12/23/2025
🏡🎄 Hello friends! Here’s my Christmas tip for today:
2 mistakes to avoid when buying your first home
If you’re thinking about buying your first home, pay close attention.
❌ Mistake #1: Buying a new car with a high monthly payment
That new car 🚗 can seriously hurt your buying power.
✨ My advice: buy the house first.
If you need to buy a car, try to keep the payment between $300 and $500 per month.
❌ Mistake #2: Carrying high credit card balances
Even if your limit is $1,000, maxing it out isn’t a good idea.
✨ Important tip: keep your balance under 10%, meaning $100 or less.
🎁 Small changes can make a BIG difference in getting approved and getting the keys 🔑🏡
👉 Follow me for more homebuyer tips
📲
Maribel Licea
Senior Loan Officer
The Mortgage Exchange
NMLS:133914
