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Each member of our team is focused on delivering customer service that not only fulfills goals, but exceeds expectations. In the end, we provide the mortgage you need to make “Home” happen, but it’s the people who are always “First”. Since then, we have grown into a financial institution of 44 offices serving 21 states in the North Eastern, Mid Atlantic, and Southern regions. Although First Home continues to expand service locations, each of our locations is deeply rooted in their community and committed to helping local borrowers.
Equity is the amount of money your house is worth minus what you still owe. Every time you make a mortgage payment, the amount you owe reduces and increases overall equity. This is beneficial, because equity can be accessed and converted to cash.
Great Experience for a New Homeowner
Helping you with all the fine details of the home buying process is the mission ofArlene Dean. Whether you're looking to purchase or refinance, are a veteran or a first-time home buyer, Arlene has the professional services you need in a mortgage loan officer. Arlene's partnership with First Home Mortgage means she'll have you working with an experienced mortgage lender.
Then compare their mortgage APR to other banks, lenders, and mortgage brokers to see where they stand. The company has won numerous awards, including being named a top originator by Scotsman Guide, and a top producing lender in Maryland and Rhode Island. In the days leading up to settlement, you will be sent final documentation about your loan, including the Closing Disclosure. You must review, sign and return the paperwork a minimum of three days prior to your scheduled closing date. While buying a home can appear complicated, it is our job to ensure it is as seamless as possible.
Maryland
He has extensive knowledge in all programs for first time buyers to seasoned homeowners or investors. As manager of The My Home Mortgage Team, he oversees a highly motivated and professional staff of loan officers and processors. He is a graduate from the University of Maryland with a degree in Finance and Economics. Rob grew up in Queen Anne’s county on Kent Island and currently resides in Annapolis. Every year Rob supports the Cancer Survivorship Program annually as a Captain in the Fish for the Cure Tournament.
This will provide a better understanding to be in constant pursuit of your needs. Our team provides you with the information and programs you need to become a homeowner. Contact us today for the best down payment assistance and home loan programs available. From Maine to Tennessee, Michigan to Florida, First Home Mortgage has licensed professionals to help you accomplish your housing dreams.
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You can view the top rated loan officers at the company or search by name. Read on to learn more about this Baltimore-area mortgage lender that is all about home buying success. The first step toward a home purchase is getting pre-qualified for a loan. Your Loan Officer will review your financial information and determine how much you are qualified to borrow. As a pre-qualified buyer, your offer on a home is more likely to be accepted. Making monthly loan payments is evidence that you are a responsible borrower, which builds your credit history.
From pre-qualification to closing, we are committed to providing the right loan to finance your home. All the usual loan programs are available, including conforming loans backed by Fannie Mae and Freddie Mac, jumbo loans, and government-backed loans (FHA/VA/USDA). Their free mobile app also allows you to check your loan status at any time and view a list of required documents needed for approval.
Together, you will outline goals and assess your financial situation. This will provide a better understanding of the mortgage amount you may qualify for. His team patiently helped us in every way from helping us with paperwork till the time our application was approved by the underwriter. While they list their many loan programs online, they don’t list their mortgage rates. First Home Mortgage offers a wide range of loan programs, ranging from construction loans to cash out refinances. Their digital mortgage application is powered by ICE Mortgage Technology.
The team followed up to questions promptly and provided for all documents in an easy to manage way. While buying a home can appear complicated, it our job to ensure it is as seamless as possible. The loan process begins with an initial consultation with a Triangle First Home Mortgage Loan Officer. Together, we will outline goals and assess your financial situation.
Mark and his team were proactive and responsive throughout the mortgage process. Everything was explained thoroughly and any questions promptly answered. They definitely helped make the whole process less stressful. Rob was at all times, willing to go over the numerous pages of information with me.
The Homeowner Assistance Fund was established by the American Rescue Plan Act enacted on March 11, 2021, to help homeowners experiencing financial hardship after January 21, 2020. The Maryland Homeowner Assistance Fund will leverage and be supplementary to the loss mitigation tools that will be deployed by mortgage servicers. The program will create a long-term sustainable and affordable mortgage as opposed to short-term assistance without a clear outcome. Once you have found a home, you will make an offer to buy it from the seller. A real estate professional will conduct negotiations and a contract will be submitted to purchase, accompanied by the pre-approval letter. Once your offer is accepted, you will begin the application process.
You’ll also be able to access contact information and send that particular loan officer a message. They also do quite a bit of business in nearby Virginia and D.C., with the rest spread out among the other states where they’re licensed. First Home Mortgage is a retail, direct-to-consumer mortgage lender that was founded in 1990 by current CEO David Waters. This can make the dream of homeownership more of a reality if your budget is stretched thanks to high home prices and not-so-low mortgage rates.
In summary, First Home Mortgage has lots of unique loan programs to choose from, physical branches, the latest tech, and thousands of excellent reviews. You can also find these reviews when browsing the loan officer directory on the First Home Mortgage website. Once you get a quote, take note of any lender fees attached, such as a loan origination fee, or separate charges for processing and underwriting. Instead, you’ll need to connect with a loan officer to obtain pricing. This is generally a good idea anyway to get a solid rate quote. Once you’ve applied, you can access the borrower portal at any time to see where you’re at in the process.
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