Calvert County, Maryland · Local Lender · NMLS #2656628

Calvert County, MD Mortgage Lender, VA, DSCR, USDA & Jumbo Loans.

Ken Powell is your local Calvert County mortgage loan officer at Fairway Home Mortgage. Born and raised here. Investor here since 2014. Your Calvert County home purchase, refinance, or investment loan is handled by someone who actually knows this market.

📅 Book a Call Get Pre-Approved →

24-hour pre-approvals (with docs) Lives in Calvert County Retired U.S. Navy veteran Fairway Home Mortgage

Ken Powell

Mortgage Loan Officer · Fairway Home Mortgage

NMLS #2656628 · Equal Housing Lender

Why Ken Powell for Calvert County

Your Calvert County Mortgage Lender, Not a Call Center.

Calvert County is my home. I've been investing in real estate here since 2014. I know the difference between a Chesapeake waterfront property and a rural USDA-eligible parcel, and I know which loan fits which situation.

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Calvert County Real Estate Expert

From Prince Frederick to Chesapeake Beach, Lusby to North Beach, I know Calvert County neighborhoods, price ranges, and property types. That knowledge directly impacts your loan strategy.

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USDA-Eligible Areas

Large portions of Calvert County, including communities around Huntingtown, Owings, and Prince Frederick, qualify for USDA Rural Development loans with $0 down payment.

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Waterfront & Jumbo Specialist

Calvert County's Chesapeake waterfront properties frequently exceed conforming loan limits. I specialize in jumbo loans for waterfront estates and luxury properties in the Calvert County market.

Why Buyers Choose Calvert County

The County Ken Chose for His Own Family.

Calvert County draws military families, Pax River and Andrews personnel, DC and Annapolis commuters, and buyers who want top-rated schools with the Chesapeake Bay in their backyard. Ken did not just study this market. He moved his family here from Virginia Beach for the schools and the community, and he invests here.

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Schools & Community

Calvert's public schools are among the most sought-after in Southern Maryland, and the small-town community feel is real, from Huntingtown's acreage to the Twin Beaches boardwalk.

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Two-Base Commuter Position

Southern Calvert sits minutes from Patuxent River NAS across the Thomas Johnson Bridge, while northern Calvert serves Joint Base Andrews, Annapolis, and DC commuters. VA loans and BAH math are everyday tools here.

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Bay & Waterfront Living

From Solomons marinas to Chesapeake Beach, waterfront and near-water living is part of daily life, with second-home and jumbo financing for the premium properties and steady rental demand for investors.

Stable government employment, limited housing supply, and consistent tenant demand from base personnel give Calvert strong long-term investment fundamentals. DSCR loans let investors qualify on the property's rent.

Loan Programs

Every Loan Type Available in Calvert County.

Ken Powell and Fairway Home Mortgage offer every loan program available to Calvert County home buyers, veterans, and investors.

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VA Loans

$0 down, no PMI for eligible veterans and active-duty service members in Calvert County. As a retired Navy veteran, I've used this benefit personally.

$0 down · No PMI

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USDA Loans

Many areas of Calvert County qualify for USDA Rural Development, 100% financing, low mortgage insurance. I check eligibility at no cost.

$0 down · Rural eligible

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Conventional Loans

3 to 20% down options. Competitive rates for Calvert County home buyers with strong credit.

As low as 3% down

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DSCR Investor Loans

Qualify on rental cash flow, not your W-2. Perfect for Calvert County buy-and-hold investors and landlords.

No W-2 required

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Bank Statement / 1099

Self-employed Calvert County buyers and contractors qualify on deposits, not tax returns.

No tax returns

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Jumbo Loans

High-value homes above $806,500 in Calvert County. Waterfront, estates, and luxury builds.

Above conforming limits

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FHA Loans

3.5% down with 580 plus credit and flexible debt-to-income limits. The realistic path for Calvert County buyers when credit or savings block conventional approval. FHA details →

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Reverse Mortgage (HECM)

For Calvert County homeowners 62 and better: convert home equity into cash or a growing line of credit with no required monthly mortgage payment, or buy your next home with H4P. Borrowers must still pay taxes, insurance, and upkeep. Reverse details →

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Construction to Permanent

Building in Calvert County? One closing covers the build and automatically converts to your permanent mortgage, with the rate locked before construction starts. VA construction offers $0 down for eligible veterans. Construction details →

Fairway has a loan program for almost any mortgage scenario. Contact Ken to determine which loan program best fits your needs.

Our Process

Simple. Transparent. From Application to Keys.

Apply Online

5-minute application. Secure doc upload. We review everything before your call.

Get Pre-Approved

24-hour pre-approval. Side-by-side loan scenarios. You choose knowing the full picture.

Lock Your Rate

Agent, title, and appraisal aligned early. Milestones sent weekly.

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Close On Time

Clear-to-close before your contract date.

Know Before You Shop

Every Calvert County Community, Mapped to a Loan Strategy.

Lusby and Chesapeake Ranch Estates are the affordable entry point near Pax River, Prince Frederick anchors the county center, Solomons brings waterfront and jumbo territory, Huntingtown offers sought-after schools on acreage, Owings and Dunkirk serve DC commuters, and the Twin Beaches mix cottages, condos, and investors.

Explore the Calvert County Neighborhood Guide →

Frequently Asked Questions

Mortgage Questions from Local Buyers, Answered.

What areas of Calvert County qualify for USDA loans?+

Communities including Huntingtown, Owings, and many rural areas around Prince Frederick qualify for USDA Rural Development loans with $0 down. I check your specific address at no cost, it takes minutes.

Are there waterfront homes in Calvert County that require jumbo loans?+

Yes, Calvert County's Chesapeake and Patuxent River waterfront properties frequently exceed Maryland's $806,500 conforming loan limit. I specialize in jumbo financing for Calvert County waterfront estates.

Do VA loans work in Calvert County?+

Yes, VA loans are available statewide. Many Calvert County buyers near NAS Patuxent River in St. Mary's County use their VA benefit to purchase in Calvert with $0 down and no PMI.

Can investors get DSCR loans for Calvert County rental properties?+

Absolutely. Calvert County has strong rental demand from professionals commuting to NAS Pax River and the DC area. DSCR loans qualify on the property's cash flow, not your W-2.

How fast can I get a mortgage in Calvert County?+

With documents submitted, most pre-approvals are issued within 24 hours. As a local lender, I can also connect you with Calvert County real estate agents and title companies I've worked with personally.

Why Ken Chose Calvert County

From Jamaica to Brooklyn to the Navy to Lusby.

Ken was born in Jamaica and grew up in Brooklyn, New York. He joined the Navy at 18 and spent a career traveling the world, living among different cultures, and learning how to solve problems with the resources in front of him. From 2009 to 2012 he was stationed at Pax River, and when it came time to put down roots, he moved his family from Virginia Beach to Lusby to raise his kids amongst family.

He chose Calvert County on purpose. He loves the school system and the community, and his goal is to be a local resource here: a knowledgeable, trustworthy professional you can sit down with, not a call center.

Ken is available to have a conversation with you, understand your vision, and help you obtain the loan that fits your real estate goals. He asks questions first, identifies what you actually need, and then puts his knowledge and problem-solving to work.

What that means for you

✓A conversation before an application. Your goals drive the loan, not the other way around.
✓A veteran who has PCS'd, rented, bought, and invested here himself
✓Straight answers about what a loan costs and whether it makes sense
✓A neighbor who knows Calvert schools, commutes, and communities firsthand

Local Program

Calvert County House Keys for Employees Program.

The House Keys for Employees Program offers valuable financial assistance to eligible participants looking to purchase their first home: up to $15,000 in down payment or closing cost assistance, with up to $5,000 provided by the Department of Housing and Community Development (DHCD) as a 0% deferred loan. It can be a real help, and it also has details you should understand before you commit.

Key benefits

✓Up to $15,000 in down payment or closing cost help
✓A portion ($5,000) comes from your employer as a grant that does not need to be repaid. It is considered taxable income, so expect a 1099 at the end of the year.

Important considerations

!The DHCD match of up to $5,000 is a 0% deferred loan repaid when you sell, refinance, or transfer ownership
!The deferred loan sits as a second lien, which affects future home equity borrowing until it is addressed
!Participants may pay a slightly higher interest rate, which can cost more over the life of the loan. Do the math before deciding.

How to participate

You must work with a Maryland Mortgage Program certified lender, and it helps to review the participant checklist and the county's House Keys tutorial so you understand each step. For eligibility confirmation, contact the county's Recruitment and Retention Specialist, Jennifer Davis.

Not sure if the tradeoffs are worth it for your situation? Bring Ken the numbers. He will compare House Keys against your other options honestly, including the option of not using it. Read the full House Keys 4 Employees guide →