home; then, look into first-time buyer programs that may curb that expense. 

 *Contact your Tax advisor when it comes to mortgage interest deductibility.

Related Resources:

Download our Guide to Home Financing.
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