Tag Archives: CDA

Refinancing Options

I wrote a earlier this month about a Maryland CDA “Lifeline Refinance” as a way out of your adjustable rate loan, or your negative amortization loan. There is another option — good ol’ FHA. We haven’t seen much of FHA loans … Continue reading

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Refinancing Out of an Exotic Mortgage

Did you get an loan with a balloon payment in order to afford your house? Maybe you have a loan with negative amortization, or a loan with an adjustable interest rate. If you are a Maryland homeowner, have one of these “exotic” loans, and you’re … Continue reading

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Lender Gets TOO Involved

Usually, when a home inspection is done on a property, the buyer makes up a list of repairs that they would like the seller to complete prior to settlement. Then a negotiation starts, until both parties are in agreement. Usually, … Continue reading

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Below Market Interest Rates

For those of us who remember 17% interest rates, today’s interest rates still seem like a bargain. That’s little comfort for buyers who have watched rates climb steadily for the past three weeks. However, the State of Maryland has a … Continue reading

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