Brookeville Maryland’s #1 FHA loan lender. Helping borrowers in Brookeville qualify for the best FHA loan to meet their borrowing requirements. An FHA loan is a government backed mortgage insurance by the Federal Housing Administration (FHA). Popular with first time homebuyers, FHA loans require lower minimum credit scores and low down payments.

FHA Loan Requirements Brookeville Maryland

  • A credit score of at least 580 for a 3.5% down payment
  • A credit score of 500 to 579 for a 10% down payment
  • Mortgage insurance that is offset due to lower FHA interest rates than a conventional loan.
  • FHA Debt to income ratio of 50% or less

Qualify for a 3.5% down FHA Home Loan. Use this application to prequalify and start shopping for your FHA Loan in Brookeville Maryland today! Purchase, Refinance, Cash Out Refinance.

According to an announcement by the FHA the loan limit for 2022 will be $420,680 for most of the country. The 2022 FHA loan limit for the high cost areas will be $970,800.

Contact us to find out what the loan limits in the county you would like to purchase in.  Call now 800-826-5077

Prequalify now to see how much of an FHA Home Loan you can qualify for. 

Get Your Pre-Qualification Letter in 15 minutes

Benefits of an FHA Home Loan in Brookeville Maryland

About Brookeville Maryland

With land inherited from her father, who was one of the largest land owners in early colonial times, Deborah Brooke decided to establish a town, Brookeville. The town of Brookeville, Maryland would officially be accepted and chartered as a town in 1890. Brookeville, Maryland made its mark in history, being a important location during the War of 1812, throughout the effort to free slaves and their families, and through the industrial revolution. With the mass production of automobiles and Brookeville’s proximity to cities such as Baltimore, Annapolis, and the nation’s capital, Washington D.C., the population would grow quickly in the 1900s and there would be much development in regards to commercial, residential, and infrastructure. Today, Brookesville is proud of its history and makes that clear through locally designated historical landmarks and museums.

Brookesville, Maryland is now home to delicious restaurants, beautiful natural parks and preservations, great schools, and friendly neighbors. Though previously Brookesville, Maryland would see the average price of homes being listed on the market to be around $675,000, the rise in the local real estate market puts many homes upwards of $750,000. With all that Brookeville, Maryland has to offer, it is a perfect place to reside and raise a family. 

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