Baltimore Mortgage Choices
Located in the upper Chesapeake Bay region, Baltimore is a city rich in American history. During the War of 1812, Baltimore’s Fort McHenry came under attack by British forces which had just completed the burning of Washington, DC some forty miles to its south. The battle for Baltimore was a key turning point in the war and saved the young union from certain defeat.
It is this tenacity of spirit that has sustained the city for nearly three centuries and is what attracts new home buyers in their quest to find affordable housing there. A Baltimore mortgage awaits you if you want to invest in this historic city.
Purchasing a house in Baltimore is a lot like purchasing a home in any established American city: you make a down payment, contact several lenders for competing bids, and you choose a lender based on the information given. Your Baltimore mortgage is ready and your move is assured, right? Well, it isn’t always that easy! Let’s take a look at some websites that can give you helpful and important information as you shop for a mortgage:
1. Bankrate.com – this site features up-to-date mortgage rates from all over the nation. Narrow your search to Baltimore and local mortgage rates will appear in your search results. The rate given should be a good point of reference for you as contact lenders.
2. Interest.com – works in the same way as Bankrate; put in your Baltimore mortgage information and the rate will appear.
Other helpful sites of note include:
3. ChaseHomeMortgage.com
4. HomeLoanCenter.com
5. Amerisave.com
6. Ingdirect.com
7. LendingTree.com
While this list isn’t inclusive, it is a good beginning. In addition, you can check your local phone book for a list of Baltimore mortgage companies. Sometimes the smaller, local companies are more willing to help out, especially if you have other circumstances present, including being self-employed, having bad credit, having suffered a loss in income, or having experienced any other “life-impacting” changes.
Your Baltimore home is waiting for you — contact a Baltimore mortgage broker today to learn about your mortgage options.
