New types of mortgages exist featuring help for first- time home buyers and flexible terms for current home owners. These help home buyers to buy sooner by expanding qualification criteria and to “afford more house.”
Why rent when you can OWN? You can afford more than you think!
When it comes to paying for a home, buyers today have an almost unlimited number of financing options from which to choose. Even if you have been discouraged by other lenders, we just may have the means to put you through the door of your first home.
A mortgage lender will evaluate a potential homebuyer's credit report plus earnings, savings and debt information to get an estimate of the mortgage amount the borrower would qualify for. This is based on documentation the borrower has in hand, or what the borrower tells the lender. The review can take as little as a few hours or as long as a few days.
Prequalification is usually free.
This process goes a step further than prequalifying. Pre-approval means the lender has contacted the borrower's employer, bank and other places to verify all claims of earnings and assets. In return, the borrower receives a letter stating that he has mortgage approval for a certain amount.
Since you already qualify for financing, pre-approval can speed up and improve your chances of reaching an agreement on the purchase price with the seller.
Primary Residential Mortgage
489 Ritchie Highway Ste 202
Severna Park, MD 21146
NMLS # 156081
Kyndle Quinones has funded over $425 million in residential mortgages since entering the industry in 2001. She specializes in creative financing that allows borrowers to choose the product that best suits their situation. Each borrower is given their own financial portfolio to allow them to compare fixes rates to adjustable rate mortgages and goes over them in detail to work with each buyer on their own individual budget. She is also highly experienced in the Maryland Mortgage Program and VA loans.
Kyndle Quinones has been recognized for 3 consecutive years as one of the Top 1% of Mortgage Originators in America published in Mortgage Executive Magazine. She has also been a member of the Chairman’s club since 2003.
Kyndle was born and raised in Annapolis, Maryland. She graduated from the University of Maryland and is the former head coach of the University of Maryland Women’s Club Lacrosse Team. She is currently a head coach for Maryland United Lacrosse Club and currently holds the position as the lacrosse commissioner in Severna Park, MD for the Green Hornets Association for girls’ lacrosse. She is a mother of two children, Myles and Kylen, and is currently residing in the Severna Park area with her family.
Kyndle goes above and beyond for all of her clients, making sure she is there to guide them every step of the way throughout their loan process to ensure all questions are met.
Marty, as many of his hundreds of repeat customers call him, is no stranger to the mortgage industry. For nearly a decade, he owned and operated a mortgage brokerage firm, Interstate Funding Corporation. He joins the Embrace family as a Senior Loan Officer, doing what he loves – helping borrowers obtain residential purchase and refinance loans in the greater, MD, VA, PA, WV and Washington DC areas.
Born and raised in MD, its not surprise that’s where he’s settled, in Frederick with his beautiful wife of 12 years, their twin boys and daughter… and 3 border collies. In his spare time, he enjoys college football, golf, fishing and coaching youth sports.
Marty Scovitch, NMLS# 144260, is employed by Embrace Home Loans and is licensed in: DC DE MD PA VA WV
Martin J. Scovitch
Embrace Home Loans
8840 Stanford Blvd., Ste 1000
Columbia, MD 21045
Office: 800-333-3004 x 3820
NMLS # 144260