Financing

In todays ever changing mortgage climate, it is more important than ever to understand the different financing options available to you.  Keep in mind as you look through the various options, that the interest rate makes a greater difference in your monthly payment than the sale price and downpayment do.  I am happy to explain the various finance options to you in person.  Please let me know how I can help.

Outside of Frederick there are some other important National websites you should visit when searching for Financing.  These can be found directly through my website.

Federal Housing Administration (FHA)
The Federal Housing Administration (FHA) is an agency of the federal government that insures private loans that are issued for new and existing housing.   This agency also makes sure that loans are approved for repairs too.  To find out if you are eligible for an FHA-insured loan, contact me today!

Mortgage Bankers Association of America - Consumer Information
The Mortgage Bankers Association of America is the main association that represents the Real Estate Finance Industry. This consumer information site contains several guides for purchasing or refinancing a home.

Freddie Mac Homebuying Education
Freddie Mac is a publicly held company designed by Congress to help to increase the supply of funds that mortgage lenders can make available to homebuyers and investors.  This website has step-by-step tutorials on the homebuying process, as well as a lot of useful information!

If you have any questions about Financing please contact me! I look forward to hearing from you soon!