Income tax benefits:
Under current law, all interest paid on a mortgage incurred in buying a home is deductible for tax purposes as long as the mortgage does not exceed one million. In the early years of your mortgage, most of your payment is interest and real estate taxes are still deductible.

Keep up with inflation:
A home is an investment that helps you keep up with inflation. Although not all homes appreciate at the same rate and some years are better than others, real estate has historically kept pace with, and usually appreciates faster than the rate of inflation.

Your loan agent will guide you through the application process and consult with you about the programs available.