If you live in Maryland and you still want to take advantage of the $8000 First Time Homebuyer Tax credit you should hurry up. The 1st Time Homebuyer credit is due to expire on November 30th. Many of the big banks are turning customers away b/c they can’t process a loan in 30 days. Academy Mortgage is [...]
If you want to avoid costly mistakes, work with a local FHA reputable lender. Today, I received a call from a mother and she was in panic mode. She explained that she was helping her daughter-a first time home buyer purchase a condo in Bethesda, MD. They were pre-approved by an out of State lender [...]
If you are purchasing a foreclosure in Maryland, and plan to do rehabilitation then your best bet is to get an FHA 203-k loan. For many, buying a foreclosured property can present certain challenges: Challenges: Sale is “As Is” Seller Not Willing to Fix or provide Needed Repairs Standard FHA Financing Not Available Buyer’s Concerns About [...]
This is a mortgage purchase program for 1st time home buyers(fed definition) Fixed rate, 30 yr loans Used with FHA, VA or USDA financing. Borrower’s can get Down Payment & Settlement Expense Loan Program. Money the state has appropriated to lend to 1sttime home buyers at 0% deferred, for them to use toward their settlement expenses. A Loan [...]
*This is not an offer to lend. 
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