Why Owning a Home Matters (And How a Community Bank Can Help)

Why Owning a Home Matters (And How a Community Bank Can Help)

Canton, NY (June 25th, 2025) — In recognition of National Homeownership Month, North Country Savings Bank and the Independent Community Bankers of America (ICBA) are encouraging consumers to consult their local community banker about how to make the homebuying process simple, efficient and more affordable.

“An important component in building financial independence is owning a home,” said NCSB President & CEO R. Brian Coakley. “At North Country Savings Bank, we want to simplify the homeownership process to make it as easy and affordable as possible. After you assess your needs, we can help find suitable options to finance your home, from first homes to forever homes.”

Whether you are refinancing or purchasing your home, North Country Savings Bank can help you determine:

• The ideal loan amount and products to meet your budget considerations. We can review the mortgage process in detail and flag ideal programs and loan features.
• How mortgage rates, terms, and related expenses (including property taxes and insurance premiums) affect payments. This will help you set a home budget and manage your homeownership expenses.
• Your rights and obligations under your mortgage contract. Today’s consumers have many financing options—each with unique stipulations outlined in the fine print.
• Suitable government-sponsored programs. In addition to federal homeownership and home-buying assistance programs, we can recommend state, local government, and specialty programs for consideration.
• Additional resources to help create a budget and set financial targets. Free online educational tools can be found at www.hud.gov.

“Homeownership is an important step for many Americans in establishing financial stability and strengthening community roots,” said ICBA President and CEO Rebeca Romero Rainey. “Your community bank can help guide you through the process and provide tips to improve your position as informed buyers.”

For more information on how North Country Savings Bank can support your homeownership needs, visit us at www.ncsb.bank or contact us at (888) 737-4795.

NCSB is an Equal Housing Lender.