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Lora Graetzer, Licensed Loan Originator (1st Preference Mortgage) Mortgage and Lending



Lora Graetzer
Licensed Loan Originator
location_on Nottingham, MD — 1st Preference Mortgage
Get to Know Lora Graetzer

My mom (Anne Coscia) and I started originating loans together as "The Mother & Daughter Team" at 1st Preference in 2003.  Sadly, Anne passed away in 2015. I've continued in this career and I love my work and the company I represent. I provide service for all of Maryland.

Anne had over 20 years of experience in the real estate industry and I've grown up with all that knowledge around me everyday which has been a great asset to my career and the many satisfied customers and Realtors that work with us on a daily basis.  We believe that knowledge is power and try to educate our buyers with the knowhow to make good decisions during their transaction. 


We specialize in working with first time home buyers, which usually turn into second time buyers a few years later.  We find it very rewarding to assist buyers with the purchase of their home. Our committment to personal service helps us stand out above the rest.  We pride ourselves in structuring their loans to minimize out of pocket costs on the loan and by keeping up to date on grants and special programs available.

1st Preference Mortgage is an approved Lender for the State of Maryland CDA program and has been for years. You can learn more about this program at www.morehouse4less.com. We have other programs as well that can provide help with closing costs too.  Programs change frequently so please call or email for more info.

Reverse Mortgages are offered too!  Please email or call for a free no obligation brochure to learn more.

1st Preference Mortgage is also the FHA/Fannie Mae Homestyle 203K Renovation and Rehab loan experts.  We can close these, and most other FHA/VA/Conventional loans in 30 days.  We are blessed to have FHA/VA direct endorsed Underwriters, in house processors, and the ability to provide a quick turnaround time if necessary.  Most of the employees and loan originators have been with the company for years which is an asset to those we serve. These loan types are also a specialty of ours.

Veterans Home Loans are one of the very few mortgages that still allow the seller to pay all closing costs and require no downpayment from the Veteran!  Call us to get qualified to buy a home now while the rates are still low!

Tune into our weekly radio show on 680 WCBM AM Talk Radio, Tuesdays at 6:10PM or listen via the web from our website, www.1stpref.com. Call in with questions or simply join the many listeners who learn more about the mortgage industry, various programs and other weekly tidbit information . Mention you saw our ad here or ask for us when you call in.

For those people who might have some credit issues we take our time and help them rebuild their credit with our tips and pointers.  Sometimes bad things happen to good people and they just need a little extra help.  We've worked with customers for over a year that eventually were able to purchase a new home.  They've always expressed their gratitude for our honesty,sincerity, and patience. They might not have liked what we had to say in the beginning, but are usually pleased with the end result.

We believe in the "all work and no play" quote by welcoming business associates to join us at our Mountain Retreat for a little R & R.  A good time is always had by all and they anxiously await the next visit up there.  It's located just over the PA line, outside of Hancock, and you can view the location at www.mountainlodge.com.  We like to get to know our Realtors and other associates on a personal level and welcome you to call and say, "Let's go to the Retreat for the afternoon", and we'll be glad to schedule that for you.  Real estate managers, hold a meeting there, we'd welcome the opportunity to meet with new realtors.

We look forward to the opportunity to work with you!  Remember us for your purchases, refinancing, pre-qualification of new buyers, or just an inquiry. You're under no obligation!

Wm. Curnoles
I used Lora and her mom Anne to get a Reverse Mortgage. It was a little complicated but they handled it smoothly and explained everything to me in detail. I'd use them again and have referred them to several of my neighbors who are considering a reverse mortgage too. Professional, knowledgeable, and polite.

Our company is proudly celebrating our 22st Anniversary this year and looking forward to 22 more! Several other branches in MD, VA, PA, DE, NC, SC, GA, FL and TX.