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Home insurance on your new home is required to approve financing for your home. Home insurance is also often referred to as homeowner’s insurance or hazard insurance, and these terms are interchangeable.   You’ll need to choose an insurance provider and agree to the coverage, deductibles, and cost for them to finalize the policy. You…

You may already have a payment range you’ve determined that would work for you.  But when people think about getting pre-approved for a maximum loan amount, we have our own system for determining what we think would work for you.   When asking about a maximum amount you can borrow, what we really look at…

We offer community reinvestment act (CRA) loan programs in DC, Maryland, Virginia which can offer improved loan terms to eligible buyers.  An eligible home buyer could make just a 3%+ down payment on a conventional 30 year fixed loan and potentially not have mortgage insurance.  These programs are for both repeat and first time home…

Montgomery County HOC opened 8/1/25 a fund of $2 Million to provide down payment assistance for eligible home purchasers in Montgomery County.  The amount of assistance is up to $25,000 to be utilized for down payment or closing costs.  To learn more about eligibility for the HOC program including income limits and credit score criteria…

Cash to close refers to a combination of the down payment plus closing costs.  The combination of the two makes up the cash to close, and the earnest money deposit is applied to the cash to close.