Ronald Boyd

Ronald Boyd Ronald Boyd is a Mortgage Loan Originator at Fulton Mortgage Company, a division of Fulton Bank, N.A. Views expressed here are solely my own.

40 years experience as a mortgage loan officer NMLS 178194

03/17/2025

Buying your first home? You may qualify for down payment and closing cost assistance with the First Front Door program! Contact me today to learn more about this program.

you want to sell but don't want to give up that great mortgage rate you have? Think again....you could be paying a much...
09/12/2024

you want to sell but don't want to give up that great mortgage rate you have? Think again....you could be paying a much higher "blended" rate. I can help you make your dream home more affordable in many ways

08/23/2024

I am not sure if you heard, but Fed Chairman Powell spoke this morning. I have listened to most of it. It was very encouraging sentiment from him. Please take a listen if you have some time over the weekend. NOW is the time to be reaching out to your partners, and customers………….let’s get the chatter going, if you don’t SOMEONE else will.

Send a message to learn more

08/16/2024

Send a message to learn more

08/16/2024

So tomorrow, August 17, is the day that may change realtors' relationships with their buyers and sellers in regards to the realtors compensation. I cannot urge sellers enough to continue with the status quo concerning the compensation due to the impact on buyers' financing. This can make a huge difference to the number of qualified buyers that will be bidding on your property. Basically, there are two scenarios that still result in the same net proceeds to the seller but from a lenders perspective, makes a difference in determining the amount of cash the buyer needs for settlement:
 Some sellers will still keep the status quo whereby they pay compensation to the buyers agent. This has been common place for as long as we can remember and what we are use to.
 Some sellers may elect to offer the buyer a concession (aka seller credit) to help offset the compensation that the buyer needs to pay their agent. It is very important to realize that this counts towards the maximum IPC (interest party contribution) limit. So for example, when using a conventional loan with 5% down you can only have a maximum of 3% in IPCs. If a seller elects to provide say a 2.50% seller credit upfront to compensate for the lack of compensation, that means they can only provide an additional 0.50% in the future. You can then apply this same logic to all of our other products.
Please discuss this with a knowledgeable real estate agent and don't be sold on a low percentage for broker compensation.

Send a message to learn more

03/26/2024

Great news for medical professionals looking to finance a home. Check out our new increased financing options. You may qualify for 100% purchase financing for loan amounts up to $1.5 million, 95% financing for loan amounts up to $2 million and 90% financing for loan amounts up to $3 million. Contact me for details.

https://www.fultonbank.com/Personal/Mortgages/Medical-Professional-Loans

Address

130 North Street NMLS 178194
Elkton, MD
21921

Telephone

+14433501894

Website

Alerts

Be the first to know and let us send you an email when Ronald Boyd posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Ronald Boyd:

Shortcuts

Share

Category