Can Bi-weekly Mortgage Payments Save You Money?
Can Bi-weekly Mortgage Payments Save You Money? Outside of a low-interest rate, there are very few ways to save money on your mortgage. On a fixed-rate loan, the payments remain the same month to month, but there is a surprising tactic you can use to save even more....
Top 10 Ways to Increase the Equity in Your Home
Your home is one of your largest investments, and the equity in your home is something you can potentially tap into if you need cash in the future. If you need to build that equity quickly, these 10 tips may help you do so. 1. Increase the Curb Appeal Curb appeal may...
Mortgage Down Payment Gift Rules
For home buyers struggling to come up with the money for a down payment, loving family members are often considerate enough to give them gifts to help. Gifts can help buyers come up with the big chunk of money they need to buy a home, but there are tax implications...
Mortgage Points – What are they and when should you buy them.
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....
Should You Buy Your Parent’s Home?
When mom and dad are ready to downsize or move to a home with less maintenance, you may have the option to buy their home. Doing so can save quite a bit of hassle for both them and you, limiting the need to enter the home selling or buying market. It can also help 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.
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...
Lender’s vs. Owner’s Title Insurance
Title insurance protects property buyers and their lenders against problems that may pop up with the title after the home sale is complete. While the title search will discover obvious issues, there is always a risk of hidden problems that can pop up after the...
Buying a Home vs. Renting. What are the advantages?
No matter where you are in life, one thing remains the same – you need a place to call home. You are going to have to decide whether it's more financially advantageous to buy a property or to rent one. Both renting and buying have their benefits and potential...
Saving for a Down Payment. How Much do You Need to Save?
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 many...
Request A Quote
Your New Loan is Just A Click Away
Request a Quote
Your New Loan is Just A Call Away
Featured Videos
Contact Us
Let us help you get started. Contact us today.
122 S Main St., Bel Air, MD 21014
This is not a commitment to lend. Terms and conditions of programs, products and services are subject to change. All loans are subject to credit approval and property appraisal. Certain restrictions may apply on all programs. First Home Mortgage Corporation of America, First Home Mortgage Services, and First Home Mortgage Company of Maryland are d/b/a's of First Home Mortgage Corporation. First Home Mortgage Corporation is licensed in Connecticut, Delaware, District of Columbia, Florida, Georgia Residential Mortgage Licensee (Lic. #23135), Indiana, Kentucky, Maine, Maryland, Massachusetts Mortgage Lender and Broker (Lic. #MC71603), Michigan, New Hampshire, Licensed by the New Jersey Department of Banking and Insurance, North Carolina, Pennsylvania, Rhode Island Licensed Lender and Broker, South Carolina, Tennessee, Vermont, Virginia, West Virginia. Equal Housing Lender. First Home Mortgage Corporation NMLS ID #71603 (www.nmlsconsumeraccess.org). Privacy Policy.