John Shea - Mortgage Loan Advisor

John Shea - Mortgage Loan Advisor NMLS #39610

Mortgage Advisor
VA Specialist Near Fort Meade
Helping 1st Time & Move Up Buyers
Military PCS to Fort Meade
VA FHA Conventional Loans
Johnsheamortgageloans.com/links

NMLS 455896, Co.

Looking for something fun to do over Labor Day weekend?The weather looks great, and there is plenty happening around Ann...
09/03/2026

Looking for something fun to do over Labor Day weekend?

The weather looks great, and there is plenty happening around Anne Arundel County and nearby September 5 through 7:

• Navy Football season opener against Towson
• Underground Railroad Month at Historic London Town
• Jug Bay Bird Walk
• First Sunday Arts Festival in Annapolis
• Annapolis Symphony at Quiet Waters Park
• Greenbelt Labor Day Festival
• A Monday beach day at Sandy Point State Park

Which one would you choose?

Complete event details and links are in the comments. Feel free to share this with family and friends!

Brought to you by The John Shea Mortgage Team, proudly serving Anne Arundel County homebuyers and homeowners since 2006.

09/03/2026

A question worth exploring before you assume you have to sell your current home to buy the next one: if you plan to keep your current home as a rental, can that rental income help you qualify for your next mortgage?

In some situations the answer is yes. Lenders may be able to use qualifying rental income from your departing residence to help offset that payment in your debt-to-income calculation. That can make a meaningful difference in how much you qualify for on the new purchase.

But the details matter significantly. The documentation requirements vary. The loan program you use affects whether and how rental income can be counted. And the guidelines around this strategy need to be understood and planned for well before you are under contract on the next home.

This is not a strategy to figure out at the last minute. Getting the right guidance early gives you options. Discovering a problem late in the process limits them.

If you are thinking about keeping your current home as a rental while purchasing another property my team and I are here to help you understand exactly what is available to you and how to structure it correctly from the start.

I am John Shea, mortgage advisor for homebuyers and military families throughout Maryland.

09/03/2026

If you're a homeowner, let me ask you a quick question. When was the last time you reviewed your mortgage?

Many people assume a refinance is only about getting a lower interest rate, but that's not always the case. Depending on your situation, a refinance could lower your monthly payment, help you pay off your mortgage sooner, eliminate mortgage insurance, or let you use your home equity for improvements or to consolidate high-interest debt.

The reality is that many homeowners haven't reviewed their mortgage in years, and a quick review can help you understand your options and whether refinancing makes sense.

There's no pressure and no obligation. I'll review your current mortgage, explain your options, and let you know if a refinance is right for you.

Check your refinance options in 60 seconds here: https://johnsheamortgageloans.com/refinance-page

09/02/2026

If you already own a home you may be wondering whether you can qualify to buy another one before selling your current property.

In many cases the answer is yes. And understanding how lenders look at this situation can make the difference between a smooth transition and a stressful one.

Here is what your lender will evaluate. The payment on your current home matters because it counts as part of your monthly debt obligations. Your income needs to support both payments, at least on paper and at least temporarily. Your available assets play a role in showing you have the reserves to manage both properties. And what you plan to do with your existing property, whether you are selling it, renting it out, or keeping it, affects how the underwriter looks at the overall picture.

The strategy that works best depends entirely on your overall financial situation. There is no universal answer. Some buyers qualify comfortably to carry both payments. Others need a departure residence plan that shows the current home is listed or under contract. And in some situations there are creative approaches to bridging the transition that most buyers never know to ask about.

If you are thinking about your next home while still owning your current one the most valuable first step is a conversation before you start the search. Not after you have already fallen in love with a property.

My team and I are here to help you build the right plan.

I am John Shea, mortgage advisor for homebuyers and military families throughout Maryland.

09/01/2026

If you do not qualify for the home you want on your own, could someone who will not even live in the home help you qualify?

The answer might be yes.

Some loan programs allow what is called a non-occupant co-borrower. That means a parent, family member, or other eligible person can be added to the loan application to help strengthen the overall qualification even if they will not be living in the property.

This is different from a co-signer in important ways and the rules vary significantly by loan program. The way the loan is structured matters. Getting it right from the start protects everyone involved and makes sure the arrangement actually works the way you intend it to.

For buyers who are close to qualifying but need a little additional income or credit support this option is worth understanding before assuming you have to wait or settle for less than the home you actually want.

If you are trying to figure out the best way to qualify for your home purchase in Maryland my team and I are here to help you explore every option available to you.

I am John Shea, mortgage advisor for homebuyers and military families throughout Maryland.

Please help me congratulate Pasadena, Maryland’s newest homeowners, Jacob and Lizbeth! 🏡🎉This young military couple came...
08/31/2026

Please help me congratulate Pasadena, Maryland’s newest homeowners, Jacob and Lizbeth! 🏡🎉

This young military couple came to me already under contract and looking for a better VA lending experience. After a Zoom call and comparing multiple lenders, they chose The John Shea Mortgage Team.

The challenge? We had just 12 days to complete the application, VA appraisal, processing, underwriting, Closing Disclosure, and settlement.

And guess what, we got it done. 💪😎

Jacob and Lizbeth closed on time, helping them avoid thousands of dollars in additional closing costs that could have resulted from pushing settlement into the following month.

Jacob and Lizbeth, thank you both for your service and for trusting my team when the clock was ticking. Congratulations on your first home and welcome home! 🇺🇸🏡

08/31/2026

One of the most common questions I hear from parents: how can I help my son or daughter buy their first home?

It is a great question and the answer depends on several factors specific to the buyer's situation. But the good news is there are often more options than families realize.

Depending on the loan program parents may be able to help through gift funds. A properly documented gift toward the down payment or closing costs can be a powerful way to help a first-time buyer get across the finish line without requiring them to have saved the entire amount themselves.

In some situations a parent may be able to become a co-borrower on the loan. This can strengthen the overall application when the primary buyer's income or credit needs additional support. The structure and implications of this arrangement are worth understanding clearly before moving forward.

There may also be other strategies depending on the buyer's income, credit profile, loan program, and overall financial picture. Every situation is different and the best approach is the one that is tailored to what is actually in front of you.

If your family is trying to help a first-time buyer purchase a home and you want to understand what the options actually look like for your specific situation my team and I are here to help.

I am John Shea, mortgage advisor for homebuyers and military families throughout Maryland.

08/28/2026

Looking for something fun to do this weekend?🤔

The weather looks great, and Anne Arundel County has plenty happening August 29 and 30, including:

• Anne Arundel County River Days

• Maryland Renaissance Festival opening weekend

• Free live music at Quiet Waters Park

• Farmers markets and outdoor activities

• A possible Sunday beach day at Sandy Point

Which one would you choose?

I’ll be sharing a new Anne Arundel County Weekend Guide each Thursday. Feel free to share it with family and friends!

Brought to you by The John Shea Mortgage Team, proudly serving homebuyers and homeowners throughout Anne Arundel County since 2006.

Event details and links are in the comments. 👇

08/28/2026

Do you have to be married to buy a home together? The answer is no.

This is a question that comes up more often than most people expect and the answer surprises a lot of buyers who assumed they had to wait until after a wedding to make a purchase together.

Unmarried couples, family members, and other co-borrowers may absolutely be able to purchase a home together. The mortgage process does not require a marriage certificate.

But here is what is important to understand going in. Buying a home with someone else involves several considerations that need to be addressed clearly before you close.

How will both incomes be used to qualify and what if one income is stronger than the other? How will both credit profiles affect the loan terms and what if one score is significantly higher or lower? How will ownership be structured on the title and what does that mean for each person's legal rights to the property? And how will financial responsibility be handled if circumstances change?

These are not questions designed to discourage you from buying together. They are questions designed to make sure you go into one of the biggest financial decisions of your life with a clear picture of exactly what you are agreeing to.

If you are considering buying a home with someone else and want to understand your financing options and how to structure everything correctly my team and I are here to help.

I am John Shea, mortgage advisor for homebuyers and military families throughout Maryland.

08/27/2026

If you are buying a home and considering a job change at the same time, please talk to your lender before you make that move.

This is one of the most common situations that creates last-minute complications in the mortgage process and it is almost always avoidable with a simple conversation early on.

Here is what buyers need to understand. A job change does not automatically stop your loan. But it can absolutely affect how your income is documented and whether that income can still be used to qualify for the loan.

The details matter. The type of job change matters. Moving from one salaried W-2 position to another in the same field is very different from moving from a salaried role to self-employment or commission-based income. Timing matters too. A job change that happens during the loan process is treated differently than one that happened six months ago.

Some job changes have minimal impact. Others require updated documentation. And some can change what you qualify for or how lenders calculate your income entirely.

The conversation takes minutes. The consequences of not having it can delay or derail a closing that you and the seller have been working toward for weeks.

If a career change is part of your plans while you are in the process of buying a home my team and I are here to help you understand exactly how it may affect your financing before you make the move.

I am John Shea, mortgage advisor for homebuyers and military families throughout Maryland.

Address

1416 Annapolis Road Ste B
Annapolis, MD
21113

Telephone

+14105622046

Website

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