First Time Home Buyer Suitland Maryland

First Time Home Buyer Suitland Maryland

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

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

First Time Home Buyer Home Loan - CLICK HERE!

Benefits of Being A First Time Home Buyer In Suitland 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.
Home loan flip application
Prequalify for your First Time Home Buyer Loan - CLICK HERE!

Suitland is an unincorporated community and census designated place in Prince George’s County, Maryland, United States, approximately one mile southeast of Washington, D.C. As of the 2010 census, the population of the CDP was 25,825. Prior to 2010, Suitland was part of the Suitland-Silver Hill census-designated place.

Schools in Suitland, MD

Suitland High School Annex
Suitland, MD, United States · +1 301-817-0500

Suitland High School
District Heights, MD, United States · +1 301-817-0500

Suitland Elementary School
Hillcrest Heights, MD, United States · +1 301-817-3770

First Time Home Buyer - CLICK HERE TO QUALIFY
fha loan alachua

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

first time home buyer programs in maryland, Arundel & Montgomery county

Things To Do In Suitland Maryland

  • George Washington Memorial Parkway (Riverside route with commemorative sites)
  • Mount Vernon Trail (18-mi. trail alongside historic sites)
  • Woodrow Wilson Memorial Bridge (River)
  • The Carousel at National Harbor (Whimsical carousel with water views)
  • Fort Washington Park (Historic location with relics & trails)
  • Harmony Hall Park (History and art)

 

Discuss Loan Options

I would like to discuss my loan options

Quick Apply

I would like to apply for my loan myself

apply home loan

Pre-Qualify

I am shopping for a home and would like to pre-qualify for my price range.

VA loan
VA LOAN - NO MONEY DOWN -CLICK HERE
non qm home loan
NON QM LOAN FOR BUSINESS OWNERS CLICK HERE

 

EXPERT HOME LOAN ADVICE

Hard money loan
Uncategorized

Top Reasons For Hard Money

The top reasons investors use hard money loans: Here are the Top $ Reasons to use a Hard Money Loan for your real estate investment

Read More »
March 27, 2023 No Comments