Financing Your Koch Home

A message from Koch Homes’ preferred lenders.

Koch Homes is proud to partner with many top quality businesses in our area. It takes the effort and expertise of a great many people to bring you a home of exceptional quality. The people at the businesses below help us to provide you with the home of your dreams.

Wells Fargo Home Mortgage offers all programs for FHA, VA and Conventional financing for all customers and they do not sell your loan to another lender.

Their exclusive Builder Best program offers long-term protection against market volatility while your dream home is taking shape. Wise money management is the cornerstone of this exceptional financing option that works to minimize the effects of fluctuating interest rates while waiting for your home to be built.

The Wells Fargo Builder Best program has features such as:

If the overall interest rate market goes up during the construction process, you remain protected and if interest rates decline, you can exercise your one-time option to obtain a lower rate on your loan if the market improves prior to closing.
You can even switch mortgage products prior to closing. Choose from a variety of mortgage products and extended lock periods, up to a 12 months lock in period.

Service... Integrity…Flexibility

For Details Contact:

Brenda B. Fennell
NMLSR ID 471878
Private Mortgage Banker

Office (443) 223-2916
Fax (877) 827-8726
Send Brenda an Email!
1753 Pinnacle Drive 4th Floor
McLean, Virginia 22102

Since joining First Home Mortgage in 1994 Tony Olmert has helped grow First Home into Maryland’s leading independent mortgage company. After graduating from St. Mary’s High School and The University of Maryland, Tony entered the mortgage business is 1985. Tony is a lifelong resident of Annapolis, has three teenage children, enjoys life on the Severn River and is a member of the St. Mary’s High School Sports Hall of Fame.

Conventional Mortgage Loans
First Home has superb rates and terms available for home purchasers, including fixed and adjustable rate mortgages — for everything from constructing a new home to financing investment and rental properties — in amounts all the way up to $4 million.

FHA Loans
These loan programs are insured by the Federal Housing Administration (FHA) and issued by qualified lenders, such as First Home Mortgage. We offer all of the current FHA loan programs, including home financing for purchase and refinance of owner-occupied homes, as well as the popular 203(k) rehabilitation loan and reverse mortgages.

CDA/State Bond Money
First Home Mortgage is the preferred lender for many of the State/CDA Bond money programs. We have grants and settlement loan expense programs that can be combined to create virtually no-cost loans for first time homebuyers with little or no housing payment history.

Fixed Rate Loans 
These are the loans with which people are most familiar. They let you count on paying the same monthly amount over the life of the loan. Your First Home Mortgage Loan Officer can find you the lowest possible fixed interest rate, and can also explain the advantages of our loan terms – 10, 15, 20, 25, 30 and 40 years.

Adjustable Rate Mortgages (ARMs)
 ARM loans provide an initial fixed-rate period followed by an interest rate that will adjust periodically. They allow you to lock in a good rate, but are flexible in case rates go down, giving you the advantages of refinancing without the costs or paperwork. Your Loan Officer can discuss First Home ARM loans with you, including many short-term variable rate mortgages that adjust periodically based on current market conditions.

VA (Veterans Affairs) Loans
 These loans offer 100% financing without private mortgage insurance to American veterans or to their surviving spouses. As a VA “Automatic Lender,” First Home Mortgage has the privilege of helping serve eligible veterans with in-house processing, underwriting and closing of all VA loans as a first or second mortgage, or as a refinance package.

As you can see, First Home Mortgage provides a variety of loan products for every need and financial picture. The first step toward securing any First Home Mortgage loan product is contacting your First Home Mortgage Loan officer. You’ll be delighted at how easy and convenient they make the process, and you’ll definitely notice their partnership approach with you through every step.

Tony Olmert - VP
First Home Mortgage Consultant

Office (410) 571-2020
Fax (443) 782-2435
Send Tony an Email!
900 Bestgate Road, Ste. 206
Annapolis, MD 21401