Zach Copeland - NMLS 1644904 - Cardinal Financial

Do impact your ability to buy a house? Absolutely, but can still be an attainable goal!

📈 Student loans, when paid on time, actually reflect positive history. They can actually help improve your credit over time, because they’re long-term accounts that lengthen your credit age.

💰 Repaying your student loans may mean you have less to spend on a payment, but that doesn’t mean you can’t have your home and pay it, too. Working with the right lender can help you find a loan that fits your budget and the lifestyle you want to live.

And hey, college grad…homeowner…wealth-builder. Sounds like a pretty sweet life, huh?

🌐 Learn more here: cardinalfinancial.com/blog/do-student-loans-affect-buying-a-house/

How does help families build wealth? 🏠 What makes a transgenerational tool to achieve financial security? 💰⬇️

𝐇𝐨𝐦𝐞𝐨𝐰𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐚𝐬 𝐚𝐧 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭: As property values increase, so does the value of the homeowner's equity. This can be used for future investments or passed down to the next generation.

𝐅𝐨𝐫𝐜𝐞𝐝 𝐒𝐚𝐯𝐢𝐧𝐠𝐬: Not only are costs typically less per square foot than rent, but they also help build your equity each month — in other words, you are making payments toward your future financial health.

𝐓𝐚𝐱 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬: Homeowners can leverage deductions for mortgage interest and property taxes. These deductions can reduce your taxable income, which can often result in a lower tax bill.

𝐒𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲: Owning a can offer families a sense of permanence and belonging within a community, which can lead to better mental health and well-being.

𝐏𝐚𝐬𝐬𝐢𝐧𝐠 𝐃𝐨𝐰𝐧 𝐖𝐞𝐚𝐥𝐭𝐡: As the value of a home appreciates, it can become a substantial asset that can be inherited by loved ones. It can be sold to fund other investments or continue as the family home where a new generation of memories can be made.

Visit our website today to learn more.

🌐 CardinalFinancial.com

Here are 𝐭𝐡𝐫𝐞𝐞 𝐰𝐚𝐲𝐬 𝐭𝐨 𝐩𝐫𝐞𝐩𝐚𝐫𝐞 𝐟𝐨𝐫 𝐚𝐩𝐩𝐥𝐲𝐢𝐧𝐠 𝐟𝐨𝐫 𝐚 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞! 🏠⬇️

💰 𝐑𝐞𝐩𝐚𝐲 𝐄𝐱𝐢𝐬𝐭𝐢𝐧𝐠 𝐃𝐞𝐛𝐭: Your debt-to-income ratio shows the % of your monthly gross income that goes towards repaying your debt. To lower your DTI ratio, pay off as much debt as possible before applying for a mortgage.

📈 𝐂𝐡𝐞𝐜𝐤 𝐘𝐨𝐮𝐫 𝐂𝐫𝐞𝐝𝐢𝐭: This includes pulling credit reports from each of the three credit reporting bureaus (Experian, TransUnion, and Equifax) to better understand your . Ideally, you should check your credit history at least 6-12 months before applying for a so you have time to improve your score, if necessary.

📋 𝐆𝐚𝐭𝐡𝐞𝐫 𝐏𝐚𝐩𝐞𝐫𝐰𝐨𝐫𝐤: To apply for a , you will need documents such as: recent pay stubs, W-2 forms, 1099 forms, bank statements, statements from all investment accounts, etc.

How will you use your tax refund this year? If you're thinking about putting that money toward a down payment, contact me today. ⬇️⬇️

𝐙𝐚𝐜𝐡 𝐂𝐨𝐩𝐞𝐥𝐚𝐧𝐝 | 𝐍𝐌𝐋𝐒 𝟏𝟔𝟒𝟒𝟗𝟎𝟒
📲 561.339.6645
✉️ [email protected]

Did you know that monthly payments on your reverse mortgage are 𝒐𝒑𝒕𝒊𝒐𝒏𝒂𝒍? 💰

🏠 Typically, are paid when you move out of the home, if and only if the home is your principal residence, you pay your property taxes & homeowners insurance, and keep the home in good condition. ✅

Questions about reverse ? Reach out to me today. ⬇️⬇️

𝐙𝐚𝐜𝐡 𝐂𝐨𝐩𝐞𝐥𝐚𝐧𝐝 | 𝐍𝐌𝐋𝐒 𝟏𝟔𝟒𝟒𝟗𝟎𝟒
📲 561.339.6645
✉️ [email protected]

Here are 8 things every should know! ⬇️

✅ Don't commit before you're ready

✅ Don't shy away from down payments

✅ Keep the school district in mind

✅ A land survey will answer boundary questions

✅ Reserve cash for potential home improvements

✅ Dig deeper during inspection

✅ Don’t spend every dollar you qualify for

✅ Build a solid real estate team

Questions? Visit our website to learn more.
🌐 CardinalFinancial.com