1 minute read
Things are Getting Tight
Have You Analyzed
Your Home Needs Lately? Your Home Needs Lately?
If your priorities today are vastly different than they were at the beginning of the year, you are not alone. Whether it’s the need for a separate home office space or simply a place with less upkeep, loanDepot is here to assist you with your homeownership goals. Follow our easy three-step process to gain clarity on whether a move may be in store for you.
Step 1 DETERMINE YOUR HOME NEEDS
To make a positive step toward your desired lifestyle, it’s important to identify the drivers behind your motivation for change. Which of these five categories do you relate to the most?
1.
2. Things are Getting Tight Whether you rent or own, your home needs may have changed over the last few months. If you have outgrown your current space and need to upsize to a larger one, speak with your lender about the mortgage financing program to best help you reach your goal.
You're Ready to Enjoy Retirement
could help create the lifestyle and cash flow you need to enjoy retirement? By leveraging the proceeds of your home and downgrading to a smaller, more functional space, you could reduce your monthly housing cost and enjoy less maintenance. 3. You Need Breathing Room in Your Budget
Now, more than ever, you may be thinking of ways to stretch your budget and lower the cost of housing. Whether it be moving to a more affordable home or lowering the cost of your existing mortgage, ask your lender to Did you know that selling your current home
assess your current mortgage and determine the best course of action.
4. You Desire a Place with Less Upkeep
If you find yourself spending increasing amounts of time fixing your home, it may be time to consider a place with less upkeep. loanDepot offers many competitive-rate home loan programs that may help you finance a low-maintenance property and spend more time doing what you love.