All About Buying a House in Aberdeen, MD

Busy? Have us call you back. Call Me Back

More Information

Get Familiar with the Lay of the Land in Aberdeen, MD

Ready to lay down some roots and buy a house in Aberdeen? Great idea! You selected a lively city with a great balance of parks, businesses, and educational opportunities, and we're here to help the home purchase process go a little smoother. We support 3.8 million customers from coast to coast and have the inside scoop on Aberdeen's housing scene.

Given all of Maryland's growth, Aberdeen homes aren't always easy to find at a comfortable price. Continued cultural expansion and economic growth have helped to beckon retirees, new businesses, and young families to the Aberdeen area, but so much change also means a strain on housing options, school capacities, and city roads. Even so, Aberdeen and the surrounding areas still offer a variety of home types and prices. You can find duplexes, single-family homes, townhomes, condos, and (ideally) your perfect home! When buying a home in Aberdeen, consider how near or far away the home is from the places you visit most. If possible, test drive your route to work, school, and the grocery store. Your house's location will affect everything, from your morning routine to how you spend your evenings. Traveling around Aberdeen will also give you an idea of why homes in west Aberdeen are priced differently than homes in east Aberdeen, what the communities are like, and where to find Aberdeen's coolest attractions.

Are your finances in the right place to buy a home in Aberdeen? Reach out to a Mr. Cooper Mortgage Professional if you don't know how to go about answering that question. We believe everyone can find their dream home and work to make the journey less worrisome and more rewarding every step of the way. You could choose to buy a home in Maryland or elsewhere. We work with experienced homeowners and first-time homeowners alike. Start with the following steps to help you figure out if your finances are in the right place to buy a house in Aberdeen.

First, calculate how much house you can afford. This will help you set a price range while house shopping in Aberdeen. Then, add up the potential monthly payments (including home repairs, insurance, homeowners association fees, property taxes, etc.). It's okay if these numbers are educated guesses. Everyone's situation will differ, but a quick online search for average expenses in Aberdeen will usually point you in the right direction. Keep in mind that a mortgage payment could make up the majority of most homeowners’ monthly household expenses.

Then, look at how much money you can put toward a down payment. Placing a minimum of 20% down can boost your chances of getting a great rate and will allow you to avoid private mortgage insurance (PMI). Even so, the minimum down payment requirements depend on the type of loan. This is where getting prequalified for a mortgage comes in handy. Prequalification points you in the right direction as far as how much you may be eligible to borrow. Also, check your credit. Lenders place a high importance on credit history when looking at your mortgage application. You may be presented with more mortgage options if you have healthy credit— and options are always a good thing!

Make Your Move: Buy a Home in Aberdeen, MD

As common as moving is, you'd think we'd all have figured out a less stressful way to do it. And yet, it remains a top stressor in life! But moving can also be incredibly rewarding, especially when you get to live in an amazing city like Aberdeen. Contact Mr. Cooper as you get ready to buy a house in Aberdeen. We're here for you every step of the way and Mr. Cooper® Real Estate Rewards can even put you in touch with a vetted real estate agent who can potentially help you save thousands of dollars.*

Mr. Cooper Customer Reviews for Aberdeen, MD

Read actual reviews from actual Mr. Cooper customers in Aberdeen, MD. Then call us to see how we can help you.

Make buying or selling a Aberdeen home easier.

Work with Mr. Cooper and get the support you need to make the home buying or selling process smoother.