Fort Meade Real Estate Financing

Nov. 10, 2023

Understanding the Eligibility Requirements and Benefits of a VA Home Loan

For almost 80 years, no money down VA (Veteran’s Affairs) home loans have eased the path to homeownership for millions of Veterans who otherwise might not have had the chance to build their wealth through real estate.  It’s one of the top benefits of military service in the United ...

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Aug. 28, 2023

Baltimore City Down Payment Assistance Programs

If you’ve been considering a purchase in Baltimore City, but just don’t have the saving for a down payment and closing costs, we’ve got some amazing news for you.  Below are some are amazing programs to help offset down payment and closing costs and possibly get you in your ...

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March 27, 2023

What You Should Know About Real Estate Closing Costs in Anne Arundel County MD

Real Estate Closing Costs in Anne Arundel County MD
You hear a lot about down payments when you're buying a home (unless you're using a VA loan), but nobody seems to talk about closing costs which are a component of the home purchase process in Anne Arundel County and the Fort Meade MD real estate market.

Before ...

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Feb. 23, 2023

VA Funding Fee Reduction For Fort Meade Homebuyers

Congress gave Veteran home buyers a fabulous valentine's day gift this year via a reduction in the VA funding fee that Veterans pay to obtain a no money down VA home loan.  The decrease goes into effect for homes that close on or after April 7, 2023.

Here ...

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Sept. 17, 2022

Real Estate Mortgage Rates are Historically Low Right Now!

A picture speaks a thousand words so this will be a brief update.  Mortgage rates through the years.  NOT on the news.

Historical real estate mortgage rates

Mortgage rates for the past 30 days.  The news cannot say enough about this "historic increase" when in fact, this is our return to a normal ...

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Jan. 26, 2021

Fort Meade MD Real Estate News - BAH Rates 2021

If you're currently stationed at, or will be stationed at Fort Meade MD in 2021, check out the newly updated Fort Meade MD BAH rates.  Military BAH at Fort Meade pretty accurately covers the market rents and mortgages for rates of E-3 and above.  Below that, it ...

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April 16, 2020

Update 4/16/2020 - The effects of Corona Virus on the Fort Meade MD real estate market

So just checking back in now that we have two more weeks of data on how the COVID-19 outbreak is effecting the local Fort Meade real estate market.  Again, focusing on Crofton, and putting all the numbers together, total sales in Crofton MD were down from 79 in 2019 ...

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March 30, 2020

The Effects Of Corona Virus On The Fort Meade MD Real Estate Market

Fort Meade Area Real Estate Update – Post Coronavirus

On March 13th the governor of Maryland ordered the closing of all schools sending a strong signal of the seriousness of the Coronavirus. 

On March 14th the Department of Defense issued a stop movement order that impacted most ...

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Dec. 3, 2019

Fort Meade MD - VA Home Loan Lending Limits for 2020

The Roskelly Team at RE/MAX Leading Edge - VA Loan Financing Bulletin
VA home loans

VA loan limits are changing!  Beginning January 1, 2020 the new maximum loan limit will be $1,500,000 across the country.  There will be no State or County specific restrictions.  Already have a VA ...

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Dec. 2, 2019

Fannie Mae Loan Limit Increased for counties near Fort Meade MD

The Federal Housing Finance Agency announced Tuesday that Fannie Mae and Freddie Mac conventional mortgage loans will have an increased maximum loan amount in counties surrounding Fort Meade, MD.  This means that in all areas near the base, home buyers have more purchasing power.  Almost 6% more on ...

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