Home Loans in Virginia, Maryland, SC, GA, & DC

Purchasing a home is a big life achievement for many people.If you are planning on purchasing a home in Virginia, the Virginia Housing Development Authority (VHDA) works with lenders in the state to make homeownership achievable for residents. First-time homebuyers can take advantage of programs ...

There are several reasons buying a home in spring is better than other times of the year.It also brings more houses to the market, making it an ideal time to take that leap and buy your new home.Call me Today!Lisa PerrySenior Loan Officer P  703.259.8633   M  540.273.2733   F  571.303.1084E  lper...

As you’re shopping for the best loan program for your financial situation, you may – and probably should – apply to multiple lenders. This is the best way to compare options from different lenders head to head. After all, this is a huge life and financial decision, and you want to have both an ex...

What LTV Ratio Requirements for Common Loan Programs Steps that will help you budget for your next home and get a rough estimate of how much you should expect to pay as a down payment. FHA loans allow for LTV ratios up to 96.5%, with down payments as low as 3.5%. VA (Veterans Affairs) loans allow...

Closing costs are the fees and charges in excess of the purchase price of the property due at the closing of a real estate transaction. In addition to your down payment, it’s important to also save for closing costs. Call me Today! Lisa Perry Senior Loan Officer P 703.259.8633 M 540.273.2733 F 57...

Every market is unique, so we recommend utilizing a local, expert team, including an experienced real estate agent and loan officer. Call me Today!Lisa PerrySenior Loan Officer P  703.259.8633   M  540.273.2733   F  571.303.1084E  lperry@fhmtg.com   W  LisaPerryLoans.com Source:https://bit.ly/3LS...

What Types of Homes Qualify for USDA Loans?The most important thing when considering a USDA home loan is making sure the property you want to buy is eligible and located in a qualifying area of the country.USDA loans allow you to buy several different types of homes, but it’s important they fit t...

When it comes to selling your home, you probably want to follow the same advice most of us have heard about the stock market: buy low and sell high. Source: https://bit.ly/39qj4F5 Call me Today!Lisa PerrySenior Loan Officer P  703.259.8633   M  540.273.2733   F  571.303.1084E  lperry@fhmtg.com   ...

 Are you considering whether mortgage forbearance is right for you? Be sure to weigh the possible positive and negative outcomes of entering a mortgage forbearance agreement. Pros of Mortgage ForbearanceMay allow you to avoid foreclosure and stay in your home.Provides time to address a short-term...

 Mortgage forbearance is when your lender or mortgage servicer allows you to temporarily pause or reduce your payments for an agreed upon timeframe. This timeframe is called the forbearance period.A forbearance is meant to help homeowners through a short-term financial hardship so they can get cu...