St. Mary's County · NAS Patuxent River · Military Specialist · NMLS #2656628

St. Mary's County, MD Mortgage Lender, NAS Patuxent River & Beyond.

St. Mary's County is the home of NAS Patuxent River, one of the most active military installations on the East Coast. Ken Powell at Fairway Home Mortgage specializes in VA loans for active-duty service members and veterans, DSCR loans for military-area investors, and USDA loans for eligible communities throughout St. Mary's County.

📅 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 St. Mary's County

The VA Loan Specialist NAS Patuxent River Service Members Trust.

As a retired U.S. Navy veteran, I understand PCS timelines, BAH calculations, and the unique financial situations of active-duty service members and veterans. I've personally used my VA loan benefit and have helped dozens of NAS Pax River families use theirs.

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VA Loan Expert

Retired Navy. I know VA loans from the inside, Certificate of Eligibility, BAH-based qualifying, PCS timelines, entitlement calculations, and VA jumbo loans for senior officers.

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NAS Pax River Rental Market

Military rotations create a built-in renter pool in St. Mary's County. DSCR loans let you qualify on rental income, not your personal W-2. Perfect for building a portfolio near the base.

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USDA Eligible Communities

Large portions of St. Mary's County outside Lexington Park's urban designation qualify for USDA $0 down financing, including many communities within easy commuting distance of NAS Pax River.

Why Buyers Choose St. Mary's County

Pax River's Home County, and Ken's Old Duty Station.

St. Mary's County is built around Patuxent River Naval Air Station, one of the Navy's premier research and test installations, and the defense contractor ecosystem that surrounds it. Military families, engineers, federal employees, and investors all converge here, and Ken knows the county firsthand from his tour at Pax River from 2009 to 2012.

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A Mission-Driven Economy

Pax River NAS and its contractor community anchor thousands of stable, well-paying jobs. That stability supports both home values and the county's deep rental demand.

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Value Across Every Budget

From Lexington Park starter homes where BAH covers the payment to Leonardtown's historic streets and waterfront estates on the peninsula, the county serves every price point, with USDA $0 down widely available outside the base core.

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The PCS Advantage

The rotation cycle creates constant buying, selling, and renting. Ken helps arriving families buy smart and helps departing ones decide whether to sell or convert the home into their first rental.

For investors, the base guarantees tenant turnover and demand. DSCR loans qualify on the property's rent, and Ken structures VA-to-rental transitions for transferring service members regularly.

Loan Programs

Every Loan Type Available in St. Mary's County.

Ken Powell and Fairway Home Mortgage offer every loan program available to St. Mary's 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 St. Mary's 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 St. Mary's 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 St. Mary's 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 St. Mary's County buy-and-hold investors and landlords.

No W-2 required

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Bank Statement / 1099

Self-employed St. Mary's 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 St. Mary's 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 St. Mary's County buyers when credit or savings block conventional approval. FHA details →

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Reverse Mortgage (HECM)

For St. Mary's 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 St. Mary's 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 St. Mary's County Community, Mapped to a Loan Strategy.

Lexington Park is VA loan country at the gates of Pax River, California and Wildewood anchor the suburban center, Leonardtown charms with its historic square, Hollywood and Great Mills offer space and USDA eligibility, Mechanicsville brings acreage on the DC corridor, and the peninsula delivers serious waterfront.

Explore the St. Mary's County Neighborhood Guide →

Frequently Asked Questions

Mortgage Questions from Local Buyers, Answered.

I'm PCS'ing to NAS Patuxent River, how do I start my VA loan?+

Start 60 to 90 days before your report date if possible. I'll pull your Certificate of Eligibility, work around your BAH orders, and coordinate with local agents who know the NAS Pax River area. Most VA pre-approvals are issued within 24 hours.

Does St. Mary's County qualify for USDA loans?+

Yes, much of St. Mary's County outside of Lexington Park's urban core is USDA-eligible. Many communities within commuting distance of NAS Pax River qualify. I check your specific property address at no cost.

Can I use a DSCR loan to buy a rental property near NAS Patuxent River?+

Yes, and St. Mary's County is an excellent DSCR market. Military rotations create steady rental demand, and BAH rates support strong rental income. DSCR loans qualify on the property's cash flow, not your W-2. LLCs are accepted.

I'm a DoD civilian contractor in Lexington Park, can I get a mortgage?+

Absolutely. DoD civilian employees and contractors qualify for standard conventional and VA loans. If you're a 1099 contractor, we also have bank statement loan programs that use your actual deposits instead of tax returns.

What's the housing market like near NAS Patuxent River?+

The Lexington Park and Patuxent River communities see consistent demand from military and DoD personnel. Prices are generally lower than the DC suburbs, making it an attractive area for both buyers and investors.