Residential Mortgage Solutions has been a proud sponsor of Dundalk Renaissance since 2015. Dundalk Renaissance does not require any prospective grant program participant to use a particular lender or realtor to access our grant.
Purchasing a home can feel overwhelming. There are various moving parts and sometimes it seems like they will never fit together. Save yourself the headache and work with a lender who can work for you. We recommend creating a list of considerations before interviewing potential lenders.
1. Speed. With mortgage rates at some of the lowest we have seen in years and a pandemic that forces people to spend more time at home, it is no surprise how quickly homes are moving on the market. You want a lender that understands the urgency of today’s home buying. The last thing you want is to be slowed down by paper work when you put an offer in on your home.
2. Competitive Rates & Loan Options. Make sure you get the best rate you can with the right loan for you. To do this, you will need a knowledgeable lender with an array of loan options. Ask potential lenders what loans they recommend for you and why.
3. Underwriting. Underwriting is often sent out of office, which adds additional time on to the process. Time you may not have. When considering a lender be sure to ask where their underwriting is done, if their underwriter is accustomed to working with grant programs and loans you are considering, and how long the underwriting process will take.
4. Customer Service & Trust. It is simple: you need a lender that works for you. Every home buyer’s situation is unique. A good lender will be able to identify your strengths while supporting your needs if you are not quite purchasing-ready, which is why you want to work with someone you are confident in and can trust. Read the reviews from other home buyers before deciding on your lender and ask questions about what you read online and concerns raised in reviews.
Residential Mortgage Solutions’ Promise to You
We promise to get your settlement completed in 30 days or less, as long as we have all the required documents from you. One of our biggest accomplishments and something that we pride ourselves in the most here at RMS comes from our in-house underwriting/processing departments. “Your file is in line for underwriting” doesn’t apply here!
We promise never to mislead our clients about interest rates. We post legitimate interest rates that we can actually offer. www.rms.loans
We promise to find the right loan for you. We have 12 different loan options ranging from government loans to conventional mortgages. We work with diverse programs including Freddie Mac, Maryland Mortgage Program, Maryland Smart Buy and have processed numerous grants including the Dundalk Renaissance’s Home Buyer Grant. We will always find the right loan for you!
Residential Mortgage Solutions is a full-service local lender since 1999 and an accredited member of the Maryland Better Business Bureau with highest possible rating of an A+. RMS works with regionally and nationally recognized investors such as Wells Fargo, US Bank, Caliber Home Mortgage, Flagstar Bank, and Sun West Mortgage. We are a HUD/FHA approved lender with Full Eagle Underwriting delegation, which means we can process and underwrite your loan in house. You can expect quality service from RMS. We have countless positive reviews on the Better Business Bureau, Zillow, Yelp, Google Reviews and more than 20 years in business – we must be doing something right at Residential Mortgage Solutions. We value the opportunity to work with you on your new home purchase!