Location
Maryland
Phone: 410-963-2308
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203K home loans in Maryland are not as complicated as one might think. They can provide many advantages for the home buyer as shown below: There are home buyers who… Are interested in purchasing a property that needs repairs Are existing homeowners who need funds to rehabilitate their property Want to save time and money by financing the [...]
Academy Mortgage Corporation presents a FHA 203K Seminar on November 3, 2011 from 8:30am to 11:30am. The seminar will be held at the Greater Baltimore Board of Realtors: 1306 Bellona Ave; Lutherville, MD 21093. Mike Wilcox, Academy National Renovation Sales Manager, will be speaking about “the myths and truths of the 203K loan and how [...]
An FHA 203k loan is an awesome program if you are planning to purchase a Maryland foreclosure that needs a some rehab work. Even though there are some great deals on Maryland foreclosures, many people are hesitant to explore that option due to the amount of repairs and initial investment involved with purchasing a bank [...]
Mortgage rates have reached a historical low. Now is the perfect time to refinance. Rates are as low as 4.125 for 30 year and 3.75 for 15 year mortgages in Maryland. This the best time to see how much $$ you can save! For more information, please contact Bill Sohan at Academy Mortgage at 410-963-2308 or bill.sohan@academy.cc [...]
Loan limits are most likely changing as of October 1, 2011. Unless congress acts before then, the maximum amounts for high balance loans will be reduced per the attached schedule for the counties in Maryland. This is effective for both Conventional and FHA loans. There is also a possibility that the conforming limit of 417,000 [...]
Why does everyone say that 203K loans never close? While it is true that 203K loans take longer and require a bit more work, they can and do close every day in Maryland. It is essential that all parties involved understand the 203K process and have experience working with this product. Your agent should advise [...]
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