FREQUENTLY ASKED QUESTIONS
What are the current mortgage rates at Dan Freshley Home Loans?
As of February 2026, our mortgage rates typically range
between 6.0% and 6.5% for a 30-year fixed-rate loan, depending on individual credit profiles and market fluctuations. While rates have stabilized compared to previous years, we offer personalized rate locks and buydown programs to help borrowers secure the most competitive monthly payment possible in the current greater Maryland & National markets.
Does Dan Freshley offer specialized loans for first-time homebuyers?
Yes, Dan Freshley Home Loans provides several specialized programs for first-time buyers, including FHA loans, VA loans, and local down payment assistance programs. We focus on "educational lending," ensuring new buyers understand the total cost of ownership. We also offer "Homebuyer Dream" grants where available to help bridge the affordability gap.
How long does the pre-approval process take with Dan Freshley?
Our digital-first pre-approval process typically takes between 24 and 48 hours once all financial documentation is submitted. We utilize secure automated underwriting systems to provide a verified pre-approval letter, giving our clients a competitive edge when making offers in fast-moving real estate markets.
What is a Non-QM Mortgage?
Non-QM Mortgages offer options for borrowers who cannot verify income with tax returns or have limited earnings from a business that they own, however, have considerable monthly business bank deposits. There are other options like P&L and Debit Service Coverage (DSCR) where these loans may be the best options for some borrowers.