First Home Mortgage Announces Tim Whittier as New President, Setting Course for Growth

In a move signaling a new phase of growth and innovation, First Home Mortgage proudly announces the appointment of Tim Whittier as its new President. With a wealth of experience and a dedication to excellence, Whittier is poised to lead the company into an exciting era of expansion and success. 

David Waters, CEO and Founder of First Home Mortgage, expressed his confidence in Whittier’s capabilities, stating, “I am thrilled to announce the appointment of Tim Whittier as the new President of First Home Mortgage. With his extensive experience, deep knowledge, and the high regard of his peers, Tim is poised to achieve remarkable success in this role. I am confident that he will uphold and advance our steadfast commitment to excellence and integrity in all our endeavors.” 

Tim Whittier’s journey in the mortgage banking industry began in 1992, fresh out of the University of Maryland. What started as a casual job opportunity has blossomed into a lifelong career spanning various roles, including assistant, loan officer, builder manager, branch manager, and regional manager. His deep-rooted connection to Maryland, coupled with his passion for University of Maryland sports, reflects his commitment to the community he serves. 

Sharing his vision for the company’s future, Whittier remarked, “I am honored to step into the role of President at First Home Mortgage. Since joining the company, I have been impressed by our blend of extensive support, cutting-edge technology, vast resources, and the agility of a smaller organization. I am committed to preserving our structure and swift decision-making processes, which have been key to our success. Open communication and collaboration are vital, and I am dedicated to fostering an environment where every voice is heard. I look forward to working closely with our clients, partners, and team members to achieve even greater heights.” 

With Tim Whittier at the helm, First Home Mortgage is poised to continue its tradition of excellence while embracing new opportunities for growth and innovation. The company looks forward to a bright future under Whittier’s leadership, ensuring continued success in the ever-evolving mortgage industry. 

Empowering Small Business Owners: Introducing First Home Mortgage’s Professional Solutions Program for Bank Statement Loans

We are thrilled to unveil our latest offering, First Home Mortgage’s Professional Solutions for Bank Statement Loans, meticulously crafted especially for small business owners, consultants, and freelance professionals like yourself. This innovative product aims to simplify the mortgage process and make homeownership more accessible for individuals with non-traditional income sources. 

Our Professional Solutions program is not just about mortgages; it’s about empowerment. Traditional mortgages might not see the full picture of your financial success, but our new Professional Solutions product line is here to change that. With over 16 and a half million self-employed individuals in the workforce today, making up more than 10 percent of the economy, it’s clear that the traditional employment landscape is evolving. Our Professional Solutions products are centered around an alternative way to make a qualification decision, looking at the whole picture of your finances. 

Why should you care about this? Because this is about you. This is about giving you more options. We’ve heard the stories of well-deserving borrowers left out in the cold by traditional qualifications. Maybe that is you, but we’re here to give you a lifeline. 

Whether you’re a freelance professional, a small business owner, or a consultant, our Professional Solutions are here for you. It’s time to get the mortgage you deserve. 

What sets our program apart is its unique feature of accepting bank statements as proof of income, where we can review both 12 or 24-month options. Moreover, this product embraces 1099 income, ensuring a more inclusive approach to mortgage qualification. 

With First Home Mortgage’s Professional Solutions program, primary residences can qualify for up to $3,000,000 in financing, while second homes are eligible for up to $2,000,000. Notably, there’s no requirement for mortgage insurance, providing greater financial flexibility for our valued customers. 

To be eligible for this program, applicants should have a minimum FICO score of 660, and individuals with 25% or more ownership in a business are considered self-employed. At First Home Mortgage, we are dedicated to providing tailored solutions to meet the diverse needs of our customers. 

Think you may qualify? Contact a loan officer today or dive into our video featuring our SVP and Director of Sales, Matt Nader, along with our VP of Capital Markets, James Baublitz, to delve deeper into our new program and its potential to elevate your homebuying journey. 

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