Home ownership provides tax advantages that renting does not. Owning a home and building equity in it is one of the wisest investments you can make. Let ResCom Mortgage and Finance help you realize the American Dream.

Why Should I get Pre-Approved for a home loan? Know how much you can afford to spend before beginning your new home search. Being Pre-Approved lets sellers know you’ve applied for a home loan and have bank approval to make an offer. Pre-Approval expedites the home-buying process.

Should I get a fixed rate or adjustable rate mortgage? Fixed rates are best suited for buyers who plan to stay in their home for many years and who want to ensure the payment never fluctuates. There are 30-year and 15-year fixed rate mortgages. Adjustable Rate Mortgages - known as ARMs- are designed for buyers who may not stay in their home for 15 or 30 years or for people who are comfortable with their payment changing with the market. In recent years, ARMs have proved to be a winning strategy for many home buyers. With an ARM, a fixed rate will apply for a set amount of time- say three, five or seven years - and then the rate adjusts every 12 months. With some of the lowest rates in decades, buyers have benefited from this type of loan. Another option is the Interest Only ARM, which allows the buyer to pay interest only and no principal to the loan, resulting in a very low payment.

Are there any special programs for first-time home buyers? Absolutely.  ResCom Mortgage and Finance has helped countless first-time buyers. We offer the most competitive and creative financing programs around while helping the first-time buyer navigate through the often confusing financing process.

Can I buy a home with little or no money for a down payment? Yes! ResCom Mortgage offers a variety of programs for people with all different financial situations.