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. 

Benefits of Being A First Time Home Buyer In Suitland Maryland

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

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.  

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)

 

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