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How to Leverage Down Payment Assistance (DPA) Loans for Your Home Purchase

How to Leverage Down Payment Assistance (DPA) Loans for Your Home Purchase

by Mark Maldonado | Jul 30, 2024 | Mortgage

Purchasing a home is a significant milestone, but the process can be intimidating, especially when it comes to saving for a down payment. Fortunately, Down Payment Assistance (DPA) loans offer a solution that can make homeownership more accessible. Let’s discuss...
What’s Ahead For Mortgage Rates This Week – July 29th, 2024

What’s Ahead For Mortgage Rates This Week – July 29th, 2024

by Mark Maldonado | Jul 29, 2024 | Financial Reports

Following the release of the PCE Index figures, which the Federal Reserve prefers as its key inflation metric, the data indicates a slight increase in inflation for the third quarter. Nonetheless, market sentiment remains unchanged, and the prediction that the Federal...
What’s Changed in the Industry? The Post-COVID Mortgage Landscape

What’s Changed in the Industry? The Post-COVID Mortgage Landscape

by Mark Maldonado | Jul 26, 2024 | Mortgage Rates

The COVID-19 pandemic reshaped many industries, and the mortgage sector was no exception. As we move further away from the pandemic, the mortgage industry continues to adapt, reflecting new economic realities, regulatory changes, and shifts in consumer behavior. For...
Fixed vs. Graduated vs. Interest-Only Mortgage Amortization

Fixed vs. Graduated vs. Interest-Only Mortgage Amortization

by Mark Maldonado | Jul 25, 2024 | Mortgage

When selecting a mortgage, one of the most critical decisions is choosing the right amortization schedule. This choice significantly impacts your monthly payments and the total interest you’ll pay over the life of the loan. Here, we’ll compare three common...
Financing Home Improvements with Renovation Loans

Financing Home Improvements with Renovation Loans

by Mark Maldonado | Jul 24, 2024 | Construction Loan

As a mortgage originator, I often encounter homeowners and buyers looking for ways to finance their home improvement projects. Renovation loans offer a fantastic solution, enabling you to upgrade and personalize your home while incorporating the cost into your...
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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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