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Lenders say weekly mortgages not planned for Frederick area
Frederick County lenders show no plans for weekly or biweekly mortgages locally while noting awareness of new plans. Maryland National Bank and Loyola Federal report no imminent offerings, citing internal decisions and planning concerns. Some lenders warn about administrative costs and servicing complexity, even as examples from other regions highlight potential interest savings.
MENTIONED IN THIS ARTICLE
New England
West Coast
Maryland
Frederick County
Wayne Fox
Maryland National Bank
Susan Strevig
Loyola Federal Savings and Loan
Judy Harris
Guaranty Mortgage Corp