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

  Probably the most frequently asked question I get is, “Do you know where rates will be tomorrow?”  This is one of the hardest questions to answer in today’s volatile market.  In general, I don’t think it is worth the risk of gambling (“playing the market”) with your future home.  When you are p...

Mortgage rates have reached at or near all-time 50 year historic lows!  I am working all weekend on refinances.  We can offer you a no cost refinance today with rates in the upper 4%'s!  Depending on your credit, equity in the property etc, we can refinance you at no cost and nothing added onto y...

**Disclaimer: If you are searching for homes for sale anywhere in Maryland, DC, or Northern Virginia - the very best way to find listings is to contact a local real estate agent.  If you do not have any you know, contact me and I can recommend one to you.  In Maryland, DC, and Northern Virginia t...

With officially 1 week left until summer mortgage rates have reached near 50 year all-time lows!  This coupled with recent news that home sales are increasing is great news for the housing market.  The Maryland and DC metro area real estate markets have been historically slightly more stable tha...

Below is very good advice for first time homebuyers. If you are a first time homebuyer in Rockville, Gaithersburg or Bethesda Maryland I would be more than happy to get you approved for a mortgage and explain the entire process to you. Feel free to contact me anytime. 301.585.7283 1. They don't a...

Fannie Mae is changing the rules on interest only mortgages and adjustable rate mortgages (ARMs).  They are instituting stricter policies, for the better, to help prevent people from qualifying for homes they could not normally afford.  Some of these following rules should have been in place from...

  In respect of Earth Day, Clean Currents provides you a way to power your home with clean energy (and it saves you money!) Did you know that you can power your Montgomery County home with clean energy for LESS than you pay with BGE or Pepco!? Clean Currents Wind Power allows residents of the Mid...

It baffles me the numbers of agents I talk with that are nervous about the possibility for a settlement to be delayed, even after the LO knows when the settlement date is, and agrees to do the loan.  In my opinion, ALWAYS closing the loan on time is the number one most important goal for any loan...

Presented below is one of the ways our 80/10/10 loan program can save your buyers money over a loan with mortgage insurance: $450,000 Property Option 1: 90% First Loan 5.25%, Monthly Mortgage Insurance %0.62, 10% Down paymentFirst Loan P/I: $2,236Mortgage Insurance: $209Total P/I Payment: $2,445 ...

With about 30 days remaining to be under contract in order to claim the tax credit it is still unclear whether the tax credit is going to be extended, or for that matter whether it should be extended... again. Some may argue that near the end of 2009 the huge surge in home buying was due to the u...