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No Money Down Purchase in Maryland |
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Guidelines Are Constantly Changing 410-643-0222 888-643-3659 If you are
outside of Maryland,
No Money
Down Purchase
Our No Money
Down program is a purchase money only program that allows the borrower
to finance 100% of the lesser of the purchase price or appraised value.
Qualifying debt to income ratios are determined by the automated underwriting
engine. This usually requires a minimum middle credit score of 600.
It is only for borrowers with established credit.
No Income Limits on Certain Loan Programs! Owner Occupied Only...Single Family, PUDs, Townhomes, & Condos Seller concessions of 3% to 6% allowed which may include pre paids (except interest). First Time Homebuyers Allowed Standard employment history Bankruptcy discharged over 5 years ago okay Reserves depend on credit history. *a reserve is money that must be verified by a bank or similar statement. Other Guidelines Apply, Call Burt Jamison, FSBO Financing Specialist For Current Rates and Details... Apply By Phone! Burton Jamison
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