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Follow Your Path to Wealth: Home Ownership

The dream of owning a home is more than just a dream--it's the path to wealth.

 

For some households--particularly those with lower incomes--home equity represents a much larger percentage of household net wealth. Lower income households have fewer financial investments such as retirement accounts, so they depend on homeownership to accumulate personal wealth, according to the Consumer Federation of America. For these families, paying off a mortgage is the easiest way to build wealth.

 

The long journey to home ownership begins with a savings plan. Stop in or call us today, and find out how to save for the home of your dreams and build personal wealth.