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Home appraisal reports are getting an update. Fannie Mae and Freddie Mac are transitioning to UAD 3.6, a new appraisal reporting standard designed to create a more standardized, data-driven, and consistent way to report property and market information. While UAD 3.6 may sound technical, the idea behind it is simple: modernize how appraisal information is […]

For 36 years, First Home Mortgage has been helping Maryland families achieve homeownership. Today, we’re proud to share another milestone in that story. According to the latest rankings from the Baltimore Business Journal, First Home Mortgage has been named the largest residential mortgage lender in the Greater Baltimore area, originating more than $658 million in […]

If you’re buying a home with a VA loan, you may hear about something called the VA Escape Clause. Unfortunately, it’s one of the most misunderstood parts of the VA loan process. Some buyers worry it makes their offer less competitive. Some sellers and agents assume it’s an added obstacle. In reality, the VA Escape […]

If you’ve been watching mortgage rates lately, you’ve probably noticed they haven’t moved dramatically. At the same time, they also haven’t come down as many buyers and homeowners were hoping. So what’s keeping rates elevated? Here’s a look at the biggest factors influencing today’s mortgage market. The Economy Is Holding Steady, but Inflation Remains the […]

Home Financing Designed for Medical Professionals A Mortgage Program Built Around Your Career Medical professionals dedicate years to education and training before beginning their careers. While the future earning potential is often strong, buying a home during residency, fellowship, or the first years of practice can feel out of reach. Between student loan debt, starting […]