Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Maryland before hiring.
Showing 3 mortgage lenders in Damascus, MD
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Atlantic Union Bank
26250 Ridge Rd, Damascus, MD 20872
3017748408
WesBanco Bank
26500 Ridge Rd, Damascus, MD 20872
3013689101
Sebring Boone Mortgage
26227 Ridge Rd, Damascus, MD 20872
3014147533
What Does a Mortgage Lender in Damascus Cost?
Typical costs for a mortgage in Maryland include an origination fee of 0.5 to 1 percent of the loan amount, appraisal fees from 400 to 700 dollars, and title insurance costs around 500 to 1,500 dollars. Closing costs generally range from 2 to 5 percent of the purchase price. This is general information, not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What documents do I need to apply for a mortgage in Damascus Maryland?
You typically need pay stubs, tax returns, bank statements, and identification. Maryland lenders also require proof of homeowners insurance before closing.
How long does the mortgage process take in Maryland?
The process usually takes 30 to 45 days from application to closing. Maryland law requires a three day right of rescission period for refinances after closing.
Are there special mortgage programs for Maryland first time home buyers?
Yes, the Maryland Mortgage Program offers down payment assistance and competitive rates for first time buyers. Eligibility depends on income limits and property location.