Preparing to Buy a Home

Many people consider buying a home to be a rewarding part of adulthood. How do you know if you are ready to take this step?

  • Have you saved for a down payment? Conventional mortgages may require as much as 20% of the purchase price as a down payment while VA, FHA, and other special mortgages may allow a lower down payment.
  • Additional expenses over your mortgage payment should be considered. Real estate taxes and homeowners insurance, and possibly private mortgage insurance will add to your monthly homeownership expenses.
  • Do you have an emergency fund for unanticipated expenses?

If you are ready to learn how much you can afford to buy and to become pre-qualified, contact one of F&M Trust’s mortgage professionals.

Helpful Mortgage Planning Tools

Apply Online

Mortgage Apply Now

Applying for a Mortgage or Home Equity Line of Credit is fast, easy and secure.

NOTICE: YOU ARE LEAVING F&M TRUST!

You are now leaving the F&M Trust website. Links to third-party sites are provided for your convenience. Such sites are not within our control and may not follow the same privacy, security or accessibility standards as ours. F&M Trust neither endorses nor guarantees offerings of the third-party providers, nor is F&M Trust responsible for the security, content or availability of third-party sites, their partners or advertisers.