Low Rates Flexible Terms.
Find the Right Mortgage for Your Home.
Start your journey with NEO Finance today. With affordable rates, flexible terms, and a smooth approval process, we make homeownership easier than ever.
Apply now and take the first step toward building your future!
- Timely Closing Assurance
- Earn cash back
- Low down payment options
- Confirmed Pre-Approval Notice
What makes mortgage loans
a smart choice?
Turns homeownership into reality
High Purchase Price: The purchase of a home is well out of reach for the great majority of people’s immediate savings. With mortgages, they can buy a home by financing the remaining amount and just paying a fraction of the total cost up front as a down payment. Most people couldn’t become homeowners without mortgages.
Spreading the Cost: By allowing buyers to stretch out the high cost of a home over a longer time frame (usually 15 to 30 years), mortgages help them keep monthly payments within their means.
Strengthening your investment
Investing in an Asset: Your ownership stake (equity) in the property progressively increases as a percentage of your mortgage payments go toward the principal. As the property’s value may increase over time, this equity could increase as well, increasing your net worth.
Forced savings: Some people consider mortgage payments to be a type of “forced savings,” since each payment goes toward acquiring a material object that may increase in value.
Opportunity for long-term security
Fixed Payments: For the length of the loan term, fixed-rate mortgages provide consistent monthly payments, which promote stability and simplify budgeting. The possibility of rent rises stands in contrast to this.
Sense of Security: Unlike renting, owning a house can provide you a sense of stability and security over the long run.
