I am excited to announce that I now offer the Guaranteed Rural Housing home loan program for purchase or refinance! 

With a Guaranteed Rural Housing mortgage loan, you can purchase your dream home and not break the bank financing it!  With a variety of loan features and benefits available – including up to 100% financing, a Rural Housing mortgage loan may be the perfect mortgage for you. 

Here's more information about our Rural Housing loan program and how it works:

•  A 30 year fixed rate mortgage loan for 1 unit primary residence properties
• Up to 100% LTV (loan-to-value) allowed based on the appraised value
• Up to 6% seller contributions allowed
• No minimum contribution from your own funds required
• You can even finance the closing costs into the loan amount up to the maximum LTV (loan-to-value) amount.  Remember, the LTV is based on the Appraised Value, not the sale price... that is a significant niche, call me and I will explain why that is such a good thing for you.
• Low, 2% upfront Guarantee Fee is financed into the loan amount. No monthly mortgage insurance payments required!

Rural Housing mortgage loans are often thought of as only for rural properties or farms.  That is not true.  Many counties on the Eastern Shore of Maryland are eligible.  Worcester County, Somerset County, Kent County, Queens Anne's County, Talbot County, Caroline County.   Even some areas of Montgomery County, and other Maryland counties are eligible for Rural Housing mortgage loans.

Are you Interested in learning more about and or applying for a Rural Housing home loan program?

1) Download the Rural Housing mortgage loan application, complete and return by fax:  410-643-8826  or mail to Compass Point Mortgage Corp., Attn: Burton Jamison,  202 St. Claire Place, Suite 150, Stevensville, MD 21666.

2) Inquire with our online Prequalification Form

3)  Apply by phone during office hours (usually 9 to 5, some days 8 to 6).  410-643-0222 or  888-643-3659

4)  Send an email with your number and the best time to contact you. 

Owner Occupied First Time Buyer Rural Housing mortgage loans in Maryland.  Not in Maryland?  Call me anyway.  Not a first time buyer?  No Problem!

**Important: Please call or have your agent call  BEFORE writing an offer/ contract on a home for details of No Cash Needed For Closing.  If the seller will not pay 6% towards closing (usually covers everything), then there still may be a way to avoid having to bringing money to closing.   410-643-0222    888-643-3659.