The Best Mortgage Lenders in Chase, MD
Compare verified mortgage lenders serving Chase, Maryland. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Chase
Featured Mortgage Lenders
State Employees Credit Union of Maryland
State Employees Credit Union of Maryland (SECU)
As Maryland's largest credit union, SECU has earned exceptional ratings for mortgage lending with deeply competitive rates and outstanding member service. While technically headquartered in Linthicum, they serve members throughout Maryland including the Chase area with specialized local knowledge. Their not-for-profit structure allows them to offer lower fees and more favorable terms than many traditional banks, with particular strength in first-time homebuyer programs and government-backed loans. Their long-standing community presence and consistently high customer satisfaction scores make them a top choice for Chase area residents.
Loan Types:
First Home Mortgage
First Home Mortgage Corporation
First Home Mortgage has built an outstanding reputation as a premier regional mortgage lender serving Maryland communities including Chase. With their corporate headquarters in Timonium just minutes away, they offer exceptional local expertise and personalized service. They consistently receive top marks for their competitive rates, streamlined application process, and expert guidance through complex loan scenarios. Their deep understanding of Maryland's real estate market and strong relationships with local real estate professionals make them particularly effective at navigating the unique aspects of Baltimore County properties.
Loan Types:
Presidential Bank
Presidential Bank, FSB
Presidential Bank has established itself as a highly-rated mortgage lender with strong presence throughout Maryland, including dedicated service to the Chase area. While headquartered in Bethesda, they have extensive experience with properties across Baltimore County and offer particularly competitive jumbo and construction loan options. Their commitment to personalized service and local decision-making authority allows for more flexible underwriting than many larger national banks. Customers consistently praise their responsive communication, transparent process, and ability to close loans efficiently even with complex financial situations.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Chase, MD
What are the current mortgage rates like for homes in Chase, MD?
Mortgage rates in Chase typically align with national averages but can be influenced by local market conditions. Currently, Chase buyers can expect competitive rates for both conventional and government-backed loans, with factors like credit score and down payment significantly impacting your final rate. Working with a local lender familiar with the Baltimore County market can help you secure the best available rate.
Are there any special first-time homebuyer programs available specifically in Chase?
Yes, first-time homebuyers in Chase can utilize Maryland Mortgage Program (MMP) options, which offer competitive interest rates and down payment assistance. These programs are particularly valuable in Chase's market, where they can help bridge affordability gaps. Additionally, some Baltimore County-specific initiatives may provide additional support for eligible buyers.
How does Chase's rural location affect mortgage lending options?
Chase's semi-rural setting within Baltimore County may make some properties eligible for USDA rural development loans, which offer 100% financing with no down payment requirement. However, not all areas of Chase qualify, so it's important to verify specific property eligibility. This can be a significant advantage for buyers looking at more rural properties in the area.
What should I know about property taxes and insurance when getting a mortgage in Chase?
Chase homeowners pay Baltimore County property taxes, which currently run approximately 1.1% of assessed value. Insurance costs may be slightly higher than urban areas due to the rural nature and potential for well/septic systems. Your lender will help factor these costs into your overall mortgage payment calculation through escrow accounts.
How competitive is the mortgage pre-approval process in Chase's housing market?
Given Chase's desirable location with a mix of rural charm and Baltimore proximity, the market can be competitive. A strong pre-approval from a reputable lender is essential to be taken seriously by sellers. Local lenders familiar with Chase's specific property types and market dynamics can often provide faster, more reliable pre-approvals that give you an edge in multiple offer situations.
Why Choose a Mortgage Lender in Chase?
Local Market Knowledge
Lenders who understand Chase's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Maryland.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Chase and get competitive rates on your home loan.