Lenders Told That Maryland is Easy to do Business With

MMBA-June-5-Tomasello

Lennar Homes, one of the nation’s leading home builders, was so lavish in its compliments of DHCD in February when it received an award as one of the agency’s top partners, that we had no choice but to invite them to tell us more about ourselves.

They did not disappoint.

“Maryland is the cream of the crop; they are far better – and far easier to deal with – than any other bond program we’ve ever had to deal with,” said John Tomasello, of Universal American Mortgage Co., the financial subsidiary of Lennar Corp. “If you saw how other bond programs work – well you just can’t beat what Maryland is doing.”

Tomasello was speaking at a June 5 meeting of the Maryland Mortgage Bankers Association, where DHCD staff members made a presentation about the Maryland Mortgage Program. The staff had traveled to the quiet town of Easton on Maryland’s Eastern Shore to spread the word that the state’s flagship homeownership program offers a great opportunity for lenders and realtors as well as first-time homebuyers.

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