Home Buyer Credit

A newly-married couple dreamed of getting a home

It took Laurie and her husband Will almost eleven years to own a home. Married when they were already settled in their careers, they gathered their savings together in the hope of buying a home. But even with their considerable savings, they found that they would still be unable to buy their own house. They knew that at that point in time, they would not be able to handle a home loan. Luckily, Will’s parents had a small place they could stay at for a while. But when they had their first child, they knew that they needed a bigger place.

Buying a home seemed more important than ever, but their infant son became Laurie’s and Will’s priority, so their finances were set aside for the baby’s care and needs instead of a house. Soon enough, one baby became two, and by then, the husband and wife were preparing for the kids’ education. Sometime later, Laurie’s mother offered the unoccupied house that Laurie’s parents owned — it was roomy and spacious, and the quiet neighborhood was ideal for raising children.

Over the years, Laurie and Will lived in that house, until they decided to rent it to someone else. Their children were studying in a school that was rather far from their house, so the couple opted to rent a place that was both nearer to the school and to Laurie’s parents’ home. The idea of getting a home to call their own was still there, lingering in the back of Laurie’s and Will’s minds. Someday, they thought, someday.

Finding help so they can own a home

By the time their first child was ten, Laurie got the chance to get a home loan from the bank she was working for, and Will’s company offered a low-cost housing program. They decided that this was a risk worthy to be taken at that point, since their finances and the credit Laurie could get opened an avenue for them to get a house of their own.

Sure, there were still bills and fees to be paid, added to the expenses of a growing family, but Will and Laurie are content — their process of getting a home was a long one, but it was worth having a place to finally call their own.