Mary Kamelle

Are you struggling to keep up with high-interest expenses? Maybe you have credit card debt and are fighting to pay it off monthly. One option you may want to consider is a cash-out refinance. Refinancing can allow you to access funds from your home’s equity to pay off these expenses at a lower interest rate than your …

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Mortgage rates in Maryland change a lot. They can move up or down throughout the day. They can be subject to many things, from the Federal Reserve (The Fed) announcing a rate increase to events occurring in the US or worldwide. You may have a conversation with your loan officer today only to learn that the rate you …

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Down Payment Assistance programs in Maryland help first-time homebuyers Down Payment Assistance programs, or DPAs, help first-time homebuyers cover some of the costs associated with a down payment and upfront closing costs. When purchasing a home, you typically need to put money down equal to a percentage of the …

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A 2/1 buydown loan is a loan with a reduced payment for the first two years of the loan, and then the third year of the loan, the payment will rise to its note rate. So, you get a lower mortgage payment during the first two years. The 2-1 buydown program has been very popular with borrowers in Maryland, where home …

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