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Are You Spending Too Much on Your Car?

Non-mortgage debt is at the highest level in nearly a decade, and 81% of the increase over the last four years has come from auto-related debt. Now, don’t misunderstand, there’s nothing wrong with a new car. But, as you make purchases, keep in mind that your overall debt level (or, more specifically, your monthly out-of-pocket expense for the non-mortgage debt you’re carrying) can impact how much mortgage you can afford. So, if you’re thinking about buying a new home, think extra carefully before you take on any additional debt.

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Licensing

NMLS ID#: 71222

Equal Housing Lender

Contact Us

Jeffrey Halbert - First Home Mortgage
3240 Ferry Landing Road
Suite 201
Dunkirk, MD 20754

Phone:
(301) 327-5803

Fax:
(443) 725-9080

This is not a commitment to lend. Terms and conditions of programs, products and services are subject to change. All loans are subject to credit approval and property appraisal. Certain restrictions may apply on all programs. First Home Mortgage Corporation of America, First Home Mortgage Services, and First Home Mortgage Company of Maryland are d/b/a's of First Home Mortgage Corporation. First Home Mortgage Corporation is licensed in Connecticut, Delaware, District of Columbia, Florida, Georgia, Indiana, Kentucky, Maine, Maryland, Massachusetts Mortgage Lender and Broker (Lic. #MC71603), Michigan, New Hampshire, Licensed by the New Jersey Department of Banking and Insurance, North Carolina, Pennsylvania, Rhode Island Licensed Lender and Broker, South Carolina, Tennessee, Vermont, Virginia, West Virginia. Equal Housing Lender. First Home Mortgage Corporation NMLS ID #71603 (www.nmlsconsumeraccess.org). Privacy Policy.