First Heritage Mortgage Named
A Top Lender by Maryland Department of Housing and Community Development

FHM was recognized as achieving Silver-Tier Lender status in the Maryland Mortgage Program for their performance in 2020.

FAIRFAX, Va. and NEW CARROLLTON, Md. – The Maryland Department of Housing and Community Development recognized top-performing lenders of the Maryland Mortgage Program (MMP) this month. First Heritage Mortgage, LLC (FHM) was honored as a Silver-Tier Lender.

As a proud partner, FHM helped 91 Marylanders achieve homeownership through the MMP in 2020. The Program includes down payment and closing cost assistance, tax incentives, and student debt relief, allowing many buyers who may not otherwise qualify become first-time homeowners.

“Homeownership is the backbone to building strong communities,” said Department Secretary Kenneth C. Holt. “The MMP offers crucial assistance to homebuyers facing barriers to purchasing a home, enabling them to secure a sustainable mortgage and helping them create generational wealth for their family.”

The Department hosted a virtual event to recognize the exemplary performance and outstanding achievements of leading lenders and real estate partners throughout the state. Despite the challenges of the COVID-19 pandemic, the MMP surpassed $1 billion in loan reservations for the second year in a row.

“We are honored to be recognized as a Silver-Tier Lender from the state of Maryland,” said Jerry Berry, FHM’s EVP of Production. “The goal of the MMP is to provide affordable housing to low-to-moderate income families and we are committed to this important segment in the marketplace.”

Under Maryland Governor Larry Hogan’s leadership, the MMP has provided more than $4.1 billion in mortgages, more than $98.5 million in down payment assistance, and more than $20.2 million in student debt relief. Just this year, 4,383 Marylanders have purchased a home through the Program. 

“We look forward to continuing our strong partnership with the Maryland Mortgage Program and to helping families get into the homes they’ve always wanted,” said Banks Gatchel, President of First Heritage Mortgage.

About First Heritage Mortgage, LLC

Founded in 1996, First Heritage Mortgage, LLC (FHM) is a leading correspondent lender and one of the largest privately-owned mortgage companies in the Mid-Atlantic, originating more than $3.73 billion in mortgage loans in 2020. The company is headquartered in Fairfax, Virginia, with 16 branch locations across Virginia, Maryland, North Carolina, South Carolina, Georgia, and California, and a lending footprint that includes 13 states plus the District of Columbia. As a correspondent lender, FHM controls every aspect of the mortgage process from start to finish in a local branch, allowing the company to provide deeply personalized mortgage solutions to its clients and business partners. Learn more at

First Heritage Mortgage, LLC is an Equal Housing Lender | Company NMLS ID #86548 (