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Buying A Home -Downpayment Options
Buying a house isn’t just about the purchase price or the monthly payment. A good part of your budget will also be your down payment.
November 27, 2022 No Comments
FHA Home Loan Mitchellville Maryland
Real Estate Market Trend for Mitchellville, Maryland
Cambridge Home Loan is Mitchellvilles #1 FHA Lender in Mitchellville Md.
About
Mitchellville is an unincorporated area in Prince George’s County, Maryland, United States. The total population was 10,967 at the 2010 census. Mitchellville is safer than 33% of the cities in the United States. There is virtually no crime in this area and a great place for families as well as first time home buyers .
Are you a FIRST TIME HOME BUYER and want to know the best rates?
First Time Home Buyer Programs
To Best Suit Your Needs;
*VA Loan – No Money Down Loans For Military
*FHA Loan – First Time Home Buyer
Program from 3.5% Down
* HomeReady – First Time Home Buyer from 3% Down
Starting FICO credit score at FICO 550
Business Owners Non-QM Loans
*Bank Statement Only
*Foreign National Loans
*1099 Only
*Jumbo Prime Home Loan
Best things to do in Mitchellville, Maryland
Enterprise Golf Course
A premier public golf course in the Mid-Atlantic region. It opened in 1976 and is built on a historic property that was formerly the Old Newton White Dairy Farm. A great place to golf.
Hours
Mon-Sun and holidays, dawn-dusk.
Amenities
Club Rentals
Driving Range
Putting Green
The Country Club at Woodmore
This Golf course has a distinguished reputation as one of the area’s most challenging courses as well as being one of the most esteemed club venues. It boasts beautiful surroundings and a favorite course for golf, personal and association events.
LAKE ARTEMESIA NATURAL AREA
This public park consists of a 38-acre lake, a handicapped accessible fishing pier, and beautiful aquatic gardens. More than two miles of hiking and biking trails surround and connect the lake with Calvert Road Park and College Park Airport and Aviation Museum. The Luther Goldman Birding Trail attracts both expert and novice bird watchers hoping to glimpse finches, orioles, ibis, and other birds. The Prince George’s Audubon Society hosts bird walks every 1st and 3rd Thursday of the month.
Lake Artemesia is a great place for fishing as well. A non-tidal fishing license is required for persons 16 & older. In addition, a trout stamp is required to catch-and-take trout from the lake. Refer to the Maryland DNR website for more information about local fishing ordinances and licensing requirements.
Are you a FIRST TIME HOME BUYER and want to know the best rates?
Allen Pond Park
Allen Pond Park is an 85-acre (340,000 m2) multi-use park, located in and managed by the City of Bowie in Prince George’s County, Maryland. The park includes an Ice Arena, Amphitheater, boat rentals, Skate Park, 10-acre (40,000 m2) stocked pond, six lighted ballfields, picnic areas and pavilions, walking and biking trails, a lighted basketball court, fitness station and several playground areas.
It is also the home of Opportunity Park, which offers 100% accessible experiences at its tot lot, school-aged playground, fitness cluster and fishing. The park has a 39% total wood coverage, with the pond occupying 12% of the park. The parking lot that services the park can be accessed from 3404 Mitchellville Road, across from the Mitchellville Road Soccer Fields, and from the main 3330 Northview Drive entrance.
Prince George's Stadium
Prince George’s Stadium is a multipurpose sports venue located in unincorporated Prince George’s County, Maryland, primarily used for baseball. It is home of the Baltimore Orioles’ Double-A affiliate in the Eastern League.
The stadium is the result of a cooperative venture between Maryland Baseball Limited Partnership and the Maryland-National Capital Park and Planning Commission, and is built on park property. A great way for the entire family to spend the day.
Pump It Up of Lanham Bowie Kids 100% Private Birthdays and Open Jumps
Pump It Up is the pioneer in birthday party entertainment. Founded in Pleasanton, California in 2000, it was an immediate success, allowing parents to host children’s parties in a private, safe, and clean environment. Due to its popularity, Pump It Up began franchising in 2002.
Today, Pump It Up is Kids’ Favorite Place with centers across the country. It has set the industry standard for indoor inflatable safety, while providing your community with a fun and healthy family activity.
WHAT LOCALS LOVE THE MOST
Just Don't Miss It
Enterprise Golf Course provides residents with the opportunity to relax on the green. Enjoy Caribbean and Peruvian cuisine at the area’s many local eateries. Head to Upper Marlboro to attend a festival at Watkins Regional Park or visit Six Flags theme park.
Want to know the BEST RATES for FHA Loan and FIRST TIME HOME BUYER??
Best Places to Live in Mitchellville, Maryland
National center – Along the Potomac River between southern Maryland and northern Virginia, inland from Chesapeake Bay. September, May and June are the most pleasant months in Mitchellville, while January and February are the least comfortable months.
Attractions
-Uniquely attractive core
-Arts and culture
-Historic interest
Housing in Mitchellville, Maryland
Mitchellville real estate consists primarily of single-family homes. There are a small number of rentals, but the vacancy rate is quite low. However, home buyers have plenty of properties to choose from, including townhomes, bungalows on large lots, stately colonials, and sprawling mansions. There’s also a good mix of newly constructed and older homes for sale in Mitchellville.
Whether they commute to Washington, D.C., or just to the town’s business district, people living in Mitchellville, Maryland, love the peace and quiet of this beautiful neighborhood, just a short distance from the hustle and bustle of the nation’s capital.
Mitchellville, MD Demographics
Statistic | Mitchellville | Maryland | National |
Population | 10,900 | 6,045,680 | 328,239,523 |
Population density (sq mi) | 2,208 | 627 | 91 |
Median age | 43.4 | 38.3 | 37.7 |
Male/Female ratio | 0.9:1 | 0.9:1 | 1.0:1 |
Married (15yrs & older) | 51% | 54% | 55% |
Families w/ Kids under 18 | 34% | 44% | 43% |
Speak English | 86% | 82% | 79% |
Speak Spanish | 4% | 7% | 13% |
Household Income Distribution
Place Of Birth By Citizenship
Mitchellville Age Breakdown
Marital Status
Age of Children In Married Couples
Mitchellville, MD Occupied Housing Units
717 or 19% of the households in Mitchellville, MD are renter-occupied while 2,878 or 80% are owner-occupied.
Discuss Loan Options
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Pre-Qualify
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Housing Market Trends in Mitchellville, MD
In June 2020, the median list price of homes in Mitchellville, MD was $400K, trending up 33.2% year-over-year. The median listing price per square foot was $169. The median sale price was $358K.
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Median List Price vs. Median Sold Price
Sale-to-List Price Ratio: 98.6%
Homes in Mitchellville, MD sold for 1.4% below asking price on average in June 2020.
BESTPLACES COMFORT INDEX
The annual BestPlaces Comfort Index for Mitchellville is 7.4 (10=best), which
means it is one of the most pleasant places in Maryland.
7.4 / 10
September, May and June are the most pleasant months in Mitchellville.
Looking for the best FHA home loan in Mitchellville Maryland?
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FHA Loan Mitchellville Maryland, Maryland’s #1 FHA Loan Lender
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