Baltimore is a city in the upper Chesapeake Bay area that has a lot of American history. During the War of 1812, British forces attacked Fort McHenry in Baltimore. They had just burned down Washington, DC, about 40 miles to the south. The battle for Baltimore was a turning point in the war that kept the Union from losing for sure. This strong will is what has kept the city going for almost 300 years and is what draws new home buyers who want to find affordable housing there. If you want to put money into this old city, you can get a Baltimore mortgage.
Buying a house in Baltimore is a lot like buying a house in any other established American city: you make a down payment, contact several lenders for competing bids, and choose a lender based on the information given. Your mortgage in Baltimore is ready, and you know for sure that you can move, right? Well, it's not always so simple! Let's look at some websites that can help you get a mortgage:
- Bankrate.com: This website has current mortgage rates from all over the country. If you limit your search to Baltimore, the local mortgage rates will show up in your search results. The rate given should give you a good idea of what to ask lenders about.
- Interest.com works the same way as Bankrate; put in your Baltimore mortgage information and the rate will show up.
Other useful sites to mention are:
ChaseHomeMortgage.com is a website for mortgages.
- The website LendingTree.com
- HomeLoanCenter.com
- Amerisave.com
This list doesn't have everything, but it's a good start. You can also look in the phone book to find a list of mortgage companies in Baltimore. Smaller, local businesses are sometimes more willing to help, especially if you are self-employed, have bad credit, lost income, or have gone through other "life-changing" events.
Your home in Baltimore is waiting for you. Talk to a mortgage broker in Baltimore today to find out what your mortgage options are.
