We are Galesville Maryland’s #1 FHA loan lender. We are helping borrowers in Galesville 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 Galesville 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 Galesville 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. Not just Galesville, we are serving all of FHA Loan Maryland.

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 Galesville Maryland

About Galesville Maryland

Galesville is an unincorporated town and census-designated place in Anne Arundel County, Maryland, United States. As of the 2010 census, it had a population of 685. Galesville is located at 38°50’35” north, 76°32’37” west, along the western shore of the West River, an arm of the Chesapeake Bay.

Living in Galesville offers residents a rural feel and most residents own their homes. In Galesville there are a lot of restaurants and parks. Many retirees live in Galesville and residents tend to lean conservative. The public schools in Galesville are above average.

Major Attractions in and around Galesville, MD

  • Galesville Heritage House

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Maryland’s #1 FHA Loan Lender – First Time Home Buyer Experts