Nick Pakulla Mortgage Lender Loan Officer in Maryland (MD), the District of Columbia (DC), and Virginia (VA)

The stock market has had a tremendous start to 2013 reaching all-time record highs erasing losses from the 2008 crash and is continuing to set new record highs almost every day so far in March!  With an improving economic climate usually comes higher mortgage rates, but historically Maryland mort...

In a press release yesterday HUD confirmed several pending changes that will go in effect to help bolster FHA’s capital reserves.  The changes will make FHA more expensive for borrowers who are still considering purchasing using FHA, especially in places like Rockville, MD or Arlington, VA:   Cha...

For any buyers who are hesitant about purchasing with all of the recent talks about the fiscal cliff, I thought I would provide some insight into what completely losing the mortgage interest deduction would mean for home ownership.    Some of the mortgage related tax topics on the table right now...

Rockville Maryland mortgage rates fell to new all time lows yesterday.  On Friday July 6th a weaker than expected Employment Situation Report the stock market tanked and Rockville Md mortgage rates dropped to new record lows.  For example, best execution 30 year fixed mortgage rates are in the 3...

I recently replied to a question on Zillow about whether someone should buy now with a very little down payment using an FHA mortgage, or whether it made he more sense to wait until they had more money saved up for a larger down payment.  This is a very interest scenario to run, especially with R...

Hope the spring market is treating you well! With the active real estate market kicking into full gear our Community Bank can give your buyers the edge!  We offer the ability to close a loan in as little as 2 weeks and also offer second mortgage products that buyers can use to go non-contingent o...

FHA has announced several changes in the past few weeks leading to increases in the required mortgage insurance premiums making FHA much more expensive.  This will significantly impact areas such as Bethesda and Rockville MD. There are some very good alternatives that our Rockville Community Bank...

Yesterday FHA announced an increase in Mortgage Insurance premiums (the 4th time in 3 years) beginning on April 1, 2012.  This will have a big impact for locations like Rockville MD, or Bethesda MD.  Also, FHA posted a notice in the Federal Register last week regarding the implementation of a dec...

There are some very positive signs in the economy are emerging and Fed policies are keeping Rockville MD mortgage rates near historic lows. We strongly encourage spring buyers to get fully-approved now to avoid missing out on “the one.”  Without having an approval letter buyers could risk missing...

Happy New Year!  Hope you had a great Holiday and were able to enjoy time with your family.  As the 2012 spring market is getting started off with pre-approvals and buyer inquiries, there were several changes (and re-changes) near the end of 2011 that may have led to some confusion and will likel...