Choose Nick for Your Next Mortgage

Buying a home, especially for the first time, can be one of the most confusing and stressful time periods. Financing your purchase is complex, and the wide variety of mortgage options and strict underwriting criteria means homebuyers often find themselves anxious that their loan will not close on time. Most buyers are also frustrated that they do not deal with one point of contact during the entire process providing what feels like endless amounts of documentation often several times.

Let the Nick Pakulla team guide you through the mortgage process. Our small size and local decision making mean we complete the entire process in our Rockville, MD office, from start to finish.Contact us now to learn more about how we can help you.

The Community Bank Difference

When you choose Nick Pakulla for your mortgage, you get a completely different experience than you would working with a “big bank”.

When you call the Nick Pakulla mortgage team, you don’t get routed to a call center halfway across the country. You deal directly with one point of contact during the entire loan process. That personal service is more than just a nice touch – it means you can close faster because we work more efficiently. Additionally, you don’t have to worry about your mortgage documentation being lost because you are dealing with multiple points of contact at multiple locations.

We underwrite, process, and close, all of our loans in our Rockville, MD office. You won’t get that level of efficiency from bigger banks, which often house underwriting, processing, and closing departments all at separate locations, often in separate states. In addition, because we work for a bank we can offer unique portfolio loan products like second mortgages, 80/10/10s, and bridge loans.


If it all sounds a little confusing, don’t worry – that’s another advantage of working with us. We build relationships with our customers and are always available to answer questions. Nick truly enjoys working with each and every client to select the best loan option for their situation and enjoys answering questions as they come up.

Our Services

We provide both conventional mortgages along with some unique portfolio options, such as:

  • Conventional mortgage loanshouse-mortgage1
  • Portfolio mortgage loans
  • Construction-permanent loans
  • Asset based mortgage loans
  • High debt to income loans
  • Second mortgages
  • 10% down jumbo loans
  • High-balance mortgage loans
  • Super-conforming mortgage loans
  • Fannie Mae mortgage loans
  • Freddie Mac mortgage loans
  • Jumbo mortgage loans
  • Adjustable-rate mortgage loans
  • 5/1, 7/1, and 10/1 ARM mortgages
  • Federal Housing Authority (FHA) mortgage loans
  • Veterans Affairs (VA) mortgage loans
  • Doctor’s loan mortgage program / Physician loan

Please contact us to inquire about any products that may not be listed here.

Second Mortgages

We offer a very unique second mortgage product from our bank’s portfolio. This allows us to offer the option for buyers to qualify non-contingent and pay off the second once they sell their existing home. Also, we can use the second mortgage to allow for a 10% down jumbo mortgage, see our article on: 10% down Jumbo Mortgages

80/10/10 Mortgage

Also called a “piggyback” mortgage, this product actually involves two mortgages. In this situation, a homeowner takes out a primary mortgage for 80% of the home’s value, a second mortgage or home equity loan for another 10%, and then provides the other 10% as a down payment. For more information see our article on 80/10/10 mortgages

Close Fast with Nick

Because we work in a single office and with a local rotation of bank approved appraisers and the latest paperless loan software, in many cases we can close in as little as two weeks. We are able to offer what is simply the easiest mortgage experience possible in the industry today.

Higher Level of Service

We moved after 13 years at a larger bank because we believe in a higher level of service. We work with an established community bank new to the MD/DC/VA market. With all the struggles of the “large banks” the community banking model has proven to be much more efficient. All of our processing, underwriting, and closing functions are completed in our Rockville, MD office. We still offer portfolio loans, second mortgages, in-house operations, and have a group of local approved appraisers (no third party appraisal system). We work with some of the best Realtors in the marketplace and look forward to providing a stress free transaction for all parties.

Contact Nick Pakulla Today

Whether you’re ready to start the mortgage process or just want to learn more about your options, contact Nick Pakulla today. We’ll be glad to answer your questions and help you get started on buying or refinancing your next home.