Douglas DeGroot's Profile Picture
Providence Wealth Advisors, LLC
Douglas DeGroot
20220 S. LaGrange Road
Frankfort, IL 60423
815-306-2020
dougdegroot@providencewealth.com
 
 




Buying a Home

Buying a Home
There's no doubt about it — owning a home is an exciting prospect. After all, you've always dreamed of having a place that you could truly call your own. But buying a home can be stressful, especially when you're buying one for the first time. Fortunately, knowing what to expect can make it a lot easier.
More Details
Applying for a Mortgage
Once you have an idea of how much of a mortgage you can afford, you'll want to shop around and compare the mortgage rates and terms that various lenders offer.
More Details
The Down Payment
In the past, lenders usually required a down payment of at least 20% of the purchase price of a home. Nowadays that's no longer the case. Instead, the amount of your down payment will depend on a variety of factors, such as your credit history and the type of mortgage you're applying for.
More Details
Popular Types of Mortgages
Popular Types of Mortgages table.
More Details
Tax Benefits of Home Ownership
In tax lingo, your principal residence is the place where you legally reside. It's typically the place where you spend most of your time, but several other factors are also relevant in determining your principal residence.
More Details
Opening the Door to Homeowners Insurance
Your home is your castle, so the saying goes. And you're going to want to protect it. Homeowners insurance can give you just the protection you need.
More Details


IMPORTANT DISCLOSURES Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, legal, or retirement advice or recommendations. The information presented here is not specific to any individual's personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable — we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

This communication is strictly intended for individuals residing in the state(s) of IL and IN. No offers may be made or accepted from any resident outside the specific states referenced.
Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2025.