Home ownership has long been part of the American dream. It seems that almost every family desires having a home they can call their own. But for many, achieving the financial means to purchase their dream home may seem like an impossible feat. While this dream is entirely possible, it may require certain financial sacrifices.

Discussing your options with one of America’s top mortgage companies is a good first step toward determining what type of home you can afford and what needs to be done in order to qualify for a loan. It is recommended that first-time home buyers seek to have 20 percent of the cost of the home on hand for a down payment to increase their likelihood of qualifying for a mortgage loan.

However, 20 percent of a home’s cost is still a substantial amount. Experts recommend the best way to start saving money for your new home is by cutting out small daily expenses such as sacrificing your morning coffee run. Saving a part of each paycheck for a mortgage deposit and paying off other debts can also help.

At Castle & Cooke Mortgage, we are proud to be one of America’s top mortgage companies helping their clients achieve the dream of home ownership. Getting that dream home may be closer than you think. Take the first step toward home ownership. Search for a loan officer in your area and get pre-approved today.