Getting a Mortgage

Before you start house hunting, meet with a mortgage lender to determine your budget.

They’ll provide you with a Loan Estimate (a three-page form that includes an itemized list of all fees and costs associated with getting a mortgage) and a pre-qualification letter. Speak with your lender about incentive programs! Incentives can affect your interest rate and your down payment and closing costs—both of which factor into your overall mortgage qualification.

Working with a lender who is well-versed in the many financial incentives available to Baltimore City buyers can make your life a whole lot easier. Contact a Live Baltimore lending partner for pre-qualification and guidance on using incentives to buy your home. Your lender will provide you with a checklist of financial documents you’ll need to gather and pull your credit history. By getting pre-qualified early in the process, you’ll be able to narrow your search to homes you can afford.

Habitat for Humanity of The Chesapeake