Meet Jeff and Nancy

Meet Nancy and Jeff. Nancy is a 34 year old, substitute teacher and Jeff is a 35 year old customer service manager. Nancy and Jeff have a 3 year old and a baby on the way.

Nancy and Jeff's Situation:
Nancy and Jeff have decided their apartment is getting cramped for their growing family.

Nancy and Jeff's Challenge:
Now that they have made decision to become homeowners, they are anxious to get started. Nancy is concerned about the unpredictable nature of her job impacting her ability to contribute to the mortgage. With another child on the way, they are concerned about increased expenses. Finally, having only 1 month saved, they are not sure if they have enough to meet down payment requirements. With all this uncertainly, they decide to consult a mortgage professional, who they met through friends, to find out what their options are.

Nancy and Jeff's Solution:
After looking for a month, they found a cozy starter home in a family-oriented neighborhood close to schools and local parks. They opted for a 35 year amortization to lower their payments to provide flexibility while Nancy was on maternity leave, knowing they can always renegotiate at a later date and in the meantime, have the option of making lump-sum payments annually or weekly payments to pay down their mortgage faster. They also decided to lock in their interest rate for 10 years to minimize exposure to fluctuating interest rates. They have just moved into their home and are busy decorating the baby room, anxious for their new arrival.

Ask your mortgage professional for a Genworth-insured mortgage today,
or call 1-800-511-8888


	Meet Jeff and Nancy
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