Homebuyer Tips

Our goal is to make your home buying experience as seamless as possible. We have highlighted some key guidelines to help keep your finances in order as you prepare for your journey home.

Any changes to your current financials could affect your current financial picture. We are always here to provide guidance and advice as you begin your home buying journey.

DO

  • Find a Realtor® you love
  • Stay current on your rent and all monthly bills
  • Remain with your current employer
  • Continue using credit as usual
  • Check your credit score
  • Find and organize financial documents
  • Contact us if you have any questions

DON’T

  • Apply for new credit cards, loans or purchase offers
  • Deposit or withdraw large amounts of cash
  • Change jobs, your pay structure, employment status or shift any investments
  • Change banks or transfer credit card balances
  • Make large purchases
  • Pay off collections, charge offs, loans or credit cards

TIP: Plan Ahead – Acquiring new debt in the months prior or during the home buying journey, could result in your loan being delayed or cancelled.

Related Articles

Essential Checklist for First-Time Homebuyers

Essential Checklist for First-Time Buyers: Your Path to a Successful Mortgage Journey  Buying your first home is an exciting milestone! To ensure a smooth and …

Read More →
MMP and DC OD - Feature Image-1

DC Open Doors and the Maryland Mortgage Program

DC Open Doors and Maryland Mortgage Program Purchasing a home can be a daunting experience, especially if you’re a first-time homebuyer. One way to make …

Read More →
9 Tips To Help You Prepare To Purchase - Featured Image-1 (1)

9 Tips To Help You Prepare to Purchase Your First Home

9 Tips to Help You Prepare to Purchase Your First Home Buying your first home is an exciting milestone in life, but it can also …

Read More →
Greenbelt Home Advantage

Greenbelt Home Advantage

The Maryland Mortgage Program – Greenbelt Home Advantage Are you a renter in the City of Greenbelt? We are excited to share that if you …

Read More →
Building and Financing Process

The Building and Financing Process

There are several important steps you should take to ensure a successful building and financing process.

Read More →
One-Time Close Construction Loans

One-Time Close Construction Loans

One-Time Close Construction Loan Program   GMM’s One Time Close is available for New  Construction and Renovation projects. This program offers you the benefit of …

Read More →
Scroll to Top