SeaComm Federal Credit Union OFFICIAL BLOG

Three Tips to Find the Home of Your Dreams

new home

Finding and buying your dream home is an exciting time. We’ve come up with three tips to help you get into the home that fits you best…continue reading to learn more!



new home

Do your homework. While driving or walking around, ask yourself if the house is in an area that fits your needs. Are you an outdoor enthusiast? You probably do not want to be 50 miles from the nearest hiking trails or state park. Do you rely on a variety of restaurants for quick takeout options? Look for restaurants that suit your taste buds, ideally on your route between work and home. Spend a weekend exploring several areas, and learn more about the place you might call home one day.


Know your finances. Homebuyers should look for a home that costs no more than three to five times their annual income. Be sure to consider the expenses for a down payment, home inspection, and other closing costs. You should also look at your current expenses, such as cable, internet, electric and other utilities. Determine how much room you have left in your monthly budget, and consider how a mortgage payment would affect that.


growing family

Plan for the future. For a house to be your perfect home, it will have to grow with you. If you are planning to have children, you may need an extra bedroom or two. Do you work from home? You will want that home office. While you shouldn’t overdo it and buy a five-bedroom house, be sure to give yourself some room to grow.



SeaComm is excited to partner with the Federal Home Loan Bank in offering down payment and closing cost assistance of up to $14,500 to qualified homebuyers! The Homebuyer Dream Program™ is a grant that makes funds available to first-time homebuyers earning at or below 80% of the Area Median Income.

If you haven’t been able to save for a down payment or don’t have enough set aside to purchase the home of your dreams, this is the perfect opportunity for you! The first round of the Homebuyer Dream Program™ will be open in June 2020. There will be at least four offerings throughout the spring and summer. Call us at (800) 764-0566 or click here to schedule a Mortgage Consultation!

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