Maryland FHA Refinance
If your current home has a FHA home loan then let us see if an FHA refinance meets your needs.
Get a FHA Refinance Quotes
FHA Cash Out Refinance
An FHA Cash-Out Refinance is a first mortgage that does not exceed the Government FHA loan limit and maximum LTV for FHA loans in the property area . Typically, the standard cash-out maximum mortgage calculation is up to 85% of the home's value. Cash out" is defined when either cash-in-hand exceeds $500 or non mortgage debts/non seasoned liens are being paid at closing.
FHA Streamline Refinance
An FHA streamline refinance must result in a benefit to homeowner. In addition, a borrower cannot be delinquent on the current FHA loan. There can not be more than $500 in cash from the refinance and teh previous loan must be at least six months since issued. The new loan cannot increase from the original loan amount to cover closing costs.
FHA Rate and Term Simple Refinance
An FHA Simple Refinance is also commonly referred to as a Rate and Term Refinance. The Refinance will pay off the previous loan on the property and likely will also include the cost associated with the new loan.
FHA 203K Rehabilitation Loan
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MD FHA refinance assistance.
Let us help you with your Maryland FHA refinance. Reach out to us.
Professional Rate Quotes and Service
Professional assessment
Once you request a rate quote our licensed loan originators will review your information and help assess what program may work best for your needs.
Competitive rates
After the review of your current loan and financial situation you will be able to determine if a refinance will work for you. Once the proper program is chosen and you decide to move forward, you will receive a loan estimate.
Customer Satisfaction Is Our Goal
Freedmont Mortgage®, a division of NFM Lending, has set the standard for trust, honesty, and integrity in the industry for nearly two decades. As one of the oldest licensed mortgage firms in the Mid-Atlantic area, we have the experience and reputation to assist homeowners and homebuyers in a variety of situations. We take pride in helping our clients and assuring they will gain a better understanding of the mortgage process.
Location
375 West Padonia Rd., Suite 201, Timonium, MD 21093
Email
mgrossblatt@firsthome.com
Call
443-332-6626
First Home Mortgage Corporation
375 West Padonia Rd., Suite 201, Timonium, MD 21093
NMLS #71603
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This website is for informational purposes only. This site is not affiliated with the VA, FHA or any other Government agency. All information contained herein is subject to change at any time. By submitting your contact information you also expressly consent to having us and unaffiliated real estate professionals contact you about your inquiry by text message or phone to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state or national Do Not Call Registry. If you do not want anyone to contact you, do not submit your information. Make sure you understand the features associated with the loan program you choose, and that it meets your unique financial needs. Subject to Debt-to-Income and Underwriting requirements. This is not a guarantee to extend consumer credit as defined by Section 1026.2 of Regulation Z. Programs, interest rates, terms and fees are subject to change without notice. All loans are subject to credit approval and property appraisal. Refinancing your current mortgage loan could result in the total finance charge to be higher over the life of the loan. 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, 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. First Home Mortgage Corporation NMLS ID #71603 (www.nmlsconsumeraccess.org). © 2024. You expressly agree to this site's
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