First Time Home Buyer Bladensburg Maryland

Bladensburg Maryland’s #1 First Time Home Buyer loan lender. Helping borrowers in Bladensburg Maryland qualify for the best First Time Home Buyer loan to meet their borrowing requirements. Some First Time Home Buyer loan programs in Bladensburg Maryland  are backed by the Federal Housing Administration (FHA). These popular  first time homebuyer loans require lower minimum credit scores and down payments to make it easier to qualify.

First Time Home Buyer Programs
Bladensburg Maryland

CambridgeHomeLoan.com has a number of First time home buyer loan programs from simple W2 employees to full 2 year tax returns, self employed loans, Non QM loans and more with low down payments and fees. Contact us today to craft the loan that best fits your needs. Some qualifications below.

FHA First Time Home Buyer and HomeReady Program Terms

  • A credit score of at least 580 for a 3% down home loan
  • A credit score of 500 to 579 for a 10% down payment
  • FHA loan with 3.5% down payment requirement
  • 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% down Home Loan in Bladensburg Maryland. Use this application to pre-qualify and start shopping for your new home in Bladensburg 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 Loan you can qualify for. 

Benefits of Being A First Time Home Buyer In Bladensburg Maryland

Bladensburg is a town in Prince George’s County, Maryland. The population was 9,148 at the 2010 census. Areas in Bladensburg are located within ZIP code 20710. Bladensburg is 8.6 miles from central Washington.

Bladensburg Elementary School
4915 Annapolis Rd · +1 301-985-1450

Bladensburg High School
4200 58th Ave · +1 301-887-6700

Port Towns Elementary School
4351 58th Ave · +1 301-985-1480

accokeek first time home buyer

The average listed home price is $525,000 up over 17% from 2020. As of Dec 2021 Bladensburg MD is a sellers market, this means that there are more people looking to buy than there are homes available.  

Things To Do In Bladensburg Maryland 

  • Bladensburg Waterfront Park (Boating & pontoon tours on the Anacostia)
  • Greenbelt Park (Wooded suburban getaway with campgrounds)
  • Prince Georges African American Museum and Cultural Center (Museum)
  • Annapolis Road
  • Anacostia Tributary Trail System
  • Peace Cross (Historical World War I memorial)

 

 

 

 

 

 

 

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