Are you a first-time homebuyer looking to purchase a home in Prince George’s County, Maryland? Then you’re in luck! The Redevelopment Authority (RDA) offers a grant to homebuyers up to $10,000 through the PGC Pathway to Purchase program which can [...]
Please help us congratulate our Encompass Administrator, Michelle Westervelt, for being awarded our 2023 Q2 Mission, Vision, and Values (MVV) winner. Direct Mortgage Loans’ MVV award recognizes and highlights the individuals that truly embody the mission, vision and core values [...]
Join us in welcoming the newest addition to the DML family; The Mosby Team, led by Dawn Mosby, a Washington D.C. native and mortgage industry expert. She has helped thousands of buyers on their journey to owning a home in [...]
What is a home equity loan? A home equity loan allows you to use the equity in your home as collateral. If you've owned your home for some time, you may have additional equity, enabling you to borrow against it [...]
Private Mortgage Insurance (PMI) When it comes to conventional loans with low down payments, Private Mortgage Insurance (PMI) often comes into play. This insurance serves as a safeguard for lenders, allowing them to provide financing for buyers with down payments below [...]
Direct Mortgage Loans had the privilege of attending the 2023 FOP Biennial National Conference & Expo in Las Vegas, NV. This event for the FOP, known as the largest and oldest law enforcement labor organization in the United States, was a [...]
What is the Maryland mortgage program (MMP)? The Maryland Mortgage Program (MMP), administered by the Maryland Department of Housing and Community Development, offers eligible homebuyers in Maryland a chance to secure 30-year fixed-rate home loans. The MMP has a broad [...]
Direct Mortgage Loans has awarded Technical Administrator, Sam Martin, Volunteer of the Quarter. This award is presented to one volunteer each quarter during our monthly recognition meeting, to celebrate those who have gone above and beyond in their community! Throughout [...]
Is it cheaper or more expensive to build or buy a house?As of June 2023, the median sales price for new houses sold was $415,400, with an average sales price of $494,700. When building a house, the cost depends on factors [...]
We are thrilled to announce the addition of Matt Mieras, our New Area Manager of DML Charleston and Branch Manager of The Mieras Team. With an impressive track record spanning over two decades in the industry, Matt brings a wealth [...]
