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It’s officially Spring home-buying season!

It’s officially Spring home-buying season!

Friday, April 14, 2023/Categories: Home Page Story

It’s officially spring home-buying season! Heartland Bank is here to fulfill all your financing needs whether you are a first-time home buyer or a well-versed buyer re-entering the market. The real question is: Are you ready?

As in any big life decision, the more information you have upfront, the better the result is going to be.  Contacting your trusted loan originator (LO) at Heartland will be your first and best step. You can expect your LO to let you know what options you have that fit your preferred budget and walk you through a smooth home buying experience. Check out Heartland’s financial calculators and checklist to be prepared and get a few steps ahead.

For first-time homebuyers, there are a wide array of programs to get you into your first home. One popular option at Heartland, the Heartland Hometown Program, would allow you to purchase a home with a 0% down payment while waiving mortgage insurance, which is typically required without a 20% down payment.

While interest rates have been higher recently than what we’ve seen in the past few years, there are still many excellent reasons to purchase a home,” says John Kenkel, manager of Residential Origination for the Cincinnati/Northern Kentucky region at Heartland Bank. “Home values tend to always go up in the long run. The equity you begin to put into your house now grows your net worth and is a great long-term investment for your future. And, you can always refinance in the future. Marry the house, date the rate.”

Heartland offers just about every type of financing available for residential homes. Whether the loan is conventional, FHA, VA loans for our veterans or rural housing loans, Heartland Bank has the right product to get you into the home of your dreams.

With a simple online or in-person prequalification process, you can be one step ahead in a matter of hours. The spring season typically provides more inventory for potential buyers. However, you’ll still want to be prepared with information such as potential payments, rates, down payment and closing cost figures, so when the house you’re interested in is available, you are ready to pounce.

A mortgage prequalification will use today’s rates to let you know how much you can afford and set boundaries for your home search. It will also give you an opportunity to review your credit report to get you in the optimal position to purchase when you’re ready. This can be reviewed with a loan expert and if your credit needs a little work, there are always tips for improvement that will be shared with you. It is really a no-lose decision.

Reach out today to start the conversation. An in-person appointment could also be beneficial, especially for a first-time homebuyer. Having a mortgage professional on your side will provide you with a leg up throughout the homebuying process. Superior service has always been the highest priority here at Heartland Bankapply for a mortgage today!