Residential Mortgages - MD, DC & VA

Congressional Bank offers home loans tailored to meet your home financing needs. We customize our products and services so that they work best for you and your family. Our residential mortgage department offers competitive rates and we underwrite, process, and fund our mortgages right here in our main office. We believe in giving you our very best and we go out of our way to help you obtain your loan.

Please visit our Mortgage Portal for more details.

Conventional Loans
Conforming Loans (up to $417,000) and High Limit Conforming Loans ($417,001-$625,500)

  • 80-10-10 financing (first mortgage 80% loan-to-value ratio, second mortgage 10% loan-to-value ratio, and 10% down payment)
  • 95% Lender-paid mortgage insurance up to $625,500 loan amount

Jumbo & Super Jumbo

  • 80% loan-to-values up to $2 million

FHA Loan/ VA Loan
FHA and VA residential financing available

  • Low down payment (FHA: 3.5%) and no down payment (VA: 0%) allowed
  • Flexible qualification ratios

The above-mentioned products are generally available in fixed-rate products (30, 15 and 10-year) and ARMS (3/1, 5/1, 7/1, and 10/1)

Portfolio Mortgages
In addition to these traditional products, Congressional offers custom loans for borrowers. These products include:

  • Construction/Renovation Loans
  • Bridge Loans
  • "Common Sense" loans suited to meet your needs

We work with Realtors whose clients need these customized mortgages.

Mortgage loan information is provided for informational purposes only. Inquiries will be referred to a registered loan origination. This is not an offer for an extension of credit or a commitment to lend. All loans must satisfy underwriting guidelines and are subject to change without notice. Disclosures will be provided in accordance with applicable state and federal law following the submission of a completed mortgage application. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.Please be advised that Congressional Bank’s on-line mortgage applications are maintained by third party providers not affiliated with Congressional Bank. Our privacy and other policies still apply.

Email disclosure: Your privacy is very important to us. We would like to advise you that Internet email is not secure. When you send an email, please do not submit any information that you consider confidential. We recommend you do not include your social security or account number or other specific identifying information.