Great Loan Program For First Time Home Buyers

If you are considering buying Maryland real estate and you are a first time home buyer, I have good news.

One of the best first time home buyer programs is offered by the Maryland Housing Opportunities  Commission (HOC).

The HOC program has a couple of options:

Option 1:  30 year fixed rate at 3.625% with no points

or

Option 2:  30 year fixed rate 4.0%  with 3% down payment assistance

The option 2 3% down payment is a no interest deferred loan and the money can be used for closing cost in the purchase of Maryland real estate.

Please feel free to contact me at brienberard@mymarylandcastle.com or by phone at 301-604-0198 to discuss this or any other loan program.

As always, for any real estate information visit Maryland home sales.