Purchase

At New Mortgage we make purchasing a home a rewarding experience. We've helped thousands of people over the years on the way to homeownership. With the continued increase in housing prices nationwide, homeownership is an attractive investment. Over time, homeownership adds to personal net worth and provides a great deal of pride and personal satisfaction.

There are also significant tax breaks available to those who own their own home. Mortgage loan interest is usually tax deductible. Tax savings from the mortgage interest tax deduction are greatest in the early years of repayment. For example, during the first 15 years of repayment on a 30 year loan the majority of monthly payments are applied toward interest. Please consult a tax specialist for more details.