Becoming a First Time Homebuyer

Everything first-time homebuyers need to know, consider, and understand.

Whether you are still in the dreaming phase or ready to close on your first home, North Country Savings Bank has tons of great advice and information about what to expect when you become a first-time homebuyer.

sold sign in front of a house

Purchasing a house is an exciting life event, yet it can be intimidating. From finding the right location to meeting all of your lifestyle needs, there are multiple factors to consider when deciding on your ideal home. Although the process may feel long, it does not have to be difficult!

nate and jenny in their office

Ask The Experts

Buying a home is one of the most exciting, and potentially, stressful experiences of your life. There are so many ins and outs to finding the right home, choosing the right mortgage, and then navigating the complex world of taxes.

buying a home with debt

Ready to buy a house? Congratulations! That is a big, exciting step, especially if it's your first home. However, before you can choose the perfect property and start packing your bags, you need to secure a mortgage loan, and there is a lot you need to know about that process.

Navigating the muddy waters of mortgages alone can be confusing. There are so many new terms to learn, forms to complete, and questions left unanswered. One of those questions: what does it mean to be pre-approved for a mortgage?

First time homebuyers receiving keys to new house

Imagine a world in which you're your own landlord. You can paint the walls any color you want, hang pictures with actual nails, have a spare bedroom for guests, and a big deck perfect for backyard barbeques. That's what you have to look forward to when you own your own house.

Mortgage Your First Fixer Upper

You've spent years watching HGTV home renovation shows, scrolling through DIY projects on Pinterest, and drooling over Insta-perfect houses. Now it's time to stop dreaming and start tackling your own fixer-upper! But where do you begin?

couple in new home

Buying your first home is a very exciting time! Crunching the numbers to figure out what you can afford is taxing though.

home equity image

First off, what is home equity? Home equity is the difference between your home's value and the amount you still owe. Homes, unlike cars or boats, naturally gain equity over time, especially if you, the homeowner, do any sort of work on it to increase the value.

The market fluctuates, interest rates may increase, and new tax reform means everyone is waiting to see what happens at tax time. 

money loans weighing down a graduate

Millennials are dealing with significant student debt – the average class of 2016 graduate has over $37,000 in student loans. Paying off student debt has put home buying on the back-burner for many recent grads, and in some cases has hindered their ability to be approved for a mortgage.