Mortgage Application

6 Steps to Purchasing a New Home – Step 4: Apply for the Loan

Recently, we talked about the third step in the home purchase process: finding your home. Once you have found a home you want to buy, the next step is to apply for your home loan. This is the time to assemble and submit all of your financial information and documentation to your lender for evaluation. […]

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collage

NFM Lending participates in another successful Red Shoe Shuffle

NFM Lending sponsored and participated in the 5th annual Red Shoe Shuffle on Sunday, April 10, 2016. The Red Shoe Shuffle is an annual 5k walk or run around downtown Baltimore, benefitting the Ronald McDonald House Charities of Baltimore. This is NFM Lending’s 5th year sponsoring this event. In addition to sponsoring the Shuffle, a […]

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Young family couple trying to get loan

6 Steps to Purchasing a New Home – Step 2: Choose Your Loan Type

Recently, we discussed the first step in the home purchase process: getting pre-qualified. Getting pre-qualified allows you to enter the home buying process prepared, with a budget in mind. Once you’ve been pre-qualified, the second step in the home buying process is to choose your mortgage loan type. Fixed-Rate vs. Adjustable-Rate Mortgage loans are split […]

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Silver house key lying on a contract for house sale

6 Steps to Purchasing a New Home – Step 1: Get Pre-qualified

Buying a home is one of the most significant financial decisions you will make in your life. Each step in the process is important to ensure a smooth transaction. Over the next several weeks, we will explore each step of the home buying process in detail. Experienced NFM Lending Mortgage Loan Originators will share advice […]

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Miniature House and Money.

Choosing a Down Payment Option

If you are in the market for a new home, one of the first things you should consider financially is how much of a down payment you can make. Most home buyers know that the most common mortgage loan (a Conventional loan) requires 20% down payment. This means that if you purchase a home worth […]

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House and increasing arrow

The Benefits of Refinancing

If you are a homeowner, you may have considered refinancing your current mortgage. Refinancing can offer many advantages to help you meet your financial goals. If you are just starting to look into refinancing, or have been thinking about it for a while, here are three benefits that you should consider. Lower Interest Rate It […]

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Purchasing in a Sellers Market

How to Purchase a Home in a Sellers’ Market

Finding the right home can be stressful enough, but in a sellers’ market, it gets even tougher to find the right home right away. The market can change quickly, so it’s important to be flexible and change your plan as the market changes. In a sellers’ market, there are fewer homes listed and usually a […]

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Ornament Trees - Header

Ornament Trees

This is the wrap up post for NFM’s 12 Days of Holiday Crafts – Day #12: Ornament Trees. Decorate your porch, your doorway, your fireplace, or even your office with these eye-catching ornament trees! Inspired by a tutorial on The Dizzy House, these festive trees are sure to brighten up any room. You will need: […]

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