Loan Programs aren’t one size fits all, but we’ve got something in every size!
ConventionalFinancing
Fixedandadjustablerates.Greatfornearlyevery borrower.
MinFICOof620
Rates&PMI*arecreditbased
FHA
Agreatchoiceforfirst-timehomebuyersorbuyers withless-than-perfectcredit.
PMI*ispermanentforthelifeoftheloan
Morestringentpropertyrequirementson appraisals
USDA
Forborrowersseekingpropertiesinruralareas.
Strictincomerequirements
MonthlyPMI*permanentforthelifeoftheloan
HARFORDCOUNTYSELP-harfordhousing.org
Flexibledownpaymentandclosingcostassistance programthatprovidesopportunitiesforfirst-time homebuyerstoobtainhomesthataresafe,decent, andaffordable.
FHLB-fhlbatl.com
5yearforgivablegrant
Upto$12,500*forfirsttimehomebuyer
Upto$15,000*forcommunitypartners
Grantmoneyislimited,firstcomefirstservebasis
203K
Youcanstillbuythathousewith needed/requiredrepairs.
HELOCs
Fundyourgoalsusingtheequityinyourhome. Getyourcashinhandinjustdays,notweeksor months
Loansupto$350,000*
Non-WarrantableCondos
Non-Occupant-co-borrowersallowed NocondoquestionnaireorReserveRequirement Upto80%LTV/90%CLTV
Construction&Renovation
PerfectforahomeinneedofalittleTLC. Purchaseorrefinanceandrollthecostof improvementsorrepairsintooneloan.
VA
Perfectforactiveandreservemilitary.Spouses mayalsoqualify.
Lowercreditscorerequirements
Canhavemorethan1VAloan
MMP-mmp.maryland.gov
Variousoptionsrangingfromlowmarketratesto firsttimebuyerprograms. Studentloanforgiveness*
FinanceanyrequiredFHAminimumproperty repairs+desiredupgrades,exceptluxuryitems Upto6%sellerconcessionallowed
100%FinancingFHAProduct
Greatforallbuyers(notjustfirst-time).FHAloan covers96.5%andasecondmortgagecoversthe 3.5%downpayment.
BridgeLoanInvestment
Canbesecuredby1or2homes Maxloantovalueof60% 11monthterms
Reverse
Ifyou’reahomeowner62yearsorolder,whether youownyourhomeoutrightorstillhavea mortgage,youmayqualifytogetcashbasedon yourhome’svalue.
DSCR(DebtServiceCoverageRatio)
MortgageSolutionsfortheNon-Traditional Borrower.Investorscanpurchaseapropertyand usetheexpectedrentincomeforincome qualificationwiththeDCSRInvestorCashFlow product.