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Maryland Home Loan Rates
Our Maryland mortgage lenders have recently released low rate home loans for refinancing to local homeowners seeking fixed rate protection. We continue to offer more affordable low rate refinance loans than most national mortgage companies. We provide additional benefits with competitive home equity rates for fixed rate loans and prime lines of credit.
Nationwide Mortgage Loans offers an array of loans for Maryland, Virginia and DC residents seeking cash or simple rate and term refinancing. Borrowers can consolidate with a home equity loan from 90-100% loan to value or refinance their 1st mortgage and combine the debts with their new mortgage. So if your credit scores are good, you can get cash to refinance all your high rate bills even if the 2nd mortgage exceeds your home's value.
New Maryland Loan Limits for FHA, Fannie Mae and Freddie Mac home loans
County Name |
State |
One-Family |
Two-Family |
Three-Family |
Four-Family |
ALLEGANY |
MD |
$271,050 |
$347,000 |
$419,400 |
$521,250 |
BALTIMORE |
MD |
$560,000 |
$716,900 |
$866,550 |
$1,076,950 |
CALVERT |
MD |
$729,750 |
$934,200 |
$1,129,250 |
$1,403,400 |
CARROLL |
MD |
$560,000 |
$716,900 |
$866,550 |
$1,076,950 |
CHARLES |
MD |
$729,750 |
$934,200 |
$1,129,250 |
$1,403,400 |
FREDERICK |
MD |
$729,750 |
$934,200 |
$1,129,250 |
$1,403,400 |
MONTGOMERY |
MD |
$729,750 |
$934,200 |
$1,129,250 |
$1,403,400 |
TALBOT |
MD |
$443,750 |
$568,050 |
$686,650 |
$853,350 |
WASHINGTON |
MD |
$377,500 |
$483,250 |
$584,150 |
$725,950 |
BALTIMORE CITY |
MD |
$560,000 |
$716,900 |
$866,550 |
$1,076,950 |
We provide a wide variety of refinancing solutions for homeowners who need to access money, but prefer not to pay off their existing mortgage in the process. Lock in with a Low Rate with a Fixed Rate Loan.
Home Equity Line of Credit - Take advantage of our home equity loans that offer either a fixed rate 2nd mortgage, or a flexible interest only home equity line of credit with prime adjustable rates. We now offer the fixed rate home equity credit lines that allow you to fix the rate for the first five years of the line. |
Maryland homeowners are taking advantage of reduced interest incentives with fixed rate mortgages. |
Secure a Reduced Rate Home Equity Loan; Get Cash &
Refinance Credit Cards!
Another exclusive second mortgage feature available is the option to fix the rate of designated portions of the line. For example, if you have a $100,000 home equity line of credit, and you already used $40,000 of the line: You can choose to convert the used $40,000 of the equity line to a fixed rate second mortgage, and still keep the remaining $50,000 open as a revolving credit line. Get the best of both worlds with the peace of mind offered with a fixed rate-fixed payment second mortgage and the convenience of an open-end line of credit. |

**Special Incentive for Maryland Homeowners Refinancing with 2nd Mortgages Online** |
We are extending special home equity incentives for Maryland homeowners. At this time, Nationwide is offering MD residents "No Point" home equity loans or credit lines.
When borrowers complete a simple loan application online, we will redirect you to a mortgage consultant who will offer you a free consultation with no obligation. Take a minute and discover what cash out possibilities are available to you with your credit in today's real estate market. Get rewarded for being a Maryland local!
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Save Cash with No Point Home Equity Loans |
Nationwide offers East Coast homeowners low rate home equity loans. Applicants can select from second mortgage and refinancing loans with both fixed and adjustable interest rates.

Whether you are purchasing a home in Baltimore or Annapolis we offer subordinate loans for purchase or refinance. If you need help with a "Zero Down" 80-20 combo loan, then you have found the right lending source.
Our loan team will help you finance new furniture, house improvements and they will show you a solution for consolidating high interest credit card debt. Nationwide offers many fixed rate solutions, that don't require you to refinance your first home loan. We offer competitive 2nd mortgages that will aid you in reducing your monthly expenses while returning you with significant savings.
Wouldn't you like to put more money in your pocket each month? Many of our second mortgage and refinance programs were created so people with less than perfect credit, can pay off debts, make improvements to their home, and offer access to additional funds for a multitude of reasons. |
| Before the rates get too high, Apply for a Fixed Rate Home Equity Loan. Stay online and complete one simple form and one of our experienced loan professionals will follow up with you shortly. |
Relevant Maryland Facts:
East Coast Homeowners |
Average home value for owner occupied primary residence, 2000: $146,000
Homeownership rate, 2000: 67.7%
Average household income, 1999: $52,868
Population, 2004 estimate: 5,558,058
% of people living in same home for 5+ years, 2000: 55.7%
Average commute time from home to work (minutes), 2000: 31.2
Click Here for More Maryland Loan Info
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* Loan terms are state and federal fee restrictions. Laws may vary per state.
Data source census.gov |
By Nick Rian
A set-back in Maryland's housing market could be the result of the climbing prime interest rate.
After six months of increasing sales, the housing market crashed by 1500 less sales than the previous month.
What's odd is that a rising interest rate usually tries to fight inflation, and knocks down home prices. But Maryland's average home price has kept climbing.
Statistics released by the Maryland Association of Realtors reports the average price of a Maryland home has jumped more than $50,000 from $345,637 in January to $373, 821 in June, despite a low sales price of $336,976 in February.
First quarter home sales also climbed from 4,675 in January to 6,958 in March for a total of 17,016 homes sold during the first quarter.
Look at the second quarter stats and the outlook looks even better. Home sales jumped by almost 1500 for a total of 23,475 homes sold during the period.
But, looks like the rising interest rate might take away Maryland's seller's market and turn the favor to the buyer. July's housing report shows almost 1500 less sales than the previous month. And, the average price of a home sold in the state has dropped more than $3000.
Don't wait any longer, Call 1-800-242-6986 to speak with a seasoned loan professional live. We offer a helpful consultation that includes a free loan quotes with no obligation.
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