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CDA, Down Payment Help for First Time Home Buyers, Maryland.

February 3rd, 2011 by admin

DOWN PAYMENT MONEY AVAILABLE FOR MARYLAND FIRST TIME HOME BUYERS, CDA..

Community Development Administration, or, “CDA”.  Available for all Maryland First Time Home Buyers who qualify.

$5,000 CDA money is available for First Time Home Buyers, 1st Time Home Buyers.

Interest Rate: 4.25% (as of 2/3/2011).  0 points.

***   “First Time Home Buyers” are home buyer who have not owned an interest in real estate for the past 3 years.

***   Available in all of Maryland with FHA financing.

***   Income Limits apply up to $124,200 for 1-2 persons.  Call to qualify, 800-711-7988.

***   Down Payment loan has ZERO (0) interest rate and is deferred - mo monthly payment.

***   Homebuyer classes available to familiarize First Time Home Buyers with details of home ownership.

***  Minimum credit score of 620 is required.  Call Lenn for a FREE and confidential credit report review, 800-711-7988.

***  Seller agrees to pay most of Buyer’s closing costs (FHA permits up to 6% of purchase price).

Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988.

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