Your Frederick, Maryland mortgage experts
Your Future Our Focus
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- monday: 8:00AM – 5:00PM
- tuesday: 8:00AM – 5:00PM
- wednesday: 8:00AM – 5:00PM
- thursday: 8:00AM – 5:00PM
- friday: 8:00AM – 5:00PM
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- Purchase
- Refinance
We’ll be with you every step of the way
Vince Petrolle has been providing mortgage guidance to homebuyers throughout Maryland for 17 years. Our team prides ourselves on offering a consultative approach to mortgage lending, ensuring each client receives personalized solutions tailored to their goals.
Whether you’re a first-time homebuyer or a long-time investor, our deep knowledge of a wide range of loan products ensures clients are well-informed throughout the process. Vince’s specialization in renovation loan options further enhances our ability to assist those looking to customize or improve their homes.
At America’s #1 Retail Mortgage Lender, we are dedicated to making the homebuying experience seamless and stress-free. Based in Frederick, MD, The Petrolle Team is committed to providing exceptional service and support, helping you navigate every step of the journey with confidence and clarity.
Guides and resources
How much will my mortgage payment be?
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Inspiration for your home loan journey
Vince’s testimonials
Meet our team
Vince Petrolle
- Originating Branch Manager
- NMLS #532639
- 5301 Buckeystown Pike Suite No. 380
- Frederick, MD 21704
Lee Smith
- Regional Renovation Sales Manager/Branch Manager
- NMLS #188505
- 5301 Buckeystown Pike Suite No. 380
- Frederick, MD 21704
- [email protected]
- mobile 301-509-9437
- tel 240-249-8539
- fax 240-249-8539
Our support staff
Jennifer Altman
Loan Partner IIMy social posts
Frequently asked questions
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Refinancing costs typically range from 2% to 6% of the loan amount and include fees such as appraisal, title insurance, and closing costs. Factors like your loan type, location, and credit score can significantly impact these expenses. Our team can help to provide strategies that can help minimize costs.
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To determine how much home you can afford, you’ll want to assess your financial situation. This includes your income, expenses, and debt-to-income ratio, to ensure your mortgage fits comfortably within your budget. A general guideline is to spend no more than 28% of your gross monthly income on housing costs and 36% on total debt.
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A good credit score typically starts at 620 for conventional loans, while FHA and VA loans may accept scores as low as 500, though higher scores offer better terms. A strong credit score can help you secure lower interest rates, saving you significant money over the life of a home loan.
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A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity in their home. HELOCs function like a credit card, giving access to funds up to a set limit, which can be used for expenses like renovations or debt consolidation. You only pay interest on the amount you borrow, and the repayment terms typically include a draw period followed by a repayment period.
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To calculate your mortgage payments, start with your loan amount, interest rate, and loan term. Your payment will depend on the interest charged over time and the repayment schedule. You can use a monthly mortgage payment calculator or connect with us to learn more.