Maryland Mortgage Mama's Blog

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Mortgage and Lending - SWBC Mortgage 410-960-2061 - NMLS 196068
My goal is to share information about the mortgage market, my community and myself, as well as to provide timely information for buyer's, sellers and home owners in Maryland.

ARCHIVED BLOG POSTS

2012 

FHA May LIMIT Seller Contribution-They are at it again!! FHA is proposing a rule to limit seller contribution One reason is that they feel that the 6% cap that is currently in place is serving to artificially inflate the appraised value of homes.   The new rule will drop the maximum seller contri...
02/28/2012
CATONSVILLE, MARYLAND-NEWEST SWEET SPOT Grab the kids and head to the HMART Shopping Center at Rolling Road and Route 40 in Catonsville for Catonsville's Newest Sweet Spot. SweetFrog opened recently to serve folks in Catonsville, Maryland premium, all natural, soft serve yogurt.  It's not just yo...
02/24/2012
We have lots of borrower's asking if it makes sense to pay a point (1% of the loan amount) to buy down the interest rate.  Gene gives an easy to understand explanation.  Speaking with your mortgage professional about YOUR situation is important.  Sometimes, instead of paying a point, it makes sen...
02/22/2012
Is Your Buyer Looking For A Norwegian Elkhound? Many years ago while on business travel in Western Maryland, I called my husband and said "Remember that dog I said we would never get?  I am bringing her home!"  The poor, beautiful dog was standing in the pouring down rain just outside of a post o...
02/22/2012
And the world keeps getting smaller!  I am so proud to be mentioned in Andrea's blog and will always strive to earn the endorsement.  I was very happy for Andrea that her blog got featured and was sharing it (and some of the awesome comments) with my husband.  As I re-read the blog, I noted the o...
02/16/2012
Where Can I Have Afternoon Tea/High Tea Near Baltimore? You won't go wrong if you head to Paris.  No, not Paris, France, Moulin de Paris in Pasadena, Maryland. High Tea at a Euro-Asian bistro in a strip mall in Pasadena, Maryland?  Yep, it works!  Since reservations for tea is required, I made ou...
02/15/2012
My thoughts on Andrea's blog... Andrea,  This is SO important.  It's one of the first things I ask folks in an initial interview for their mortgage.  "Have you determined what a comfortable mortgage payment will be?"  What one qualifies for and what is comfortable can be two VERY different number...
02/01/2012
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Bridget "Mortgage Mama" McGee

Maryland Mortgage Mama NMLS#196068
local_phone443-574-2560
smartphone(410) 960-2061
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