Blog

Spring is in full swing and First Home Mortgage continues to grow and thrive with the addition of our newest branch location, opening soon in Gainesville, Virginia! Of course, an office is just a building, and it takes a team to really make things happen. That’s why we’re excited to announce that industry veteran extraordinaire […]

Exciting news for prospective homebuyers looking to enter the market: With the launch of our new First Home’s Dream Program, we’re offering down payment assistance worth $3,000 to low to moderate income homebuyers on conventional 30-year mortgages! We know that saving up for a down payment can be a huge challenge, especially in today’s housing […]

April 22 is Earth Day, and our annual reminder that our first and only true home is this big blue beautiful planet we call Earth. If you’re looking for ways to live more sustainably and make your home more environmentally friendly, you’re in luck! These three tips can help you do your part to save […]

Big news – we’ve got a new branch, and just the person to lead it! We are thrilled to announce the opening of our new location in Gaithersburg, Maryland, and the appointment of Michael Parsons as its Branch Manager. Michael is more than your average mortgage professional – he’s also a natural leader who started […]

Spring is finally here, and it’s the perfect time to freshen up your home with a good cleaning and decluttering. While it may seem daunting, following some simple house cleaning tips can make the process much more manageable: Plan it out Before you start cleaning, make a plan. Decide which areas you want to tackle […]

First Home Mortgage is excited to announce that Matt Nader, Branch Manager of our Annapolis, Maryland office, has been named our new Senior Vice President, Director of Sales! As a mortgage industry veteran with over 17 years of experience, Matt has distinguished himself through top-notch client service and world-class leadership. In his nearly five years […]

First Home Mortgage is proud to announce our latest achievement as recipient of the 2023 ICE Innovation Award in the category of Best Application-to-Closed Loan Conversion Process!  The ICE Innovation Award “recognizes industry leaders who are pushing the envelope by creating extraordinary solutions with ICE Mortgage Technology to achieve their business goals.” Recipients of the […]

The Federal Reserve’s latest meeting just wrapped up, so what are the key takeaways for you? This afternoon, the Federal Reserve increased the Federal Funds Rate by .25%. It’s critical to understand that when you might see headlines about the Fed increasing their target rates, it usually doesn’t directly impact the mortgage rate you’re able […]

We’re proud to announce the launch of our new First Home Heroes program! We want to recognize the heroes in our communities — including first responders, teachers, and medical professionals — and thank them for everything they have sacrificed to protect us, educate us, and keep us safe and healthy. This new initiative reduces some […]

The Federal Reserve has just shared their perspective on the economy – so how does it impact your homebuying process? Today the Fed increased their target rates by .50%. Importantly, this doesn’t mean that prevailing mortgage rates increased overnight! In fact, average mortgage rates have actually declined since the Fed’s last rate announcement in early […]

The results are in, and they could have an impact on your home buying journey. Effective today, homebuyers may now borrow up to $726,200 in most counties and up to $1,089,300 in higher-cost areas! The limit on conforming loans backed by Fannie Mae and Freddie Mac is assessed annually. In September, First Home Mortgage responded […]