Business & Tech
Planet Home Lending Open Annapolis Office
The newest branch of Planet Home Lending in Annapolis offers a variety of services for prospective buyers and current owners.
ANNAPOLIS, MD – Planet Home Lending, LLC, has opened its doors in Annapolis at 1910 Towne Centre Boulevard, Suite 250, Office 235. Branch manager David Win has invested more than two decades in helping people making important financial decisions.
Planet Home Lending in Annapolis will offer home loans for first-time homebuyers, move-up buyers, real estate investors, and offers loan products for borrowers who fall outside the standard credit box, including self-employed business owners, retirees, foreign nationals and people who have had a bankruptcy or foreclosure.
“Planet Home Lending is a great fit for the Annapolis-DC Metro area because we offer loans homeowners here need,” Win said in a press release. “We have access to state and county home loan programs that help homebuyers obtain grants and/or loans for down payments and closing costs. Those programs include the Maryland Mortgage Program, the Anne Arundel County Mortgage Assistance Program and the Prince George’s County Purchase Assistance Program. You have to be creative to give homebuyers and homeowners loan choices in the Annapolis- DC Metro market.”
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Some consumers in the Annapolis area face high home prices, housing inventory shortages and personal challenges, such as high student debt, the release noted.
“Planet Home Lending has products and strategies to tackle those challenges,” Win stated in the release. “We know how to apply the underwriting rules to consumer’s existing personal finances so they have more specific home loan choices, instead of pushing them into a one-size-fits-all loan.”
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The new branch also can help luxury homebuyers, said Planet Home Lending Senior Vice President of National Production Mike Lee in a press release.
“They are experts in jumbo home loans and lend up to $3.5 million at competitive rates with appealing features, like a jumbo home loan no-mortgage insurance option,” he stated.
Planet Home Lending also offers a personal digital mortgage assistant, Skymore by Planet Home Lending™, which consumers can use to apply via their mobile device to get a home loan from anywhere. Borrowers and real estate agents can track loan progress 24/7, reach out to ask their loan officer questions and submit paperwork electronically, to reduce reliance on paper.
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