First Time Home Buyer Bowie

First Time Home Buyer Bowie Maryland

The Best Home Loans For First Time Home Buyers! CLICK HERE!

Bowie Maryland’s #1 First Time Home Buyer loan lender. Helping borrowers in Bowie Maryland qualify for the best First Time Home Buyer loan to meet their borrowing requirements. Some First Time Home Buyer loan programs in Bowie 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
Bowie 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 Bowie Maryland. Use this application to pre-qualify and start shopping for your new home in Bowie 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.

Prequalify now to see how much of Loan you can qualify for.

Benefits of Being A First Time Home Buyer In Bowie Maryland

Low down payment with a minimum of 3% down payment
Lower credit scores. Down to 580 to for 3.5% down payment
VA Loan with No down payment required
For First Time Home Buyer's, FHA provides a guarantee loans to the lender who is actually extending the loan on an FHA loan.
To apply for an FHA loan, you'll need to provide your Social Security number, two years of tax returns and employment verification.
Simple Application and Approval Process
To apply for an FHA loan, you'll need to provide your Social Security number, two years of tax returns and employment verification.

Bowie is a city in Prince George’s County, Maryland, United States. The population was 54,727 at the 2010 U.S. Census. Bowie has grown from a small railroad stop to the largest municipality in Prince George’s County, and the fifth most populous city and third largest city by area in the U.S. state of Maryland.

Bowie High School
15200 Annapolis Rd · +1 301-805-2600

C. Elizabeth Rieg Regional School
15542 Peach Walker Dr · +1 301-390-0200

Rockledge Elementary
7701 Laurel Bowie Rd #1002 · +1 301-805-2720

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

Things To Do In Bowie Maryland

Six Flags America (Fun park with kiddie rides & coasters)
Glen Echo Park (Visual & performing arts venue)
Watkins Regional Park (Site with playgrounds, trails & fields)
SUPERMAN: Ride of Steel (Roller coaster, amusement ride, amusement park and water park)
Patuxent Research Refuge (Us fish & wildlife department services, birdwatching, fishing, wildlife and nature)
Wild One (Roller coaster)