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

 

First time home buyer Glen Burnie Maryland Home Loan Application.  Qualify or Apply Below!

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