Navigating today's real estate market might seem overwhelming, especially if you're looking to buy your first home. With housing inventory at a low of just 2.5 months—far less than the 6-8 months seen in 2020—it's a competitive world out there. However, this situation offers a unique opportunity for first-time buyers like you. Here's why purchasing your home now and planning to refinance later could be a smart move.
Buy Now and Grow Your Investment
At Best Option Mortgage, we recommend buying your home now to start building equity right away. Here’s what this means for you:
Build Equity Early: Each payment you make on your mortgage is a step toward full ownership of your home. Starting now means you build value sooner.
Lock in Your Home: Even in a tight market, owning your home protects you against future price increases and decreases the worry of finding a suitable home later when it might be even harder.
Plan for Savings: Our promise to you includes zero lender fees when it’s time to refinance. This means when interest rates drop, refinancing can lower your monthly payments without the burden of extra fees.
Why Choose Best Option Mortgage?
Customized for First-Time Buyers: We focus on finding a mortgage that suits your budget and lifestyle, making the dream of homeownership achievable.
No Extra Costs Later: Refinance with us and you won’t pay lender fees, keeping more money in your pocket.
Guidance Every Step of the Way: Buying your first home can be complex, but our experts will guide you through each step, from buying to refinancing, ensuring you’re confident and informed.
Take the First Step
With the chance of interest rates dropping in 2024, buying now is a strategic move. You'll enter the housing market smoothly and be ready to save more when you refinance. Ready to start your journey to homeownership?
Contact Best Option Mortgage today. We’re here to help you buy your first home with minimal initial cost and to maximize your savings down the road. Let’s make your dream of owning a home a reality, sooner rather than later!
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Best Option Mortgage is a DBA of ML Mortgage Corp. ML Mortgage Corp. is a state-licensed mortgage lender, NMLS ID #362312, licensed by the CA Department of Financial Protection and Innovation under the Finance Lenders Law, License #60DBO69831. For other states, visit www.mlmortgage.net. To verify licenses, visit www.nmlsconsumeraccess.org. All loans are subject to credit approval and acceptable collateral. Additional terms and conditions apply. Programs, rates, terms, and conditions may change without notice. Not all programs are available in all states. There is no guarantee that all borrowers will qualify. Restrictions may apply. This is not a commitment to lend. © 2024 ML Mortgage Corp. All rights reserved.