Mortgage Equity Partners | Maryland Branch
Home Loans, Mortgages, Refinance, Home Equity Loans
What are the advantages of an escrow holdback? Purchasing a home can be an exciting experience. Still, it also comes with challenges, especially when dealing with a delayed closing due to repairs and improvements discovered during the homebuying process. Sometimes, the loan closing could be contingent upon these …
Continue Reading about What is an escrow holdback, and how can it benefit you?
$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 …
Continue Reading about $400 million housing bond issued to support affordable housing in Maryland
Reverse mortgages have become an increasingly popular option for older adults to use as a strategic financial tool for retirement. Reverse mortgages, also known as Home Equity Conversion Mortgages (HECM), are still a somewhat misunderstood mortgage product; however, if appropriately used, a reverse mortgage can unlock …
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 …
Continue Reading about Fannie Mae introduces 5% down payment opportunity for multi-family homes!
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 …
Continue Reading about How does a Bank Statement Loan work in Maryland?
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 …
Continue Reading about Maximizing your home equity in Maryland
Download our Mobile App:
