Newark, DE -- (ReleaseWire) -- 05/10/2011 --You've sold yourself on the advantages of homeownership over renting:

•You can usually deduct mortgage interest on your tax return.

•You can build equity paying a mortgage, whereas you can't paying rent.

•Historically, homes have proven to appreciate over time.

•You can avoid increases in your monthly payment — something you can't avoid while paying rent.

And now you're ready to make the big step. But before you start collecting paint chips and fabric swatches, you need to collect your thoughts around more practical matters — in particular, money matters. “How much can I afford to spend on a home?” is the number one question I get asked daily, says Mark Coffman, a Senior Loan Officer with Pike Creek Mortgage Services, Inc.

The best way to find out how much you can afford is key to successful homeownership. “That is, maintaining home ownership,” says Coffman

Buying a home is probably the biggest financial investment you will make, and obtaining as much knowledge as you can about the home buying and mortgage process will aid you tremendously in finding and “funding” the home of your dreams.

“There’s no time like the present to learn, and that’s why I’m offering FREE First Time Home Buyer classes,” states Coffman, who has been a leader in the mortgage industry for over 15 years. “Please join us. Classes will be held every other Tuesday evening at 6:00 p.m. beginning on May 17th.”

Newark, Delaware - based mortgage expert Mark Coffman specializes in providing information to Delaware residents that allows them to make informed decisions about their mortgage financing options and learn the insider secrets that can save them thousands of dollars over the life of their loan.

Mark Coffman is available for interviews and will welcome all your mortgage related questions.

Call 302-892-2811 Ext.110 to sign up for Mark’s 1st Time Home Buyer Seminar!

http://marksmortgagetips.com