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Darren Rickwood (NMLS ID 170353) – First Home Mortgage – Mortgage Lender in Prince Frederick, Maryland

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Company: Darren Rickwood (NMLS ID 170353) – First Home Mortgage

Location: 230 Merrimac Ct #86, Prince Frederick, MD 20678

Rating: 5.0-star rating from 35 customer reviews

Phone: +1 443-968-9256

Hours: Monday:7:30AM-8:30PM, Tuesday:7:30AM-8:30PM, Wednesday:7:30AM-8:30PM, Thursday:7:30AM-8:30PM, Friday:7:30AM-8:30PM, Saturday:7:30AM-8:30PM, Sunday:7:30AM-8:30PM

Need a mortgage lender in Prince Frederick, MD? This complete guide covers Darren Rickwood (NMLS ID 170353) – First Home Mortgage’s services, lending criteria, approval process, and what real customers are saying about their experience.

Important Notice: The information on this page is provided for general reference and does not represent financial advice or a loan offer. Actual loan terms, rates, and eligibility depend on your individual financial situation and the lender’s current requirements. We recommend consulting with a licensed financial advisor and comparing multiple lender offers before committing to any loan product.

About Darren Rickwood (NMLS ID 170353) – First Home Mortgage

Local residents in Prince Frederick rely on Darren Rickwood (NMLS ID 170353) – First Home Mortgage for dependable lending assistance and fair terms. This company is well suited for homebuyers seeking purchase financing, homeowners looking to refinance for better rates or cash-out, and individuals exploring first-time buyer programs and down payment assistance. For those seeking loans near Prince Frederick, this company provides comprehensive mortgage lender services tailored to the needs of local borrowers.

As a lending service in Prince Frederick, Darren Rickwood (NMLS ID 170353) – First Home Mortgage is dedicated to providing professional financial assistance with clear terms, responsive service, and accessible loan products. Maryland maintains strict consumer lending regulations and prohibits payday lending, with the greater Washington DC area and Baltimore driving significant mortgage and personal lending volume.

Choosing the Right Lender in Prince Frederick

Your credit health depends on making well-researched borrowing decisions, yet many people sign with the first lender who approves them without comparing options. Investing effort in comparing lenders before your borrowing need becomes urgent means you have a trusted financial partner ready when you need them. This proactive step can mean the difference between a smart financial decision and a debt trap.

When interviewing potential lenders, ask about their licensing and regulatory compliance. A company that employs trained loan officers who explain products clearly demonstrates a commitment to ethical lending. Also inquire about their options for payment deferral during hardship, as these details significantly affect your total borrowing cost and experience.

Understanding Your Loan Options

The variety of loan products available requires informed decision-making to find the right fit for your situation. From personal installment loans with fixed monthly payments to mortgage loans for home purchases, each product has different qualification criteria and repayment structures.

Your financial needs determine the right loan type. Factors like whether you can offer collateral all influence the interest rate you qualify for. A professional consultation with a loan officer ensures you choose the borrowing solution that fits your budget and timeline.

Services Offered

Customers of Darren Rickwood (NMLS ID 170353) – First Home Mortgage can expect a range of professional lending services, including:

• Conventional home purchase loans: Options for returning customers and refinancing opportunities as credit improves.
• FHA, VA, and USDA mortgage programs: Flexible repayment schedules designed to match your income and budget.
• Refinancing and rate-and-term refinance: Multiple loan products available to match different borrowing needs and credit profiles.
• Cash-out refinancing: Secure handling of personal and financial information with privacy protections.
• Jumbo and non-conforming loans: Clear written agreements with all terms, fees, and conditions explained upfront.
• First-time homebuyer programs: Professional staff available to answer questions and guide you through the lending process.
• Home equity loans and HELOCs: Ongoing customer service support throughout the life of your loan.
• Pre-qualification and pre-approval: Applications reviewed by trained loan officers who evaluate your specific financial situation.

Mortgage rates fluctuate with market conditions. Typical costs include origination fees (0.5-1% of loan amount), appraisal fees ($300-$600), title and closing costs (2-5% of purchase price). Compare rates from multiple lenders for the best deal.

Understanding Loan Costs and Rates

The financial investment in credit varies based on loan type, amount, and your credit profile. Most personal loan lenders charge late payment fees of $15-$40 per occurrence. Short-term loans like payday and title loans typically have fees that translate to triple-digit annual rates.

Informed consumers compare not just the monthly payment but the APR which includes all fees and interest. A lender with a transparent fee structure with no hidden charges may cost less overall than a low-rate teaser that adjusts upward. Ask about what is included in the quoted APR to get a complete picture of total borrowing cost.

What to Look For in A Mortgage Lender

When evaluating Darren Rickwood (NMLS ID 170353) – First Home Mortgage or any mortgage lender, borrowers should prioritize these key factors:

• NMLS registration and state mortgage licensing
• Competitive rate and fee structure compared to market
• Responsiveness and availability of the loan officer
• On-time closing track record
• Availability of multiple loan programs (conventional, FHA, VA, USDA)

Questions to Ask Before Borrowing

• What is my estimated interest rate and APR?
• What are the total closing costs and fees?
• How long does your typical closing take?
• Do you offer rate lock and what are the terms?
• Are there any down payment assistance programs I qualify for?

Pro Tip: Get Loan Estimates from at least three mortgage lenders to compare rates, fees, and closing costs on the same terms. The Consumer Financial Protection Bureau (CFPB) provides tools for comparing mortgage offers at consumerfinance.gov. Maryland prohibits payday lending and maintains strict rate caps on consumer loans; verify lender licensing through the Commissioner of Financial Regulation.

Smart Borrowing Tips

Borrowing money involves more than just getting approved. Create a budget that accounts for the new monthly payment to ensure a organized repayment experience. Build a simple reminder system with payment due dates, amounts, and confirmation numbers so you always know exactly where you stand with your obligations.

For borrowers with multiple debts or complex financial situations, plan for extra payments toward principal when budget allows. If your credit score improves significantly, explore consolidating multiple debts into one lower-rate loan. After paying off your loan, resist the urge to increase spending to fill the budget gap to maintain the financial momentum you have built.

Why Customers Choose Darren Rickwood (NMLS ID 170353) – First Home Mortgage

• Focused expertise in mortgage lender services
• Transparent terms with clear disclosure of all rates, fees, and repayment obligations
• Established lending reputation in Prince Frederick
• Strong customer satisfaction (5.0-star rating from 35 reviews)
• Expert home financing guidance with access to multiple mortgage programs including FHA, VA, and conventional loans

What to Expect When Applying for a Loan

A well-organized lending process at a company like Darren Rickwood (NMLS ID 170353) – First Home Mortgage follows a predictable sequence that protects both borrower and lender:

• Research phase (before applying): Compare rates from at least three lenders. Check your credit score and review your budget to determine an affordable monthly payment.
• Application (15-30 minutes): Complete the application with accurate information. Have recent pay stubs, bank statements, and government ID ready. Inaccurate information delays processing.
• Verification period: The lender verifies income, employment, and credit. Respond promptly to any requests for additional documentation. Delays here are the most common cause of slow funding.
• Rate and term review: Review your offered rate, term length, monthly payment, and total repayment amount. Compare the APR (not just the interest rate) with other offers you have received.
• Closing and funding: Sign your loan agreement after confirming you understand every term. Federal law provides a right of rescission period on certain loan types. Funds arrive per the lender’s disclosed timeline.
• Account management: Set up online access to your loan account. Enroll in autopay. Keep records of your agreement and all payment confirmations. Contact your lender proactively if you anticipate any difficulty making a payment.

Customer Reviews and Reputation

Located for efficient service coverage across the surrounding area. Darren Rickwood (NMLS ID 170353) – First Home Mortgage is trusted by many local borrowers for personal and auto financing needs.

With a 5.0-star rating from 35 customer reviews, this lending service has earned strong confidence among local borrowers. This rating places them among the top-rated lending services in Prince Frederick.

Common Strengths Mentioned in Reviews

• Fast and straightforward loan approval process
• Flexible repayment options that accommodate different budgets
• Quick funding after approval, often same-day or next-day

Potential Considerations

• Repayment terms and penalties for late or missed payments should be clearly understood upfront
• Interest rates may be higher than traditional bank loans depending on credit profile
• Understanding the total cost of borrowing including all fees and interest is essential before committing

Who Is Darren Rickwood (NMLS ID 170353) – First Home Mortgage Best For?

Based on the available information, this loan provider caters well to homebuyers seeking purchase financing, homeowners looking to refinance for better rates or cash-out, and individuals exploring first-time buyer programs and down payment assistance. Borrowers who prioritize finding a knowledgeable mortgage professional who guides you through the homebuying or refinancing process with competitive rates, clear communication, and reliable closing timelines will likely find this company aligns with their expectations.

The most common concern when working with a mortgage lender is whether the lender offers competitive rates, whether closing will happen on time, whether the process will be transparent with no last-minute fee surprises, and whether the loan officer is responsive and accessible. We recommend requesting a complete loan disclosure and comparing at least three lenders before finalizing your borrowing decision.

Lending Services in Maryland

Maryland maintains strict consumer lending regulations and prohibits payday lending, with the greater Washington DC area and Baltimore driving significant mortgage and personal lending volume. For residents in Prince Frederick, having access to reputable lenders like Darren Rickwood (NMLS ID 170353) – First Home Mortgage is essential for making informed borrowing decisions.

Maryland prohibits payday lending and maintains strict rate caps on consumer loans; verify lender licensing through the Commissioner of Financial Regulation. Taking time to verify licensing, compare rates, and read reviews before borrowing can save you from unfair terms, hidden fees, and lending practices that do not serve your interests.

Mortgage Lender Near Prince Frederick

Residents searching for a lender in Prince Frederick, MD will find Darren Rickwood (NMLS ID 170353) – First Home Mortgage offers conventional home purchase loans, fha, va, and usda mortgage programs, and more. Having a trusted loan provider near Prince Frederick that offers transparent terms, licensed operations, and responsive service provides a practical advantage for smart borrowing decisions.

Frequently Asked Questions

Can I pay off my loan early?

Most lenders have specific policies about early repayment that you should review. Before signing, ask specifically about prepayment penalty provisions. Paying off a loan early can save significant money on interest.

What happens if I miss a payment?

Missing a loan payment can negatively impact your credit score if reported to credit bureaus. If you anticipate difficulty, contact your lender immediately to discuss hardship options. Most reputable lenders prefer to work with borrowers than pursue collections.

Are online lenders safe?

Many online lenders are legitimate, licensed financial institutions. To verify an online lender, look for NMLS numbers for mortgage lenders. Never provide sensitive information to a lender you have not verified.

Should I use a secured or unsecured loan?

Unsecured loans are based solely on creditworthiness. Secured loans (title loans, home equity loans) typically offer the risk of losing your collateral if you default. Unsecured loans (personal loans, payday loans) offer no risk to specific assets.

Directory Information

Company Name: Darren Rickwood (NMLS ID 170353) – First Home Mortgage

Address: 230 Merrimac Ct #86, Prince Frederick, MD 20678

Phone: +1 443-968-9256

Hours: Monday:7:30AM-8:30PM, Tuesday:7:30AM-8:30PM, Wednesday:7:30AM-8:30PM, Thursday:7:30AM-8:30PM, Friday:7:30AM-8:30PM, Saturday:7:30AM-8:30PM, Sunday:7:30AM-8:30PM

Google Rating: 5.0 stars (35 reviews)

Website: http://teamrickwood.com/

How to Evaluate a Lender Before Borrowing

Before committing to Darren Rickwood (NMLS ID 170353) – First Home Mortgage or any lender in Prince Frederick MD, prepare by: knowing your credit score, calculating how much you can afford to repay monthly, and gathering income documentation. This puts you in the strongest possible position to evaluate offers and negotiate terms.

• Get at least 3 quotes. Compare APRs, not just monthly payments. APR includes all fees for a true cost-of-borrowing comparison.
• Check licensing. Verify the lender holds a valid state license through your state’s financial regulatory agency. If a lender cannot provide licensing information, do not borrow from them.
• Read the fine print. Focus on prepayment penalties, late fee policies, default provisions, and any variable rate triggers. These terms matter more than the headline rate.
• Check complaint history. Search the CFPB complaint database (consumerfinance.gov) and BBB (bbb.org) for the lender’s complaint history and resolution patterns.
• Red flags: Guaranteed approval regardless of credit, pressure to sign immediately, upfront fees before loan approval, no physical address or state license, and rates significantly below market without explanation.

How We Evaluate Lenders

The information in this directory is compiled from publicly available sources including Google business data, customer reviews, and state regulatory filings. Our evaluation considers factors including licensing status, customer feedback patterns, fee transparency, and regulatory compliance history. We do not guarantee the accuracy of third-party data and encourage borrowers to verify all information directly with the lender and their state’s financial oversight agency.

Finding the Right Lender in Prince Frederick

Finding professional lending help in your community involves comparing rates, terms, and reputation across multiple providers. Darren Rickwood (NMLS ID 170353) – First Home Mortgage is one option available to area families. We encourage all borrowers to get at least three rate quotes from licensed lenders, verify credentials through your state regulator, read multiple review sources, and choose a lender that provides transparent terms, proper licensing, and responsive customer service.

Final Word from Nears.me

Our goal is to connect people with the best lending services in their community. We hope this profile of Darren Rickwood (NMLS ID 170353) – First Home Mortgage in Prince Frederick, Maryland helps you make an informed borrowing decision.

This directory profile is maintained by nears.me. Lending company owners wishing to claim or update their listing can visit https://nears.me. For database corrections: [email protected]

Quality Assurance: This listing has been reviewed by the Nears.me Financial Content Team for accuracy, balanced presentation, and alignment with responsible lending information standards.

230 Merrimac Ct #86, Prince Frederick, MD 20678

+1 443-968-9256

Darren Rickwood (NMLS ID 170353) – First Home Mortgage is a mortgage lender in Prince Frederick, MD. Rated 5.0 out of 5. See reviews, loan options, rates &

Opening Times

Monday:7:30AM-8:30PM
Tuesday:7:30AM-8:30PM
Wednesday:7:30AM-8:30PM
Thursday:7:30AM-8:30PM
Friday:7:30AM-8:30PM
Saturday:7:30AM-8:30PM
Sunday:7:30AM-8:30PM

Darren Rickwood (NMLS ID 170353) – First Home Mortgage Rated 5 Stars With 35 Reviews,  To check complete Reviews you can

Check   Here