Mortgage Equity Partners | Laurel, MD Branch
Home Loans, Mortgages, Refinance, Home Equity Loans
Fannie Mae and Freddie Mac offer $2500 credit for lower income families Fannie Mae and Freddie Mac have announced a $2,500 credit for low-income borrowers to make homeownership more accessible. Fannie Mae and Freddie Mac recognize that down payment and closing costs remain a significant barrier to homeownership for …
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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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Exciting announcement: Fannie Mae introduces 5% down payment opportunity for multi-family homes! Calling all aspiring Maryland real estate investors! Fannie Mae has made a groundbreaking policy shift to revolutionize your homeownership path. Starting November 18, 2023, they are rolling out a game-changing 5% down …
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What is a Bank Statement Loan? For non-traditional wage earners in Maryland who do not receive W2 forms, getting a mortgage to buy a home can be tricky. Traditional lenders often require W2 forms and tax returns as proof of income, which makes it difficult for self-employed individuals, freelancers, contractors, and …
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How to maximize your home equity The last few years have entirely reshaped the housing market, and for most homeowners, this has resulted in significant accumulated home equity. Home equity is the difference between what you owe on your mortgage and the market value of your home. The average homeowner has more than …
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