Covell Communities understands that purchasing a new home is a tremendous decision and likely the largest investment that you will ever make. To ensure your mortgage experience is effortless, convenient and cost-effective, our preferred lenders offer an array of mortgage programs to meet your individual needs. Construction perm, fixed-rate, adjustable-rate, and government loans are available to maximize your loan options and the lenders will work with you to secure a loan that is best suited for you.
A construction-permanent mortgage (CP loan) is a one-time settlement prior to the start of construction. CP financing allows you to secure “today’s” interest rate and reduce closing costs.
A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows the borrower to accurately predict their future payments.
Adjustable Rate Mortgage (ARM) loans generally offer lower initial interest rates than comparable fixed-rate mortgages, which may increase your purchasing power.
The Federal Housing Administration (FHA) and the U.S. Department of Veteran's Affairs (VA) offer government-insured loans. These loans have low down payment requirements and more flexible guidelines that make them easier to obtain.
Old Line Bank - Jeff Donohue Vice Presidnet, Mortgage Production 4201 Mitchellville Rd. # 100 Bowie, MD 21706 Mobile: 240-508-2737 Office: 301-352-3130 Email: jdonohue@oldlinebank.com |
Caliber Home Loans - Mark Miller Loan Officer 10500 Little Patuxent Pkwy Suite 750 Columbia, MD 21044 Mobile: 410-409-3221 Email: mark.miller@caliberhomeloans.com |
Citizens One - Jeff Schroll Loan Officer 1997 Annapolis Exchange Pkwy , Suite 300 Annapolis, MD 21404 Mobile: 410-615-5641 Email: jeff.schroll@citizensone.com |
First Home Mortgage - Timothy K. Reinhart Branch Manager 1954 Greenspring Dr, Suite 420 Timonium, MD 21093 Mobile: 410-303-4754 Office: 443-632-0405 Email: treinhart@gofirsthome.com |
Counselors Title - John G. Nalls
Attorney
4400 Jennifer St, Suite 220, NW
Washington, DC 20016
Mobile: 240-498-8290
Office: 202-686-0100
Email: John@ctitle.net