Silver Spring Maryland’s #1 First Time Home Buyer loan lender. Helping borrowers in Silver Spring Maryland qualify for the best First Time Home Buyer loan to meet their borrowing requirements. Some First Time Home Buyer loan programs in Silver Spring 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
Silver Spring 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
Qualify for a 3% down Home Loan in Silver Spring Maryland. Use this application to pre-qualify and start shopping for your new home in Silver Spring 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.
Silver Spring is located in southeastern Montgomery County, Maryland, United States, near Washington, D.C. Although officially unincorporated, in practice it is an edge city which had a population of 81,015 residents as of the 2020 census.
Schools in Silver Spring, MD
East Silver Spring Elementary School
631 Silver Spring Ave · +1 240-740-0620
Nora School
955 Sligo Ave · +1 301-495-6672
Woodlin Elementary School
2101 Luzerne Ave · +1 240-740-7350
The average listed home price is $525,000 up over 17% from 2020. As of Dec 2021 Silver Spring MD is a sellers market, this means that there are more people looking to buy than there are homes available. Not just Ashton, we are serving all of First Time Home Buyer Maryland market.
Downtown Silver Spring is rated extremely high on livability factors such as nightlife, diversity, health and fitness, public schools, etc. Silver Spring was ranked second out of 193 other Maryland cities as the best suburb for young professionals in Maryland.
Things To Do In Silver Spring Maryland
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