The Best Mortgage Lenders in Havre De Grace, MD
Compare verified mortgage lenders serving Havre De Grace, Maryland. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Havre De Grace
Featured Mortgage Lenders
First Home Mortgage
First Home Mortgage Corporation
First Home Mortgage is a highly-rated regional lender with deep roots in Maryland, serving Havre De Grace and surrounding Harford County areas. With over 30 years of experience, they've built an exceptional reputation for personalized service and competitive rates. Their local processing and underwriting teams provide faster turnaround times than many national lenders, and they offer a comprehensive range of loan programs including specialized first-time homebuyer options. The Bel Air office location is conveniently accessible to Havre De Grace residents and staffed by mortgage professionals with extensive knowledge of the local real estate market.
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APM
Advanced Professional Mortgage, Inc.
Advanced Professional Mortgage is a premier local mortgage broker serving Havre De Grace and throughout Harford County with exceptional customer satisfaction ratings. As a mortgage broker rather than a direct lender, APM has access to multiple wholesale lenders, allowing them to shop for the best rates and terms on behalf of their clients. They specialize in complex loan scenarios including construction loans and investment properties, and their team of experienced loan officers provides personalized guidance throughout the entire mortgage process. Their high rating reflects consistent excellence in customer service and loan expertise.
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Fulton Bank
Fulton Bank, N.A.
Fulton Bank is a well-established regional financial institution with strong presence throughout Maryland, including dedicated mortgage services for Havre De Grace residents. With over a century of banking experience, they offer the stability and reliability that homebuyers seek, combined with competitive mortgage products and local decision-making. Their Bel Air branch provides convenient access for Harford County homeowners, and they offer special relationship benefits for existing banking customers. Fulton Bank maintains excellent ratings for both their mortgage services and overall customer experience, making them a trusted choice for local home financing.
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Frequently Asked Questions
Common questions about mortgage lending in Havre De Grace, MD
What are the current mortgage rates like in Havre De Grace, MD?
Mortgage rates in Havre De Grace typically align with national averages but can be influenced by local market conditions. Currently, rates for 30-year fixed mortgages range from 6.5% to 7.25% depending on credit score and loan type. It's advisable to compare offers from local lenders who understand the Harford County market dynamics.
Are there any first-time homebuyer programs specific to Havre De Grace?
Yes, the Maryland Mortgage Program (MMP) offers several options for Havre De Grace homebuyers, including down payment assistance grants and competitive interest rates. Additionally, Harford County offers the Settlement Expense Loan Program (SELP) which can provide up to $5,000 in assistance for closing costs, particularly beneficial given Havre De Grace's waterfront property premiums.
How does Havre De Grace's flood zone designation affect mortgage requirements?
Given Havre De Grace's location at the confluence of the Susquehanna River and Chesapeake Bay, many properties require flood insurance. Lenders will mandate this coverage for homes in designated flood zones, adding $500-$2,000 annually to your housing costs. Always check FEMA flood maps and factor this into your budget when considering properties near the waterfront.
What special considerations should I know about financing historic homes in Havre De Grace?
Havre De Grace's historic district contains many preserved properties that may require specialized financing. Lenders often require additional inspections and may have stricter requirements for homes over 50 years old. Some historic properties might qualify for Maryland Historic Rehabilitation Tax Credits, but you'll want to work with lenders experienced in historic property financing.
How competitive is the mortgage pre-approval process in Havre De Grace's housing market?
With Havre De Grace's desirable waterfront location and relatively limited inventory, having a strong pre-approval is crucial. Local sellers often prioritize buyers with pre-approvals from reputable Maryland lenders. Getting fully underwritten pre-approval rather than just pre-qualification can give you a competitive edge in this popular Susquehanna River community.
Nearby Cities
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Why Choose a Mortgage Lender in Havre De Grace?
Local Market Knowledge
Lenders who understand Havre De Grace'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 Havre De Grace and get competitive rates on your home loan.