If you reside in the Old Line State and are an aspiring homeowner, then USDA mortgage Maryland is the perfect product for you. It is as adjustable as it is fast to process.

You may be wondering whether USDA mortgage MD will be flexible enough for your special circumstances before you apply. Why, maybe you have always sought refuge in the frustrating conventional market! This program is so flexible that it ranks among the top two government home purchase programs in the nation, the other being VA.

Flexible Terms in Brief

Be ready to choose any of the following attractive terms for your USDA mortgage Maryland:

• 30-year fixed or a Pilot program.
• Repair program that confers you $10000 worth of refurbishment credit.

Home Options

The most popular home options include:

• Condominiums.
• Property under development, including townhomes.
• Modular residences.
• Construction developments.

With the friendly USDA mortgage MD, you will discover many more types of homes that will just suit your family’s needs.

Selecting the Loan that suits your circumstances

Another attractive feature of Rural Development’s home purchase scheme that comes with adjustments is the type of loan that you will go for. Would you prefer the Direct or Guaranteed option?

Remember it is not you but your income, rather, which will have the say!

• If you go for the Direct USDA mortgage Maryland program, your income only need be 50% of the area median.
• For the Guaranteed program, your earnings ought to be 115% of the AMI.

Enjoy Flexible Rates

If you are hitching on a ride to the rural areas on the East Coast, you may also be wondering how to cope with high lender-rates. USDA Loans Direct can comfortably promise to have you enjoy the following items:

• Fix a low rate on your USDA mortgage MD.
• Reduce the interest rate by as high as 1% during a Pilot Program.
• Get a permanent minimal rate that will last over the three-decade amortization duration.

In fact, USDA Loans Direct considers rates as the most important area of consideration other than the application itself. Interest determines the overall cost of the home over amortization. The lower it is the better. Ask for low rates and we will seek the best for you!

Time to Go For USDA mortgage Maryland

Have you had a consistent employment record in the previous 24 months? Have you tried other government schemes including that of the Federal Housing Administration (FHA) with no success? Do you have a credit score of just 620? Then you are the right person for this mortgage!

Contact us now while rates remain low.

Helpful links for you to review:

USDA Loan

USDA Down Payment Assistance

First Time Home Buyer

USDA Rural Development Loan