Brent Mendelson

"Senior Loan Officer"
  • I'm a:
  • Real Estate Professional
  • Company:
  • Choice Finance
  • Location:
  • Web sites:
  • Phone:
  • (301) 881-8900 x123
Brent Mendelson, in Rockville, MD
  • 14 Answers
  • 3 First Answers
  • 10 Useful Answers
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About Me
Brent is dedicated to building relationships with his clients to make sure he can help them achieve their life’s goals though financial stability and freedom. Truly an honest person, customer satisfaction is Brent’s number one priority. Brent takes pride in helping people get the loans they need; clients are friends in Brent’s eyes.

Brent is a Maryland native who grew up in Montgomery County and now lives in Rockville. A die-hard Terrapin fan and a true blue Red Sox fan, when Brent is not at works he enjoys watching sports, playing a few on the side and keeps up with local politics.

No town in Montgomery County is too small for Brent. Brent grew up in Montgomery county and loves the unique small town feel that you can still have so close to the big city.

Brent is familiar with and can loan in all three of the metro-DC states. In addition to DC, Virginia and Maryland Brent is licensed in West Virginia, Florida, North Carolina, South Carolina, Georgia and Colorado.

Whether you are ready to apply for financing or just have questions as you make your decision, Brent can be your partner in helping you choose the right path for you. Brent prides himself on the fact that his integrity and honesty are what make him stand out from the rest. Let Brent help you make the right choices in this tumultuous market.

Brent works closely with a team of realtors in the DC Metro area. Each realtor has specific skills that make them the best of the best in their specified area of expertise. When working with you Brent will recommend a realtor (if need be) based on what you are looking for. Rather than referring you to one realtor, he would rather make sure to put you together with someone right for you and your situation!
Testimonials
""In a truely insane process, Brent was the most helpful person a first-time buyer could have hoped for. My purchase of a rowhome in Baltimore City that needed renovation turned into an adventure that would scare most buyers out of the market for good. Brent navigated me through all phases of the process well beyond what I would have expected from my mortgage broker, and acted positively on my behalf when the process met some very unexpected hurdles. He'll be the first and only recommendation I have to any friends or family looking to finance their purchase of a home in the Baltimore/Washington area." " Gregory Bednarski -- Baltimore, Maryland"
Various Wed Sep 3
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Brent Mendel…'s Questions (1)
Brent Mendel…'s Answers (14)
Tina, Home Seller in Baltimore

MD Non-Resident Seller Transfer Withholding Tax

Asked Fri Oct 10 2008, 14:17 by Tina  -  Baltimore County  -  Home Selling  -  7 answers
Brent Mendelson answered:
I would speak to a CPA about this. Not sure but I don't think the realtor is correct. I think you have two valid points in your arguement. Sorry I didn't know for sure. - Fri Oct 10 2008, 14:35
J, Just Looking in Flagstaff

Are property taxes based on the value of only the land, or on the land and the dwelling?

Asked Wed Oct 8 2008, 15:01 by J  -  Flagstaff  -  Home Buying  -  4 answers
Brent Mendelson answered:
Great question, I am not sure about AZ but anywhere I have ever written a loan taxes are based on both land and home. What they do now to keep your property taxes artifically high is to claim that the value of your home dropped but that your land value rose. That's not very nice. You can appeal the assesed value, I am doing just that now. Be prepared to do battle though, it's a tough fight but if you are convinced then go for it.
Hope this helps. - Wed Oct 8 2008, 15:29
Jeff, Home Buyer in Maryland

Settlement costs in MD

Asked Mon Oct 6 2008, 12:32 by Jeff  -  Maryland  -  Home Buying  -  4 answers
Brent Mendelson answered:
This one is pretty straightforward. You must have your own downpayment but that can also be a gift. DPA is dead using the sellers money but you can still use other gift money from other sources including of course your family. Anything else can be picked up by the seller, including points, prepaids and any additional closing costs such as an appraisal. You can buy with just the 3 % downpayment and nothing else at least in theory. Hope this helps. Please let me know if you have additional questions.
Thanks, - Mon Oct 6 2008, 13:10
Just Looking…, Just Looking in Virginia

Should I stick with a Wachovia loan officer?

Asked Mon Oct 6 2008, 09:35 by Just Looking…  -  Virginia  -  Financing  -  7 answers
Brent Mendelson answered:
That's a great question and since Wachovia has been purchased by Wells, the answer anyone < including your loan officer is no one knows for sure what is going to happen> We are in new waters every day with everything going on right now. Even if you begin the process there are no assurances that you can complete it by the time any changes occur. As far as Wachovia, there are changes coming. All I can tell you is that is why I don't work for a bank directly and decided to go with a broker/lender. We have rates from 50 different banks and if one goes under or becomes uncompetitive I can take the loan elsewhere. Wachovia can't do that. Anyway, rates fell today so my advice is to shop with a few local lender/ brokers and see what they can offer and make sure you get estimates from everyone, ask ALOT of questions and make sure you are getting the best deal available. Please let me know if I can be of further help. - Mon Oct 6 2008, 10:07
SSA, Home Seller in Baltimore

In this market how hard is it to get a mortgage???

Asked Sat Oct 4 2008, 11:14 by SSA  -  21209  -  Market Conditions  -  12 answers
Brent Mendelson answered:
It really depends on you and the property. Credit, income, asests and the value of the property are all used to determine the loan feasibility. If you have good marks in those areas you will be just fine. If anyone of them are suspect it could casue trouble. If two or more then it gets even trickier. The biggest problem is how the rules change from various lenders with next to no warning. Here today, gone tomorrow type of thing. You need to provide detailed answers to the above questions, then a good loan officer should be able to get you approved. Not pre-approved but actually running all your information thru the engines we use to determine whether a loan will be eligible. That is the correct way to move forward, anything else is half baked in my opinion. If I can ever answer any other questions please just let me know. Thanks, - Mon Oct 6 2008, 09:51
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Specialties
Miltary discounts for veterans. Please refer to http://www.choicefinance.net/brent.htm
My niche is not giving up if your loan is tough. I have called over 50 banks to find the right home for the tough loan. I hate to lose, so I do everything I can to make sure your loan closes. I can do FHA to 500 FICO.
I can still do stated income loans in the state of Maryland if you are self employeed.
I promise to give you fair assesment of what can and can't be done. If I can't close your loan, I will be upfront with you. I don't want to waste your time or mine. Please email brent@choicefinance.net to see what can be done.
Experience
Latest:
Senior Loan Officer for Choice Finance
Senior loan officer with 5.5 years in the mortgage business. Specializes in FHA, VA loans. Also provide 2nd mortgage products to 90% CLTV Broker and a lender.
May 2003—present
Certifications & Awards
Maryland licensed mortgage professional #3487201
Also licesned in DC, VA, DE, WV, NC, SC, FL, CO
Interests
Sports, politics, wine, good food, traveling, spending time with my wife and baby daughter.
And the dog on the weekends in the water.
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