We are Washington Grove Maryland’s #1 FHA loan lender. We are helping borrowers in Washington Grove 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 Washington Grove 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 Washington Grove 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 Washington Grove, we are the best FHA Loan Maryland lender.

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 Washington Grove Maryland

About Washington Grove Maryland

Washington Grove is a town in Montgomery County, Maryland, United States. The population was 555 at the 2010 United States Census. The Washington Grove Historic District was listed on the National Register of Historic Places in 1980. 

Living in Washington Grove offers residents a rural feel and most residents own their homes. In Washington Grove there are a lot of restaurants, coffee shops, and parks. Many retirees live in Washington Grove and residents tend to have moderate political views. The public schools in Washington Grove are above average.

Major Attractions in and around Washington Grove, MD

  • City of Gaithersburg Water Park at Bohrer Park (Outdoor pool with giant waterslides)
  • Seneca Creek State Park (Sprawling oasis for fishing & hunting)
  • Rock Creek Regional Park (Woodland hiking trails & 2 lakes)
  • Gaithersburg Community Museum (Museum)
  • Bohrer Park (City park for picnics & putt-putt)
  • Agricultural History Farm Park (Vintage farm with exhibits & trails)

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