back to top

About Us

Tips & News

Benefits of Owning A Home

Home is where the heart is. There’s no place like home. Home sweet home. These sayings invoke a feeling of warmth, compassion, and fond memories. Owning your own home is the foundation of the American Dream because homeownership is a testament to the legacy of the people who live there.

Along with the priceless sentimental value of owning a home, there are substantial financial benefits. Home equity is the most significant factor in increasing your net worth and establishing a credit portfolio. Buying a home is an investment that raises your overall quality of life. Below are Top 2 reasons why you may want to stop renting and join the 68% of the population that enjoy the benefits of homeownership.


The Top 2 Benefits of Owning A Home

Financial security is an aspiration for most people. Owning a home can help with that, and here’s how:

  1. Home Equity

Home equity is the difference between the appraised value and the current balance owed on the mortgage. For example, if your home appraised at $500,000 and the amount left on your mortgage is $300,000, you have $200,000 of equity. Home equity is a profoundly useful tool in financial leveraging. Some things home equity can be used for are:

These are just a few ways to utilize the equity in your home. You can increase your home equity by increasing your monthly payment on your mortgage or through a large down payment. Payments that would be going to your landlord are now putting that money to work for you by investing those payments into your home.

Home equity can also increase with a rising real estate market. If your neighborhood’s economics are improving and communities are doing well around you, your property value will increase, raising your home equity. Home equity is the one of the best reasons to stop renting and start investing in yourself and your future.

2. Right To Enjoyment

Every citizen is entitled to the right of enjoyment of their property. Simply put, you can enjoy your home and participate in pleasurable activities there without interference. This right to enjoyment and control over your property is the another beneficial reason for owning a home.

In owning your home, you can remodel however you like. Sustainable energy can be installed to save you hundreds of dollars. You control both the look and efficiency of your home, which makes a budget easier to incorporate. The added benefit is that you are investing in yourself and demonstrating financial independence to secure your future.

Not only are you able to improve the aesthetics of your home inside and out, but you are also able to grow your family with pets. The bottom line, you make the rules for your home. There is another saying that was not included above; you are King or Queen in your castle. The pride in accomplishment that comes with that title is immeasurable.

Happiness Is Homemade

The many benefits that come from homeownership are attainable. All you need to start you on the path is a conversation with an excellent mortgage company that understands your vision and needs for the perfect home recipe. Contact CSMC Mortgage today and see how we can help you.

benefits of owning a home


“Laura Hertz is the best lender I've ever worked with in my 25 years as a Realtor. I never have to worry that she has things handles and she always performs in the best way possible. I also know that she is an advocate for my buyers and not only does she meet their expectations but she exceeds them! She is my lender for life!”

- Paula K.

“ Mario provided excellent service. Not only was he professional and helpful, but the personal support and reliability was something hard to find these days. I will not be using anyone else and have confidently referred him to friends and family.”

- Heather C.

“ My experience is always fantastic & seamless. Mayen Grigorian is a true professional. He’s honest, he goes above and beyond, he’s efficient, always available and knowledgeable. I never have to call for updates he beats me to it and sends updates regarding the loan. Our clients are very happy and we’re very happy! Five star service, I can’t say enough good things about Mayen as a person and a professional. Hands down! He’s The Best!”

- Taline S.

“This review is about Mark and Darci Richardson from CSMC Mortage in Simi Valley. This team is the BEST! For the past 12 years our home was "underwater" due to the "crash" in 2007, and unable to do anything with the mortgage except pay it. These two kept on top of things and finally the house qualified to REFI. We just completed everything and it closed last week... and they saved us over $900 a month!! That's a huge savings for a couple of senior citizens! We are SO happy now and finally can breathe. Thanks to Mark and Darci and CSMC Mortgage for following through, jumping through all the hoops necessary and helping us out! I can't recommend them more... they are the BEST!!!”

- Shari S.

“CSMC is always our go to lender. Denise Bizzy is fabulous. She really went the extra mile trouble shooting solutions to problems our client had. I do not believe another lender would have been able to pull this off. Five stars for the A+ service from Denise Bizzy and CSMC Mortgage!”

- Mark L.

“Faye helped me purchase my first home last year. She was very professional and worked very quickly to help me procure financing. She made herself available around my schedule and took the time to explain my options for financing to help me get the lowest rate possible. Would highly recommend her to anyone looking for someone that is professional, highly knowledgeable, polite, and responsive.”

- James Z.