Glenn Dale Maryland’s #1 FHA loan lender. Helping borrowers in Glenn Dale 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 Glenn Dale 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 Glenn Dale 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 Glenn Dale Maryland

About Glenn Dale Maryland

Glenn Dale, Maryland is known for the historically renowned Glenn Dale Hospital, which opened in 1934. The Glenn Dale Hospital specialized in the treatment for tuberculosis and was very vital for a large part of Maryland. The hospital had to be shut down in 1982 due to the use of asbestos in the construction, but has yet to be demolished and still stands as a renowned historical point in the town. Glenn Dale, Maryland has grown and is now more commonly known for the numerous amount of beautiful parks as well as attractions that sit right outside of the town, like the NASA Goddard Visitor Center and the Six Flags Great Adventure amusement park. 

Glenn Dale, being in Prince George’s County, Maryland has an increasing job and real estate market. Glenn Dale, Maryland is also about a half an hour outside of the nation’s capital, Washington D.C. While still building in potential and quality of life, homes in Glenn Dale, Maryland sell for about $415,000 on average. 

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FHA Mortgage

What is an FHA Loan?

So, what is an FHA Loan? Mortgages that are insured by the Federal Housing Administration (FHA) are referred to as FHA Loans. This type of

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