The Best Home Loans and Lowest Mortgage Rates in The District of Columbia

Are you considering purchasing a home in the District of Columbia? Maybe you already own a home, and are now considering refinancing or tapping into your home's equity? In either case, you've found the right place.

Our information is designed to help you find out all you need to know about mortgages and home loans, and it's customized to the District of Columbia. Whether you're looking for a traditional 30 year fixed mortgage, a reverse mortgage, or a FHA loan, our site is here to help you every step of the way. By taking advantage of our expert knowledge and various mortgage tools, you'll soon find out that D.C. has much more to offer beyond its rich historic background.

Having a good working knowledge of how mortgage loans work wherever you live in Washington DC can help you select a home and keep it for years to come. Whether you're looking for a Billings new home loan or a Missoula mortgage refinance, it pays to do your homework.

Getting The Best Washington DC Mortgage Rates

You can compare competing quotes from our lender database of reputable Washington DC mortgage lenders by filling the form to the right.

For most of us, buying a home is the largest investment we'll make in our lives, so take the time to speak to different lenders and see what offers are available to you.

By contacting several of these mortgage lenders, individuals can compare mortgage quotes, interest rates, and various loan terms. In addition, individuals will be able to find a mortgage professional that understands their unique financial needs. For some, this may simply be obtaining the lowest monthly mortgage payment and interest rate. On the other hand, some individuals may be more concerned with long term fixed rates and financial stability.

District of Columbia's Special Mortgages and Home Loan Programs

Within the District of Columbia, the Housing and Community Development organization provides two distinct homeownership opportunities. The first is the Home Purchase Assistance Program designed to provide interest-free and low-interest loans to qualified residents. Depending on individual eligibility and financial need, residents are separated into a three tiered system determining how much down payment and closing costs assistance can be received.

The Employer Assisted Housing Program (EAHP) is available to employees of the District of Columbia government who are first time homebuyers within the District. In this program, eligible individuals may be able to receive matching down payments funds anywhere from $1,500 up to $10,000. The Office and Tax Revenue department also details a first time homebuyer individual income tax credit up to $5,000.

Additional Mortgage Information and Calculator Tools

Our site also provides a variety of helpful tools to help individuals find the best mortgages and lowest interest rates in the District of Columbia. First time homebuyers, for example, can take advantage of our amortization calculator and mortgage rate comparison calculator to help evaluate different mortgage quotes. Existing homeowners and residents can utilize our refinance calculators and affordability calculator to determine the costs of refinancing, evaluate potential savings, and find out how much equity they can afford to borrow.

In addition to these tools, below you will find a short list of links filled with information unique to residents of D.C. The information ranges from first time homebuyer programs, general property tax information, FHA loans, reverse mortgages, and even foreclosure avoidance tips.