Silver State Schools Credit Union
The Durango Branch has moved to 8275 W Flamingo Road, Las Vegas 89147.The Durango Branch has moved to 8275 W Flamingo Road, Las Vegas 89147.
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Buying Your First Home

There are few things in life as rewarding as owning a home. We can help you take the first crucial steps toward becoming a homeowner: securing your financing.

Owning a home is the American Dream, but the process of actually finding your dream house, as well as figuring out how to finance it, can often cause stress. That’s not too surprising, as a house is probably the single largest purchase you’ll make in your lifetime.

At Silver State Schools Credit Union, we’ve helped countless members become homeowners, and now we’re ready to help you. Whether you want to buy your first home or upgrade to a larger home for your growing family, the Credit Union is here for you.

Financing Your Dream House

Before you start house hunting, it’s recommended that you complete an application for your loan. This will help you determine exactly what you can afford. With this knowledge, you can narrow your search and avoid disappointment if you fall in love with a house that’s out of your price range.

So where do you start? Visit our Mortgage Center. Because everyone’s financial situation is different, we offer many different ways to finance your home.

To get a better idea of how much you can afford, use our mortgage calculators. There, you can learn how much money you’ll need for a down payment or estimate your monthly payments.

Saving for Your First Home

One of the biggest challenges potential homeowners face is making a down payment. Saving $10,000 is a tall order if you’re just starting out. To help save money for a down payment, consider a Silver State Schools Credit Union savings account. With direct deposit, you can have your paycheck automatically deposited into your account, avoiding the temptation of spending all your money as soon as you get it. On top of that, you’ll even earn interest on your savings.

To really maximize your earnings, try a certificate account. With competitive rates and flexible terms, you can put your savings on the “fast track” and earn more money at a quicker pace. With just a little discipline, you’ll be on your way to home ownership in no time at all.

Next: Homework BEFORE You Buy a House

Buying your first home 1
Buying your first home 2
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