Mary Kamelle

Summertime is the best time for renovations Summer's here in Maryland, and it's the perfect time to give your home that much-needed makeover. If you're a homeowner dreaming of upgrades, renovation home financing, a cash-out refinance, or a Home Equity Line of Credit (HELOC) could help you achieve your renovation …

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Refinancing your mortgage-discover the benefits Refinancing your mortgage can be a strategic move to improve your financial health. There are various reasons to consider refinancing for Maryland homeowners. You may want to consolidate debt and free up monthly cash flow or access your equity for home upgrades or some …

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Understanding home loan basics Do you know what a mortgage is? There are a lot of moving parts when it comes to getting a Maryland home loan, but do you really know what each term means and how it impacts you as a homebuyer? Understanding the basic terms in advance can make the process less stressful and help you feel …

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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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What is mortgage insurance? Mortgage insurance, or MI, gives eligible Maryland homebuyers the flexibility of making a smaller down payment by lowering the risk to the lender originating the loan. Without mortgage insurance protection, lenders normally require a borrower to make a down payment of at least 20% of the …

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