First-time homebuyers could get 6.1% mortgagesFirst-time...

Industry Watch

September 06, 1998

First-time homebuyers could get 6.1% mortgages

First-time homebuyers in Maryland still have time to take advantage of the $75 million Maryland Mortgage Program that offers 30-year fixed-rate mortgages at 6.1 percent.

The mortgage money is available in Baltimore and every county -- except Montgomery and Prince George's -- with income requirements and purchase price limits based on the local market.

For more information, call 410-514-7501 or 800-638-7781.


Harlem Park group offers classes for homebuyers

Harlem Park Revitalization will conduct the first of four Homebuyers Club meetings from 6: 30 p.m. to 8: 30 p.m. Wednesday. The other meetings are scheduled for Sept. 23., Oct. 7 and Oct. 21 at 1017 Edmondson Ave.

A community service organization that specializes in providing low-income housing, Harlem Park Revitalization was formerly known as St. Pius V Housing Committee Inc.

The first class covers bills and credit. Mortgages will be discussed during the second class. The third session looks at shopping for a home and home inspection. The final class includes settlement and tips for new homeowners.

There is a $15 fee for a Homebuyers Club manual. For more information, call 410-728-5086.

Harbel Housing offers home-buying workshops

Harbel Housing Partnership is sponsoring a free, two-part home-buying workshop at 6: 30 p.m. Thursday and Sept. 17 at Good Samaritan Hospital, 5601 Loch Raven Boulevard.

Part One will cover housing affordability, credit and the Baltimore and Baltimore County Settlement Expense Loan Program. Contracts, home inspection, mortgage programs and working with a Realtor will be in Part Two.

For a reservation, call Harbel at 410-444-2100.

News in Brief

Century 21 Diana Realty Inc. said sales associate Denise Diana has received the Graduate Realtor Institute designation from the National Association of Realtors.

Mount Royal Management Corp. said John Puller has earned the Certified Property Manager designation from the Institute of Real Estate Management.

On the Move

American SkyCorp Inc. reports new employees in the mortgage banking division are accounting manager David Smith, post-closer Debbie Daniel, loan processors Mimi Cook, Cathy Fisher and Cheri White, and loan officers John Dietz, Lee E

Hudin, Steve Kazmerek and Roger Lamison.

Harkins Builders of Silver Spring promoted Milton J. Pajak Jr. to business development manager. Before joining Harkins, Pajak was a self-employed general contractor/construction manager.

Kann & Associates Inc. said Ann McKee and Bhisham Persad joined the Baltimore-based firm. A project architect in the historic preservation group, McKee has a master's degree in historic preservation from the University of Pennsylvania and a bachelor of arts in architecture from the University of Oregon. Persad has a bachelor of arts in architecture from the University of Toronto, Canada. He is an architectural designer in Kann's retail and commercial group.

What's new?

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Pub Date: 9/06/98

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