We Can Help
At Home Mortgage Enterprise, a one day mortgage is possible! Instead of waiting weeks, now you can lock a rate, share some financial info, and get a loan Commitment Letter within 24 hours.
Our team of experienced professionals is dedicated to helping you to find affordable mortgage options. Let us do the work for you.
Home Financing Solutions
Hard Money Loans
Hard money loans, also called bride loans, are secured, short-term loans often used to finance a home purchase. Real estate investors commonly rely on hard money loans to manage multiple flip projects. Hard money loans deliver cash quickly but at a higher interest rate compared to other types of financing.
Hard money loans are a way of borrowing funds over the short term. They’re especially popular with real estate investors, but they can also be a good tool for borrowers with assets, but poorer credit. Hard money loans are usually funded by private lenders or investor groups, rather than banks.
First-Time Homebuyer Programs
First of all, a first-time homebuyer isn’t necessarily someone who has never owned a home. Anyone who has not owned a home in the past three years is also considered a first-time homebuyer in Maryland and elsewhere.
Many grants, special loans and down payment assistance programs are available to borrowers looking to buy their first home.
The Maryland Mortgage Program allows honorably discharged veterans who haven’t previously used their first-time buyer exemption and buyers in targeted areas of the state to apply for some of its first-time buyer programs even if they are repeat buyers.
Purchase and Refinance Loan Programs
Our customized home loan options will help you purchase or refinance your new or existing home, vacation home, or investment property.
- Fixed Rate Mortgages
- Adjustable Rate Mortgages
- Jumbo Loans
MORTGAGE APPLICATION CHECKLIST
The Mortgage Application Checklist will give you a list of all the documents needed to apply for a Mortgage. **ATTENTION** Check out the current mortgage interest rates below, following a mortgage calculator tool to give you a rough estimate of your options. Consult our advisors for more details.
Mortgage Broker vs. Loan Officer: Which Is better?
Getting a home loan is a big financial decision. This is why it’s important to work with someone who can get the lowest rate and best terms on your mortgage. When looking for a mortgage, you’ll need to choose between a Mortgage Broker and a Loan Officer. Each one can help you get a loan, but there are key differences between them.
What Is a Loan Officer?
A Loan Officer is an employee of a lender who helps borrowers apply for mortgages to buy or refinance their homes. They can only recommend the mortgage programs offered by their bank/lender. If those programs aren’t a good fit, then you’ll need to contact another lender to find one that does.
What Is a Mortgage Broker?
A Mortgage Broker acts as a negotiator connecting borrowers with multiple direct lenders. They are independent entities and not constrained to any one carrier. Since Mortgage Brokers aren't tied to any specific lending institution, they can offer a diverse range of loan products, to meet your unique needs. It's important to work with an agency that is an expert on multiple products, companies, and guidelines.
You decide which is better.
Helping You Make it Home
First class is not a seat on an airplane, it’s how we treat our customers.