First Maryland's strengths are fast, efficient, no-nonsense processing with maximum mortgage dollars. Our FNMA and FHA production teams routinely process refinancing applications in 90 days or less. That includes FHA refinancings without utilizing the now available HUD Fast-Track program!
We understand that property owners have a wide selection of financing choices available in the marketplace today. Our reputation is built on providing the finest service at the most competitive price to our clients. Our reward for this dedication is illustrated by over 60% of our business resulting from repeat customers.
First Maryland's income property activities are overseen by Bob McLewee, Senior Vice President, who also serves as Team Leader for FNMA production. Bob's background includes commercial lending for our affiliate, First National Bank of Maryland. He serves on the FNMA DUS Advisory Committee and the Secondary and Capital Market Committee of the Mortgage Bankers Association of America.
Dee Lockitt McClure is Vice President of First Maryland and Team Leader for FHA Production. Dee uses her extensive experience in all facets of FHA programs to identify and resolve issues prior to application submission resulting in expedited HUD processing.
Product Types
First Maryland specializes in originating and funding loans through the FNMA DUS and FHA insured mortgage programs. Both FNMA and FHA programs provide permanent acquisition and refinancing for apartments. FHA also provides new construction, substantial rehabilitation, acquisition financing or refinancing for apartments, cooperatives, nursing homes, assisted and independent living and board and care facilities.
Exceeding the Expected
First Maryland is dedicated to providing our customers with the highest level of customer service. This level of care translates to relentlessly anticipating and satisfying our customers' needs, whether it be a unique financing situation or putting a team of professionals together to effect an otherwise difficult transaction.
Financial Strength
When selecting a lender, financial strength and stability are key considerations. First Maryland Mortgage Corporation is a subsidiary of First Maryland Bancorp, a $10 billion bank holding company established in 1806 with over $1 billion in equity capital. This affiliation provides our clients with added flexibility in addressing related commercial lending needs.
Since 1988, First Maryland Mortgage Corporation has served its clients by providing nearly one-half billion dollars in construction and permanent financing nationwide.
First Maryland Mortgage Corporation 110 South Paca Street Mail Code 109-906 Baltimore, MD 21201 (800) 737-2344