Thanksgiving and homeownership: a time for reflection, gratitude, and growth Thanksgiving is a time to reflect on what we are thankful for, to gather with loved ones, and to share in the warmth of home. For many, it's a holiday steeped in tradition—cooking family recipes, watching the parade, playing football in the …
A guide to VA loans for veterans
Celebrating Veterans Day: a spotlight on VA loans for our heroes As we gather to honor and celebrate Veterans Day, it’s a moment to reflect on the sacrifices made by the brave men and women who have served in our armed forces. One of the most significant ways we can support our veterans is by ensuring they are aware …
7 key factors for refinancing
Is now a good time to refinance? Refinancing can be a good financial move depending on several factors, such as interest rates, your credit score, and your long-term financial goals. Right now, interest rates have fluctuated due to recent changes in the economy, so the best time to refinance is when you can secure a …
Cash Ready Plus Buyer program (TBD Underwritten Pre-Approval)
What is a TBD Underwritten Mortgage Approval? A “TBD underwritten mortgage approval” is a fully underwritten loan commitment in which an underwriter provides conditional approval for a mortgage loan even before the borrower has chosen a property. With a TBD or “To Be Determined” underwritten mortgage approval, some of …
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Chenoa Fund down payment assistance
How does the Chenoa Fund work? The Chenoa Fund provides second mortgages to be used with FHA loans to cover the minimum down payment requirement when purchasing an FHA-insured home. In effect, pairing the DPA with an FHA loan requires no money from the borrower, and the entire cost of the house is financed. The …
Maryland Housing down payment assistance programs
The 1st-Time Advantage line of programs is only available for first-time homebuyers unless they purchase in a targeted area. Maryland's targeted areas are determined by the US Census Bureau and are areas with fewer restrictions for homebuyers using Maryland Mortgage Programs. A borrower is considered a first-time …
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