Mary Kamelle

What is the benefit of down payment assistance? DPA is one of the best tools homeowners have in today's market to make homeownership more affordable for Maryland Residents. These programs provide a possible solution to help homebuyers who need financial support. With a shortage of affordable housing across the …

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What is a home appraisal? A home appraisal is an objective opinion of the home’s value performed by a licensed professional. Since the appraisal is related to the home value and loan amount, it can impact your loan's down payment and interest rate. An appraisal that comes in too low can cause the transaction to be …

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The importance of your credit score when applying for a mortgage When applying for a mortgage for your new home in Maryland, your credit score will significantly impact the interest rate you are offered and your ability to qualify for a loan. Credit scores are important numbers that influence everything from the …

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Maryland Mortgage Programs The Maryland Mortgage Program has some extremely generous mortgage programs with down payment assistance (DPA) and flexible qualifying guidelines to make owning a home affordable for more borrowers in Maryland. The programs include conventional and government loan options for first-time …

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Why should you get pre-approved now before the spring market? The spring season is historically one of the busiest times for buying property and getting a pre-approval in Maryland. As the weather gets warmer and the days get longer, the property market heats up, and so does the competition. Homebuyers must be …

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$400 Million housing bond issued to support affordable housing for Maryland first-time homebuyers The Maryland Department of Revenue announced that the Maryland Department of Housing and Community Development issued the most significant mortgage revenue bond in the agency’s history. The $400 million bond from the …

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