Author Archives: Woodsboro Bank

Strategies for Maryland Residents Considering a HELOC

For many homeowners in Maryland, applying for a HELOC (home equity line of credit) can [...]

Using a HELOC to Finance Home Renovations in Maryland

Do you have a mortgage loan you've been paying for a while? If yes, you [...]

Determining the Right Loan Term for Your Fixed-Rate Mortgage

There are many factors to consider when taking out a mortgage in Maryland. Three of [...]

Caps and Limits in Maryland Adjustable-Rate Mortgages

Adjustable-rate mortgages (ARMs) are home loan options with interest rates that can change depending on [...]

How to Improve Your Chances of Mortgage Approval in Maryland

Homeownership is the American dream, providing stability, security, and a sense of belonging. However, home [...]

Understanding the Ins and Outs of Mortgage Financing

First-time and current homeowners need help with the confusing and even overwhelming mortgage financing process. [...]

The Role of Credit Scores in HELOC Approval for Maryland Homeowners

When Maryland mortgage borrowers build sufficient home equity, they may be eligible for a cash-out [...]

Customizing Your Business Checking Account to Maryland’s Economic Landscape

Operating a business is a demanding endeavor. As risk-takers, entrepreneurs draw up business plans, manage [...]

Maryland FHA Loan Closing Costs: What to Expect and How to Plan

Established in 1934 to provide affordable home financing, the Federal Housing Administration (FHA) insures loans [...]

How an Interest-Bearing Business Checking Account Benefits Maryland Businesses

Successful business owners understand the importance of uncovering all possible revenue streams. Most of their [...]