Maryland Second Mortgage
Fixed Rate Refinance Loans

Nationwide broker offers East Coast homeowners low rate second mortgages, 125% home equity loans, 100% refinancing, and equity lines of credit for people with good and bad credit looking for debt consolidation. Residents from Maryland, Virginia, and Washington DC are offered special incentives with a Free AVM (automated value appraisal) when they submit a second mortgage application online. Borrowers across the country are reducing their debts by consolidating their credit cards into a fixed rate second mortgage.

First-time Homeowners OK Competitive 2nd mortgage rates No Mortgage Insurance Required    Second Mortgages for All Types of Credit 100% CLTV Behind a Payment Option ARM 1st mortgage
Maryland Homeowners are now offered a solution for personal budget crisis created from the rising payments for adjustable rate HELOC’s and credit cards. If you have been look for a fixed rate alternative, then consider refinancing now with a second mortgage from Nationwide. Take advantage of East Coast incentives that are extended to homeowners residing in DC regions, including Maryland and Virginia. Ask you loan consultant about possible state restrictions and second mortgages rates that may vary depending upon region.
Is the Virginia & Maryland Housing Market still Bubbling or has the Housing Market Begun to Burst? James Joyner pointed out that new data released has shown in the past year, home sales in the Washington DC region have declined dramatically, the inventory of unsold homes is up significantly, and prices have become stagnant and, in some home prices have actually, dipped. The price trend is quite evident in Northern Virginia, where most of the region's growth has occurred, but it is evident almost everywhere. Statistics on home sales released by Metropolitan Regional Information Systems Inc., the regional multiple-listing service, show that: In the two counties and three cities that make up the Northern Virginia market, more than twice as many homes were available for sale in October as in the same month one year ago -- 7,122 homes, compared with 3,254 -- and sales are off 28 percent. In the District, listings are up 62 percent and sales are down 28 percent. In Montgomery County, listings are up 49 percent and sales are down 8 percent. In Prince George's County, the listings are up 45 percent.
But home sales have remained fairly stable, dropping only 2.6 percent. The last time the region had this many houses for sale was the late 1990s, the MRIS figures show.

Preferred Loan Type Select ---------------> Mortgage Refinance Cash Out Refinance Home Equity New Home Purchase Property Type Select One-----------> Single-Family Detached Condominium Cooperative Multi-Family Dwelling Modular Mobile Home Manufactured Home Property Value Select One-----------> 1st Time Buyer 75,000 - 80,000 80,000 - 85,000 85,000 - 90,000 90,000 - 95,000 95,000 - 100,000 100,000 - 105,000 105,000 - 110,000 110,000 - 115,000 115,000 - 120,000 120,000 - 125,000 125,000 - 130,000 130,000 - 135,000 135,000 - 140,000 140,000 - 145,000 145,000 - 150,000 150,000 - 155,000 155,000 - 160,000 160,000 - 165,000 165,000 - 170,000 170,000 - 175,000 175,000 - 180,000 180,000 - 185,000 185,000 - 190,000 190,000 - 195,000 195,000 - 200,000 200,000 - 205,000 205,000 - 210,000 210,000 - 215,000 215,000 - 220,000 220,000 - 225,000 225,000 - 230,000 230,000 - 235,000 235,000 - 240,000 240,000 - 245,000 245,000 - 250,000 250,000 - 255,000 255,000 - 260,000 260,000 - 265,000 265,000 - 270,000 270,000 - 275,000 275,000 - 280,000 280,000 - 285,000 285,000 - 290,000 290,000 - 295,000 295,000 - 300,000 300,000 - 305,000 305,000 - 310,000 310,000 - 315,000 315,000 - 320,000 320,000 - 325,000 325,000 - 330,000 330,000 - 335,000 335,000 - 340,000 340,000 - 345,000 345,000 - 350,000 350,000 - 355,000 355,000 - 360,000 360,000 - 365,000 365,000 - 370,000 370,000 - 375,000 375,000 - 380,000 380,000 - 385,000 385,000 - 390,000 390,000 - 395,000 395,000 - 400,000 400,000 - 405,000 405,000 - 410,000 410,000 - 415,000 415,000 - 420,000 420,000 - 425,000 425,000 - 430,000 430,000 - 435,000 435,000 - 440,000 440,000 - 445,000 445,000 - 450,000 450,000 - 455,000 455,000 - 460,000 460,000 - 465,000 465,000 - 470,000 470,000 - 475,000 475,000 - 480,000 480,000 - 485,000 485,000 - 490,000 490,000 - 495,000 495,000 - 500,000 500,000 - 505,000 505,000 - 510,000 510,000 - 515,000 515,000 - 520,000 520,000 - 525,000 525,000 - 530,000 530,000 - 535,000 535,000 - 540,000 540,000 - 545,000 545,000 - 550,000 550,000 - 555,000 555,000 - 560,000 560,000 - 565,000 565,000 - 570,000 570,000 - 575,000 575,000 - 580,000 580,000 - 585,000 585,000 - 590,000 590,000 - 595,000 595,000 - 600,000 600,000 - 605,000 605,000 - 610,000 610,000 - 615,000 615,000 - 620,000 620,000 - 625,000 625,000 - 630,000 630,000 - 635,000 635,000 - 640,000 640,000 - 645,000 645,000 - 650,000 650,000 - 655,000 655,000 - 660,000 660,000 - 665,000 665,000 - 670,000 670,000 - 675,000 675,000 - 680,000 680,000 - 685,000 685,000 - 690,000 690,000 - 695,000 695,000 - 700,000 700,000 - 705,000 705,000 - 710,000 710,000 - 715,000 715,000 - 720,000 720,000 - 725,000 725,000 - 730,000 730,000 - 735,000 735,000 - 740,000 740,000 - 745,000 745,000 - 750,000 750,000 - 755,000 755,000 - 760,000 760,000 - 765,000 765,000 - 770,000 770,000 - 775,000 775,000 - 780,000 780,000 - 785,000 785,000 - 790,000 790,000 - 795,000 795,000 - 800,000 Over 800,000 Credit Rating Select ---------------> Excellent Good Fair Poor

Maryland State Loan and Credit Guideline Updates
Home values throughout Maryland have recently peaked at all-time highs. Take a look at the Overview for Maryland Home Mortgages. Get a credit line or second mortgage and maximize the value of your home today. Find out what the local interest rates are for home equity loans and credit lines.
With home sales dipping slightly across the East Coast. It may be your last chance to refinance your adjustable rate mortgage or take out a fixed second mortgage at a competitive home equity rates.

Clearly housing supply is getting higher and the consumer demand has been reduced. Home prices have fallen from their summertime highs -- though prices fluctuate every month and often decline in the fall because summer is the busiest home-buying season. Nevertheless, some slides are evident almost everywhere: In the District, the median price -- the point at which half the houses cost more and half cost less -- was $425,000 in October, down from a high in August of $435,088. In Fairfax County, the peak was in July, when the median price was $503,000. In October, it was $489,450. The peak in Montgomery County was also in July, when prices hit $460,000; the median price in October was $429,000.

Joiner does find an exception in Virginia housing woes. Prince George's County, where October's price was an all-time high of $315,000 -- possibly because demand, spurred by prices that are still less expensive than elsewhere in the region, has remained high. Housing experts say the slowdown is occurring for several reasons. In the past few months, a lot of homeowners put their places on the market speculatively, hoping to cash in, creating a surge in housing supply. Many investors, whether speculators or landlords, have done the same, either because they believe the market has peaked or because they cannot make enough money in rent to support the mortgages.

They are finding fewer buyers because the double-digit price appreciation of the past few years has priced many people out of the market. The recent rise in mortgage interest rates, which causes monthly payments to rise, adds to price pressures. And now, with fears that the market has peaked, more people are simply afraid to buy.

Debt Consolidation Loans: Home Equity or Unsecured Loan?
Debt consolidation loans have become a popular way for Maryland homeowners to free up money each month by consolidating several monthly credit card payments into a single lower interest loan. But, the question is whether it's best to consolidate those debts into a home equity loan or an unsecured debt consolidation loan.

Nationwide Testimonial
"Although we had some credit problems a few years ago, you were able to refinance my mortgage and even open a line of credit as well. Nationwide Mortgage Loans understood our needs and provided us with a great solution. Thank you!" T. Sampson-Annapolis, MD

Take a moment and complete our secure form online and a professional loan officer will contact you promptly with a Free Loan Quote. Remember there is No Obligation at all.