Buying
Your First Home

Know-how turns someday into moving day. Here is some helpful information you need to make informed decisions during the home buying process.

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Articles

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Is Homeownership Right For You?

Before purchasing a home, it is important to know the benefits of renting vs. buying a home.

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Deciding What You Can Afford

Knowing how much of a mortgage you’re approved for gives you more buying power.

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Choosing the Right Home

When looking for a new home, it is important to know the benefits and drawbacks.

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Selecting a Real Estate Agent

Real estate agents have the knowledge and experience to guide you through the steps of shopping and purchasing a home.

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Types of Mortgages

You've found the right home, now find the right mortgage. There are many different mortgage options available to meet your budget and repayment timeframe.

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Making an Offer

After you have found the right home and decided you are ready to purchase it, you will need to enter into a written contract, which begins with the written offer.

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Glossary of Mortgage Terms

Here is a quick guide to common mortgage and home buying terms.

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Frequently Asked Mortgage Questions

Here are some common mortgage related questions and answers.

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Calculators

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Am I better off renting?

Determine if buying a home is better than renting, based on fees, taxes and monthly payments, and given insurance and tax fluctuations.

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What home can I afford?

Estimate the home price you can afford by also factoring in your monthly income, expenses and specified mortgage rate.

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How much can I borrow?

Calculate an estimated loan amount range and mortgage payments for conservative and aggressive underwriting scenarios.

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On April 2, 2022, People's United Bank, N.A. merged into M&T Bank. It is now part of M&T Bank and its former branches and most services will operate as the People's United division of M&T Bank until we complete the integration of our systems later in 2022. M&T Bank is a Member FDIC, Equal Housing Lender and Equal Opportunity Lender.