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Why Your Mortgage Has an Escrow Account and How It Works for You

Why Your Mortgage Has an Escrow Account and How It Works for You

by Mark Maldonado | May 15, 2025 | Mortgage Tips

When you close on a home loan, you’ll likely hear the term “escrow account” mentioned—and if you’re like most buyers, you may not be entirely sure what it means. While it might sound complicated, an escrow account is a helpful tool that...
Creative Ways to Finance a Home Renovation with Your Mortgage

Creative Ways to Finance a Home Renovation with Your Mortgage

by Mark Maldonado | May 14, 2025 | Mortgage Tips

Renovating a home can be an exciting yet costly endeavor. Whether updating an outdated kitchen, adding more living space, or improving energy efficiency, homeowners often seek financing options that make renovations more affordable. One strategic way to fund home...
The Rise of Mortgage Payment Protection Insurance

The Rise of Mortgage Payment Protection Insurance

by Mark Maldonado | May 13, 2025 | Mortgage Tips

For many homeowners, a mortgage is one of the largest financial commitments they will ever undertake. With economic uncertainty, job market fluctuations, and unforeseen life events, many borrowers seek additional safeguards to ensure they can meet their mortgage...
What’s Ahead For Mortgage Rates This Week – May 12th, 2025

What’s Ahead For Mortgage Rates This Week – May 12th, 2025

by Mark Maldonado | May 12, 2025 | Financial Reports

Over the weekend, the recent talks with China and the U.S. about the recent tariffs have been said to be making progress recently in Geneva, leading to restoring some stability across all sectors and markets. The prior week, the FOMC decided not to change the rates...
Explaining Mortgage Options for Self-Employed Borrowers with Irregular Income

Explaining Mortgage Options for Self-Employed Borrowers with Irregular Income

by Mark Maldonado | May 9, 2025 | Mortgage Tips

Securing a mortgage can be challenging for self-employed borrowers, especially those with irregular income. Traditional lenders typically rely on W-2s and steady paychecks to assess financial stability, which can make qualifying more complex for business owners,...
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Federal Hill Mortgage Company, LLC is a broker and lender licensed in MD, DE, PA, VA, DC, NC & FL.

Company NMLS #176351. Equal housing lender.

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