Maryland

HomeBuyer's 107SM
NO LONGER AVAILABLE

We Still Have No Money Down Loans Available in Md!

No Money Down - No Down Payment - No Buyer Cash Needed

For a No Money Down Mortgage Loan
in Maryland please Click to our New Home Page:
 
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Copyright © 1998-2002 Burton Jamison/ MarylandLowRates.com.  All Rights Reserved.

Guidelines and Availability are SUBJECT TO CHANGE!  NO LONGER AVAILABLE IN MARYLAND, but these were GREAT loan programs for Consumers.

HomeBuyer's 107sm
(Borrow up to 107% Of Purchase Price!)
  • ZERO Cash For Down or Closing!
  • 680 and above middle scores
  • Owner Occupied & Second Homes
  • Loan Amounts to $400K & 45 DTI
  • 1-2 unit, Low Rise Condos & PUD's
  • 2 months PITI reserves
  • $1500 residual income
  • No Mortgage Insurance!
  • First Time Home Buyers Allowed
HomeBuyer's 103sm
(Little or No Cash Needed At Closing)
  • Zero Down, Little Cash Need At Closing
  • Middle scores as low as 580
  • Loans to 300K & 45 DTI (620+ middle)
  • Loans to 250K & 55 DTI (580+ middle)
  • 1-2 unit, Low Rise Condos & PUD's
  • 2 months PITI reserves
  • $1500 residual income
  • No Mortgage Insurance!
  • No First Time Buyers Allowed
100% Stated Income
(No Money Down!)
  • 720 and above middle scores
  • Owner Occupied Only
  • Loans to 300K & 45 DTI
  • 1-2 units, Low Rise Condos & PUD's
  • 2 months PITI Reserves
  • $1500 residual income (stated)
  • No Mortgage Insurance!
  • First Time HomeBuyers Allowed
95% Non Owner Occupied
(Only 5% Down On Rental Property!)
  • 720 and above middle scores
  • Loans to 300K & 45 DTI
  • 1-2 unit, Low Rise Condos & PUD's
  • 6 months PITI reserves
  • $1500 residual income
  • No Mortgage Insurance
  • First Time Homebuyers Allowed
  • No limit to the number of  owned or financed properties

Other Guidelines apply on all programs.

Guidelines and Availability are SUBJECT TO CHANGE! 

We have very competitive rates and terms, these loans require good credit.

Again, rates are based on the middle credit score and Program.


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Disclaimer
Copyright © 1998-2023 Burton Jamison/ MarylandLowRates.com.  All Rights Reserved.