Welcome to Lyn's Good News! Lyn Graham 410-876-5770 NMLS# 77145
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Welcome from Lyn

Hello everyone! I hope you are having a fantastic week! I have some exciting news for you. Starting this month, I am bringing back my popular newsletter series, "Lyn's Good News". As a long time resident of the Mid-atlantic area, I am passionate about educating homeowners in MD, PA, and VA on the topics of mortgage lending, real estate trends, personal finance, home maintenance and design. I thought this email newsletter would be a great way to easily share those topics with all of you. I hope that you enjoy this newsletter (and those to come) and find them valuable! Should you have any suggestions or would like more information about me or my services, please feel free to contact me at or 410-876-5770. 

How to Get Prequalified for A Home Loan

Many people don't realize but they often skip the first step in buying a home. And that is - pre-qualification. Getting prequalified for a home loan can save you tons of time and aggravation down the road. 

Before speaking to a mortgage lender, determine if there are actions that you need to take to increase your chances of being approved. At the very least, you should be aware of the following:

1. Know Your Credit Score

It literally takes a few minutes to pull your credit report and order your credit score but surprisingly, some home buyers never review their scores and credit history before submitting a home loan application. They either assume that their scores are high enough to qualify or they are fearful of being disappointed by their own score. However, a low credit score can stop a mortgage application dead in its tracks.

2. Save Your Cash

Requirements for getting a mortgage loan often change, and if you are considering applying for a home loan in the near future, it's wise to have some savings accumulated. 

3. Stay at Your Job

Quitting your job does not necessarily mean that your home loan will fall through but there is a possibility. Mortgage lenders can put a halt to your closing if your financial situation changes too drastically. It's best to wait until after you settle for big career changes. 

4. Pay Down Debt and Avoid New Debt

You don’t need a zero balance on your credit cards to qualify for a mortgage loan. However, the less you owe your creditors, the better. Your debt to income ratio (how much you spend vs. how much you make) will in part determine if you can get a mortgage as well as how much you can acquire from a lender. This is because your entire monthly debt payments, including the mortgage, shouldn’t exceed 36% of your gross monthly income. However, paying down your consumer debt before completing an application lowers your debt-to-income ratio and can help you acquire a better mortgage rate.

5. Know What You Can Afford

Don’t let lenders dictate how much you you are comfortable spending on your home each month. You control that portion of your budget. Identify an amount that is comfortable for all parties and includes provisions for things like property taxes, and home repairs. 

Tip of the Week

If you are looking to add value to your home, start with updating your kitchen! Ask any real estate expert what the No. 1 upgrade with the greatest return is, and the answer will be the kitchen. Upgrading appliances, adding a splash of paint, and adding a decorative backsplash are just a few of the things you can do to increase value! 


Melt In Your Mouth Chicken

If you want to impress your dinner guests but don't have a lot of time or a huge budget, try this wonderful dish. Your family and friends will be raving about it for a long time to come. It's delicious and much more healthy than fried! 

1/2 cup parmesan cheese
1 cup greek yogurt - plain
1 tsp. garlic powder
1 1/2 tsp. seasoning salt
1/2 tsp. pepper

Mix together and spread over prepared chicken breasts. Bake at 375 degrees for 45 minutes. Enjoy! 

Congratulations to all of the new homeowners out there this month! S. Costa, M. Peregoy, D &T Lubers, the Smith Family, and JT Butler, I am so happy for all of you! 
I hope you have a great month full of love and cherished memories! 


I am a licensed Senior Loan Officer with 1st Financial Inc and am committed to excellence. I provide a full line of personalized services in MD, PA, and VA to accommodate all of my customer’s needs, including: purchases, refinancing, first time home buyers, investment properties, reverse mortgages, and much more. I enjoy helping people find the best possible solution for their mortgage. Contact Lyn today at or at at 410-876-5770. 
"Lyn Graham was absolutely incredible to work with. Lyn listened to what we wanted and did what was best for us. Not that I want to buy a new house again because I am to old to go through this again lol BUT I WILL recommend Lyn Graham to everyone I talk to! Thank you Thank you Thank you for all you did for us Lyn. You are the best there is out there!!!!"      - Laura H. 

I am committed to providing exceptional services to all of my clients. Please feel free to submit your testimonials on our Facebook page. 
Like our Facebook page for daily tips and tools for homeowners and those aspiring to be. 
Copyright © 2017 Lyn Graham Mortgage Services, All rights reserved.

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