Budgeting Closing Costs Down Payment Assistance Expert Advise Home Buyer Strategy Market Updates Maryland Maryland Mortgage Program Montgomery County Mortgage 101 Mortgage Advice Mortgage Planning

Up to $25,000 available to Montgomery County home buyers

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Montgomery Homeownership Program VI  - Open as of July 28, 2021 *******PROGRAM CLOSED.  FUNDS EXHAUSTED AS OF OCTOBER 22, 2021******* The Montgomery Homeownership Program is an initiative of the Maryland Mortgage Program in partnership with Montgomery County, which offers eligible home buyers who purchase in…
Budgeting Expert Advise Home Buyer Strategy Home Buyer Tips Low down payment Market Updates Maryland Maryland Mortgage Program Mortgage 101 Mortgage Advice Mortgage Planning

Conforming Loan Limits to Rise in 2020

Some good news for those looking to purchase a home in 2020!!! The Federal Housing Finance Agency  has announced that the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac will rise in 2020. Old conforming loan limit -…
Closing Costs Down Payment Assistance Expert Advise Home Buyer Strategy Home Buyer Tips Market Updates Maryland Maryland Mortgage Program MCC Mortgage 101 Mortgage Advice Mortgage Planning

Maryland Mortgage Program adds new Flex loan options to help more buyers

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The Maryland Mortgage Program (MMP) has always been geared toward helping first time home buyers in Maryland with down payment and closing cost assistance.  MMP defines a first time home buyer as a person who has not owned a home in the most recent three…
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Credit counseling & debt management

If you are struggling to manage your credit and your finances, you could greatly benefit from speaking with a credit and debt management counselor. We recommend InCharge Debt Solutions. InCharge Debt Solutions is a 501(c)(3) nonprofit organization offering confidential and professional credit counseling, debt management services,…
Down Payment Assistance Expert Advise Home Buyer Strategy Market Updates Mortgage 101 Mortgage Advice Mortgage Planning Prince Georges County Maryland

Prince Georges County -Down Payment Assistance

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PRINCE GEORGES COUNTY PURCHASE ASSISTANCE PROGRAM (PGCPAP) (Prince Georges County, Maryland only – all zip codes) The Prince Georges County Purchase Assistance Program (PGCPAP) is offered through the Prince Georges County Housing Investment Trust Fund and administered by the Redevelopment Authority of Prince Georges County.…
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Mortgage Insurance Explained

For any Conventional mortgage with less than 20% down, mortgage insurance is required.  Mortgage insurance is a form of insurance that protects the lender in the case of a default on the mortgage.  The actual cost of the mortgage insurance and how it can be…

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