Guide of First Time Home Buyer Loan Assistance Program in Glenn Dale

First Time Home Buyer Glenn Dale Maryland

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

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

Glenn Dale is an unincorporated area and census-designated place in Prince George’s County, Maryland, United States. The population was 13,466 at the 2010 census. Glenn Dale is home to the Glenn Dale Hospital, an abandoned sanatorium, and the USDA Plant Introduction Station. Is Glenn Dale, MD Safe? The B+ grade means the rate of crime is lower than the average US city. Glenn Dale is in the 73rd percentile for safety, meaning 27% of cities are safer and 73% of cities are more dangerous.

Glenn Dale Elementary School
6700 Glenn Dale Rd · +1 301-805-2750

Holy Trinity: An Episcopal School
11902 Daisy Ln · +1 301-464-3215

Reid Temple Christian Academy
11400 Glenn Dale Blvd · +1 301-860-6570

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

Things To Do In Glenn Dale Maryland

Greenbelt Park (Wooded suburban getaway with campgrounds)
Marietta House Museum (Museum and history)
Six Flags America (Fun park with kiddie rides & coasters)
NASA Goddard Visitor Center (Museum)
High Bridge Park (Park and garden)
Patuxent Research Refuge (US fish & wildlife department services, birdwatching, fishing, wildlife and nature)