06/18/2021: Home Financing Tips During National Homeownership Month

HATBORO FEDERAL SAVINGS, ICBA Offer Home Financing Tips During National Homeownership Month 

Hatboro, PA (June 18, 2021)—In recognition of National Homeownership Month in June, HATBORO FEDERAL SAVINGS and The Independent Community Bankers of America (ICBA) are encouraging current and prospective homeowners to consult their local community bank to learn about available programs to help make the homebuying process easier and more affordable.

“Owning a home is part of establishing community roots and amassing financial security,” said Linda Roehner, President and CEO at HATBORO FEDERAL SAVINGS. “As your trusted local financial advisor, we’re here to help you navigate the process—from determining what you can afford to selecting the proper financing to fit your unique circumstances and budget to turn your dream of homeownership into reality.”

Whether you are purchasing your first or forever home, HATBORO FEDERAL SAVINGS can help you determine:

  1. The ideal loan amount and products to meet your financial needs and budget considerations. We can review the mortgage process with you and identify suitable programs and loan features.
  2. How mortgage rates, the loan amount, property taxes and insurance premiums affect payments. This will help you set a home budget and increase your prospects for success as an informed buyer.
  3. Your rights and obligations under your mortgage contract. Today’s consumers have more avenues than ever to homeownership. We will help you understand the fine print before you commit.
  4. Additional resources to help you create a budget and set financial targets. We offer other helpful resources on our website and free online educational tools can also be found at hud.gov.

“For many Americans, homeownership is the key to financial wealth creation,” said ICBA President and CEO Rebeca Romero Rainey. “As relationship lenders, your local community bank can help shepherd you through the process.”

For more information on community banks and the services they offer, visit www.icba.org.

About ICBA

The Independent Community Bankers of America creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.

With nearly 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5 trillion in assets, over $4.4 trillion in deposits, and more than $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation, and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.

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