Posts By Bill Sohan


Location


Maryland

Phone: 410-963-2308

Posts

VA Mortgage Loans in Maryland

VA Mortgage Loans in Maryland A VA (Veterans Administration) guaranteed home loan is the preferred loan program for active, non-active, Reserve, National Guard, and retired military of the armed forces because there is no down payment needed and no private monthly mortgage insurance required in Maryland. VA mortgage loans can be used towards purchasing a [...]

Maryland 203K FHA Mortgages

On April 6, 2011, in Mortgage Payments, Mortgage Programs, Mortgage Rates, Tips And Advice, by Bill Sohan

Here are a few quick bullets that outline the guidelines for the different types Maryland 203k FHA mortgages. For more information about a Maryland FHA Mortgage, Loan Limits, or FHA guidelines, please feel free to contact me directly. Bill Sohan 410-963-2308 —————————————– FHA 203K REHAB – Maryland —————————————– This loan allows a customer to finance [...]

Top 8 Things To Ask Your Lender During The Application Process in Maryland

Knowing what questions to ask your Maryland lender during or before the loan application process is essential for making your mortgage approval process as smooth as possible. Many borrowers fail to ask the right questions during the mortgage pre-qualification process and end up getting frustrated or hurt because their expectations were not met. Here are [...]

Maryland Home Buyer Seminar

Come to our Maryland Home Buyer Workshop on April 5th or April 7th at 7pm.  In just 60 minutes, you will receive the knowledge you need to buy in today’s market. Prospective buyers in Maryland will receive a realistic preliminary estimate of costs and required down payment and a mortgage pre-approval letter you can take to [...]

Using FHA 203K Loans to Sell More Homes In Maryland

On February 8, 2011, in Home Buying Process, Mortgage Programs, Real Estate, Tips And Advice, by Bill Sohan

 The FHA 203K Rehab Loan allows you, the Maryland Real Estate Agent, to offer your clients a way to sell and market their home to potential buyers in a different fashion.  It also allows you, as the buyer’s agent, a way to offer your client some options in the event their complaint is the color [...]

What do Maryland FHA Appraisers Look for To Determine the Value of a Home?

On February 6, 2011, in Home Buying Process, Real Estate, Refinance Process, Tips And Advice, by Bill Sohan

Most people are surprised to learn what Maryland  appraisers actually look at when determining the value of a real estate property. A common misconception Maryland homeowners generally have is that the value of their home is determined after the appraiser has completed their physical property inspection. However, the appraiser actually already has a good idea [...]

Different Types of 203K Loans in Maryland

There are two different types of 203K Loans available to borrowers in Maryland.  They are a Streamline 203K and a Full 203K.                                  Some characteristics of a Maryland Streamline 203K are: Limits the types of repairs that can be done, but there is less documentation involved Can go up to $35,000, which must include the contingency [...]

Maryland FHA 203K Perks

FOR BORROWERS IN MARYLAND WHO: Want an alternative to a 2nd mortgage Are looking for a cost effective way to repair or improve their current home in Baltimore Plan to purchase a home with repair contingencies in Maryland Want to rehab a damaged foreclosure in PG County Maryland WHY IS FHA 203K A GOOD IDEA [...]

First-Time Home Buyer Guidelines in Maryland

Getting a new mortgage for a First-Time Home Buyer can be a little overwhelming with all of the important details, guidelines and potential speed bumps. Since there are so many rules and steps to follow, here is a simple list of Do’s and Don’ts to keep in mind throughout the mortgage approval process: DO: Continue [...]

FHA 203K Loans In Maryland

Our Maryland FHA 203K financing can be a great opportunity if you are a Maryland homebuyer or homeowner looking to renovate a property.  Qualified Maryland customers planning to purchase or refinancing a home are eligible to use 203K loans for property renovations.  Below are some examples of how this type of financing can benefit Maryland homebuyers, current Maryland [...]