We are Mayo Maryland’s #1 FHA loan lender. We are helping borrowers in Mayo 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 Mayo 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 Mayo 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 Mayo, 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 Mayo Maryland

About Mayo Maryland

Mayo is located at south of Annapolis. It occupies a peninsula between the South River to the northeast and the Rhode River to the southwest, both of which are tidal arms of Chesapeake Bay. It is bordered by the CDP of Edgewater to the northwest, and (across the South River) by the CDP of Annapolis Neck to the northeast. Saunder’s Point, Shoreham Beach, Beverly Beach, Cloverlea, Turkey Point, Holly Hill Harbor, Selby Beach, and Cape Loch Haven are some of the neighborhoods found in Mayo.

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

Major Attractions in and around Mayo, MD

  • Mayo Beach Park (Quiet, sandy beach for picnics & swims)
  • Beverly Triton Nature Park (Park and garden)
  • Quiet Waters Park (Parkland with a playground & gardens)
  • Thomas Point Shoal Lighthouse (Whitewashed, 1800s lighthouse with tours)
  • Great Frogs Winery (Winery, vineyard, wine tasting and wine)
  • Mayo Beach (Beach)

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