Call Tom (443) 417-2402
  • Facebook
  • Instagram
  • Facebook
  • Instagram
First Home Mortgage - Tom Cumpston
  • Home
  • About Us
  • Purchase
  • Refinance
  • Pre-Qualify
    • Purchase Pre-Qualification
    • Refinance Pre-Qualification
  • Calculators
  • Knowledge Center
  • Contact Us
Select Page
Property Appraisal, Buying a Home, and Your Mortgage

Property Appraisal, Buying a Home, and Your Mortgage

by First Home Mortgage | Sep 27, 2020 | New Home Financing

When you are buying a home, a property appraisal is one of the last hurdles on the road toward a successful closing. Understanding the appraisal process and how it affects your home sale or purchase will help you through the waiting period as you prepare for and face...
Mortgage Points – What are they and when should you buy them.

Mortgage Points – What are they and when should you buy them.

by First Home Mortgage | Aug 12, 2020 | New Home Financing

As you find a Lender and move closer to closing, one question you will need to answer is whether or not you plan to pay points on your mortgage. Before making this decision, you need to understand what points are and how they affect your mortgage and closing costs....
Do ARM 5/1 Loans Offer the Best Rates?  The Ins and Outs of ARMs and How To Determine If They Are Right For You.

Do ARM 5/1 Loans Offer the Best Rates?  The Ins and Outs of ARMs and How To Determine If They Are Right For You.

by First Home Mortgage | Aug 5, 2020 | New Home Financing

An adjustable-rate mortgage, or ARM as they are better known, is a mortgage type that allows the interest rate on the home loan to change. An ARM 5/1 is a type of ARM that locks in an interest rate for the first five years of the loan. After that locked-in period, the...
Saving for a Down Payment.  How Much do You Need to Save?

Saving for a Down Payment.  How Much do You Need to Save?

by First Home Mortgage | Jul 5, 2020 | New Home Financing

Conventional wisdom says that you need to save 20 percent of your home’s value for the down payment when you are buying a home, but this conventional wisdom is no longer an absolute. While a 20 percent down payment would be nice, it is not a necessity, and, for...
Millennials and Home Buying

Millennials and Home Buying

by First Home Mortgage | Jan 2, 2020 | New Home Financing, Real Estate

According to the National Association of Home Builders, Millennials, those born in 1980 and later, are a large majority of the home buying market. In fact, 68 percent of Millennials are currently hoping to buy a single-family home. With Millennials currently numbering...
Boomers and Seniors and The Real Estate Choices They Make

Boomers and Seniors and The Real Estate Choices They Make

by First Home Mortgage | Dec 23, 2019 | New Home Financing

When it comes to real estate, one’s generation will often dictate much of their real estate habits. From home size to location and even the type of home people are buying, a person’s generation plays a huge role in determining what type of home is right for their...
« Older Entries

Recent Posts

  • Top Design Trends In the Mid-Atlantic For 2021
  • New Home Trends for 2021 – What’s Hot and What’s Not.
  • Selling Your Home in Maryland During a Pandemic

Recent Comments

    Archives

    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • March 2020
    • February 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • Facebook
    • Instagram
    Copyright © First Home Mortgage Corporation. All Rights Reserved. Designed by Your Own Marketing Department