Kelli Wilson opted for homeownership because she was looking for financial stability. She found that in a 1937 home, complete with spiral staircase, ceilings with rounded corners and vintage cabinetry with antique hardware.
The best part? Her mortgage is now lower than what she would be paying for rent. The other best part is that she knows how much her mortgage payment is going to be every month.
“When I lived in an apartment that would go up continually every year, a hundred dollars here, a hundred dollars there,” she says.
Though the financial savings are nice, just as important for Kelli is being able to provide some freedom for her dog, Penny. “I wanted to give her a yard and a place to run,” she says.
Kelli worked with Megan Stockwell, a real estate agent with Harcourts Nevada, to find her perfect home. Megan introduced her to Sam Britt, a lender with iServe Lending. When he found out she was a veteran, he told her about the Home Is Possible For Heroes program, which allowed her to purchase said perfect home with no money down and a below-market fixed interest rate 30-year loan.
If you’re a veteran, active military or surviving spouse and you’d like to learn more about homeownership, start with a HIP-qualified lender, and then check out the Home Is Possible For Heroes program. And if you don’t fit into that category, check out our other homebuyer programs to find the right fit for you. And once you have a lender, search for a HIP-qualified real estate agent to help you find your new home. And some financial stability.
Watch Homebuying in a Hot Minute to hear Kelli's story.