FHA Home Loan Linthicum Heights MD- Check 2022 Loan Limits and Rates

FHA loan Linthicum Heights Maryland

The Best FHA Home Loan Rates!

We are Linthicum Heights Maryland’s #1 FHA loan lender. We are helping borrowers in Linthicum Heights 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 Linthicum Heights 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 Linthicum Heights 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 Linthicum Heights, we are serving all of FHA Loan Maryland.

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 Linthicum Heights Maryland

Low down payment with a minimum of 3.5% down payment
Lower credit scores. Down to 580 to for 3.5% down payment
Great for first time home buyers.
An Federal Housing Administration, FHA provides a guarantee loans to the lender who is actually extending the loan.
To apply for an FHA loan, you'll need to provide your Social Security number, two years of tax returns and employment verification.
FHA loan payments should be equal to or less than 31% of a borrower’s income. If a borrower has debt, the combination of debt payments and mortgage payment should equal 43% or less of the borrower’s income. The lender may make some exceptions to this rule. We can allow for a ratio of 50% DTI
To apply for an FHA loan, you'll need to provide your Social Security number, two years of tax returns and employment verification.

About Linthicum Heights Maryland

Designated as “Linthicum Heights” and zip code 21090 by the US Postal Service, Linthicum has been traditionally divided into two distinct communities each with its own community association and identity. These two communities, split by the Baltimore Beltway in 1957, are Linthicum and North Linthicum (or, alternatively, Linthicum-Shipley and North Linthicum.)

Linthicum is in Anne Arundel County and is one of the best places to live in Maryland. Living in Linthicum offers residents a rural feel and most residents own their homes. In Linthicum there are a lot of coffee shops and parks. Many young professionals live in Linthicum and residents tend to lean conservative.

Major Attractions in and around Linthicum Heights, MD

National Electronics Museum (Exhibits on radar & satellite history)
BWI Trail (Hiking)
Live! Casino & Hotel Maryland (24-hour spot for slots & table games)
The Benson-Hammond House (History and museum)
Linthicum Park (Park and garden)
Washington Boulevard

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