Hi there!  My name is Ryan Lowry, and I own my own local mortgage company in MD, Harford Funding Group, Inc.  I have been a long tome member/vendor on the Maryland Creepers Board, and I've done a TON of loans for fellow wheelers just like you.  I have now entered the vendor arena on a few other local boards per the advise of several of my wheeling peers.  I handle purchase, refinance, and equity line transactions in MD, DE, VA, and PA.  I have persoanlly handled home financing for over 25 Maryland Creepers and their referrals over the last 4 yrs.  If you are considering buying, refinancing, or just want to ask me questions, please feel free to contact me at anytime.  

It's a pretty crazy market right now and home financing is usually the biggest financial transaction of your life.  Allow a fellow wheeler and local vendor to save you a chunk of change and help you through the entire process start to finish.

Please call me with any of your financing needs.  I have strong relationships with realtors, appraisers, and title companies all over my 4 states.  Together we can save you serious coin over going with someone you don't know.

If you would like referrals from any of the fellow wheelers I have done business with over the years, do not hesitate to ask...I encourage it.  Honesty a strong reputation in the wheeling community are the foundations of my business.

Thank you for having me on ESJA, and for the opportunity to earn your respect and your business!

See you on the trails soon!

Ryan C. Lowry
President
Harford Funding Group, Inc.
Ryan@harfordfunding.com
http://www.harfordfunding.com
W:410-399-0303
C: 410-804-5978

Big thanks to Ryan for easing us through our refi.  He did our first mortgage, and the home equity.

Couldn't ask for an easier way to get through something as involved as that.

Okay, maybe I'll hold off on the pink spray paint.....

Quoted from Hubdeep Big thanks to Ryan for easing us through our refi.  He did our first mortgage, and the home equity. Couldn't ask for an easier way to get through something as involved as that. Okay, maybe I'll hold off on the pink spray paint.....

Thanks Jason, I appreciate the kind words, and the holding off on the pink spray paint  

From time to time I will post in this section to give you info on any rate or market changes that may be occuring...it's just FYI, but please call me with any questions or scenarios you may have.  I'll do everything I can to help in any way I can  



Rate update for 12/12/07!!

30yr fixed rates are still in the high 5's to low 6's, 15yr rates are in the mid 5's

Prime rate was cut again yesterday, and now sits at 7.25%!!

Purchase mortgages are making a come back at an odd time of year simply b/c there is a large inventory for sale, and prices have come down BIG TIME. Rates are d**n good, so it makes for a good time to shop.

Let me know if you or anyone you know has questions or scenarios over the holidays or beyond!

Happy holidays everyone!!

Hope everyone had a safe and happy holiday season!  Now that the holidays are behind us, please feel free to contact me with any home financing questions or scenarios you may have.

I'm always available, and happy to help in any way I can  

Ryan

Just a rate update for those interested...

30yr rates dipped down into the high 5's again after a short stint around 6.5% when the negative economy wind blew thru again around holiday shopping woes.

Prime is still holding strong, and we're hoping for another cut sometime soon!

Please feel free to contact me for any home financing needs you have, be it purchase, refinance, home equity loans etc.  

If you are currently being offered financing by any other company, give me a buzz and I'll tell you if you're getting a good deal, and if I can do better or not.  Saving a few thousand is well worth a phone call just to compare!!

Thanks,

Ryan
410-399-0303
Ryan@Harfordfunding.com

If any of you guys or gals out there have home mortgages above 6%, you should give me a buzz.  In the last two days I've got 3 fellow wheelers locked in at 5.375% on 30yr fixed rate mortgages.  Rates have been stupid low, and have not got this low in 2+years!

Doesn't hurt to look at options, and I'm doing them dirt cheap to get my company name out a bit more in the wheeling community.

Contact me with any questions or scenarios!

Ryan

The market got pounded again today, and 5.25% popped up on the 30yr fixed rate charts  

15yr hit 4.875%

If you have anything in the 6's or higher, please call me...rates have not been this good in a LONG time.

Ryan

I'm sure you all have heard this on the news, but a bill was just passed that will temporarily raise the conforming loan limits around the country.  The amounts will go up from $417k, but just how much they will rise in each region is a bit unclear.

I have a few e-mails that indicate the high cost areas in the country (Hawaii, FL, NY for example), will go as high as $729k.  Other areas like MD, PA, DE, VA will go to 125% of the median home price.  This is where things become unclear.

I will keep you posted, but anyone with a 1st mortgage currently at or above $417k to whatever your area's limit is going to, and at a rate of 6ish% or higher, will most most definitely benefit from these new changes.

I will keep you all posted as more "accurate" details surface.

Ryan

Loan limits have officially adjusted depending on your location, and rates are in the mid 5's on the 30yr and low 5's on 15yrs.

Just wanted to give you all the heads up, and let me know if you need me for anything  

Ryan

RATE UPDATE  

Well, once again we had the market roller coaster ride as rates went up to the following approximate numbers for well qualified borrowers.

30yr fixed rate is sitting around 6%

15yr fixed rate is sitting around 5.5%

Please keep in mind for those of you that have seen a few mortgage market cycles in your life time, that these rates are still ridiculously low historically!These rates are up approximatley (.25%) from my posted May rates, so keep an eye on my threads so I can let you all know if they drop again. FWIW...I know a lot of you are hoping for the 5% 30yr's and 4.75% 15yr rates again, but I'm not so sure those numbers are going to be seen for a while. We have got close on a few occaisions, but not all the way there.

I will keep you all posted as I always do, but please consider that the market rates are imho sitting on the bottom or as close to as they were a few months ago when many held off for better...

Just my $.02, so call or e-mail me with any questions...

Ryan

It's been a roller coaster for rates as of late, but they seem to be holding at the points in my previous post.  Please call or e-mail me with any questions or scenarios!

Ryan

Ryan@harfordfunding.com

For those of you that have me watching rates for you...please read

Just wanted to give you an update, and this is the best way to reach you all. From the end of last week until today, the market has taken a pretty good pounding. Needless to say, this week is not a good rate lock week. Next week we are expecting more favorable changes, so please be available if I call/post. The typical factors we watch for rate changes are simply not applicable in this current market, so it's kind of tough to guage when/why the market turns in either direction with any certainty.

With that being said, I will continue to hawk the rates daily (hourly even) and get in touch with you the moment your desired rates are even close.

Just wanted to give you all a heads up, this market is pretty crazy, so I prefer to keep you all informed...

Ryan

The rates are back down again, and well qualified borrowers (strong credit, debt ratios, and equity positions) are seeing low to mid 5's on 30yrs again.  I even saw a 15yr fixed rate hit the 4's again  :shock:

I've received a lot of calls about the Gub-ment saying they "might" be working on rates to 4.5%, but PLEASE keep in mind this is not official, and will most likely be geared towards purchase money loans and have very strict guidelines (obviously).  I have NO OFFICIAL info on it yet, but will keep you posted as things arise.  



Ryan
Ryan@HarfordFunding.com
410-670-7025

If you were ever thinking of buying or refi'ing and you have good credit and strong equity (or money to put down on a purchase), this is the time to do it.  Rates are stooopid...call me or email me for best response!

Ryan

Ryan@harfordfunding.com
410-670-7025

...but the game is still the same! I've told many of you over the last couple months that I was in the process of merging with another company, and the deal is about done.  Should be all wrapped up as of 2/28/09, so I wanted to put my new info out there early!

Here is the list of new contact info...some is new, some is not...

Maryland Mutual Mortgage, LLC.
Ryan C. Lowry (El_Flasko)
Sales Manager is my title for now I think...aka "big boss guy"  
138 Industry Lane, #2
Forest Hill, Md 21050

Rlowry@mdmutual.com (different)
Direct Work: 410-670-7025 (same)
Direct Fax: 410-558-6811 (same)
Cell Line: 410-804-5978 (same)

My ryan@harfordfunding.com email will be functional thru 2/28/09, afterwards the Rlowry@mdmutual.com will be permanent, and my blackberry will be hooked to it as usual. The only real difference is my email addy and actual address...

I will be offering the same great service, and a bigger product line!!

-Conventional fixed rate loans in 10/15/20/25/30 yr terms
-Purchase and refinance loans in MD, DE, VA, (PA VERY soon!)
-FHA and VA purchase or refinance loans!!!!!!!!!!  
-Streamline refi's
-2nd mortgages (if/when they come back)
-Adjustable and Balloon loans (which I HATE, but I have them)  

Basically, if the product exists, I will be able to find it. I am REALLY excited about joining forces with a life long personal friend in the biz, and the opportunities it will bring for me and my clients!

As always, call or email me if you need me, and thank you for your business and your referrals!

Ryan