Below is a reference guide for common scenarios in the mortgage lending world and info on loan limits, low and no-money down loan options, as well as common mortgage terms.2025 Loan Limits (1-Unit Property ...

With the sharp rise in interest rates, the assumable loan is coming back on the real estate scene. An assumable mortgage allows a buyer to purchase a home by taking over, or assuming, the seller’s mortgage ...

All homebuyersknow they should get a home inspection, but a common misconception is that yourhome inspector will also cover inspecting for termites. While home inspectorsmake a notation in the home inspection ...

Mortgage insurance is an additional cost that buyers will have to budget for in their total monthly costs when they are not able to put 20% or more down on the purchase of a home. Referred to as MI or ...

The appraisal of a home is an important step in the real estate process, one that can certainly make or break a deal.An appraisal is a valuation of a property done by a professional, licensed individual ...

Demand has been very strong in the Ocean City market over the past month due to both being in our spring market (although somewhat postponed due to covid-19) and historically low interest rates.With some ...

The appraisal of a home is an important step in the real estate process, one that can certainly make or break a deal. An appraisal is a valuation of aproperty done by a professional, licensed individual ...

The Maryland Mortgage Program (MMP) is a home loan program that can open up the door to homeownership for many Marylanders who wouldn’t otherwise beable to afford to buy their first home. This program, ...