Buying your first home is one of the biggest financial decisions you’ll ever make — and preparation is key. In Episode 5 of the CBC Connect Podcast, we are joined by Brittny Hammock (NMLS #656295), Mortgage Loan Officer at CBC Bank, to help first-time buyers understand what to expect and how to prepare with confidence.
Whether you’re months away from buying or just starting to think about it, this episode provides practical guidance to help you avoid common pitfalls and move forward informed.
How Far in Advance Should You Prepare to Buy a Home?
According to Hammock, prospective buyers should begin preparing four to six months before purchasing a home. This preparation period allows time to save money, review credit, and position yourself for the best possible loan terms.
Savings and liquid assets matter not only for your down payment but also for reserves, which can impact both loan approval and interest rates.
Credit Habits That Matter More Than You Think
Your credit profile plays a major role in qualifying for a mortgage and determining your rate. Brittny emphasizes a few key habits:
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Make all loan and credit card payments on time
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Keep credit card balances low
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Avoid opening new accounts before applying
Lower balances improve both your credit score and your debt-to-income ratio, which lenders use to evaluate affordability.
Understanding the Mortgage Process
As a mortgage loan officer, Brittny Hammock handles:
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30-year and 15-year conventional mortgages
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FHA, VA, and USDA loans
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Refinances, including construction loans
One of the most common delays she sees is underestimating documentation requirements. Having W-2s, pay stubs, and tax returns ready can allow a loan to close in less than 30 days.
Life changes such as switching jobs, selling a business, or co-signing loans can require additional documentation and may impact your ability to qualify later.
The True Cost of Monthly Payments
Many buyers focus only on the loan amount and overlook property taxes and homeowners insurance, which are typically escrowed into the monthly payment. These costs have increased in recent years and can significantly affect affordability if not planned for ahead of time.
Working with a local lender can help buyers better estimate these costs before committing.
Why Working with CBC Bank Makes a Difference
CBC Bank’s mortgage team is focused on guiding customers through the process in the simplest and easiest way possible. Because they are local, they understand area-specific property taxes and market conditions.
Brittny encourages buyers to reach out early — even before they’re ready to purchase — to get pre-qualified and ask questions. She makes herself available by phone and believes communication is key to a smooth closing.
In a market where rates fluctuate, she notes that while rates are lower than they were a year ago, timing matters — and preparation puts buyers in control.
Start the Conversation
If you’re thinking about buying your first home, CBC Bank is ready to help.
📞 Call 229-242-7600
📍 Visit a CBC Bank branch in Valdosta, Hahira, Tifton, Moultrie, or Baytree Road
🌐 Learn more at cbcbank.com
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Commercial Banking Company is a Member FDIC and Equal Housing Lender. The views expressed in this podcast are for informational purposes only and are not financial advice. For current rates, terms, and product details, please visit CBCBank.com or your local CBC Bank branch.