Mortgage Tip #6: Renting vs. Owning

It is amazing how many potential homeowners are still renting in today’s market.  With rates remaining at historic lows and housing prices bottoming out, there has never been a better time to purchase a home.

Cornerstone is now offering 100% financing, with NO mortgage insurance, NO minimum credit score, and at attractive conventional mortgage rates.  Have the seller pay your closing costs and you are in a home with NOTHING out of your pocket.

With the cost to rent soaring over the past few years and the cost to own dropping, there is no better time to buy.  You can enjoy monthly payments that equal, if not beat, rental payments.

If you would like help determining if owning makes sense for you contact a Cornerstone loan officer today - we're here to help!