Maryland is among the smallest yet most beautiful of America’s 50 states, and it’s ready to be your new home! When searching for the perfect house in Maryland, though, there are some things you need to know. Luckily, My Home Mortgage Team from First Home Mortgage is here to help! Read on as we guide you through buying a home in Maryland, and contact us if you have any questions.
Check Out the Best Maryland Cities to Live In
With 23 counties and 157 towns and cities, there’s a home in Maryland for everyone. We recommend you check out some of the best places, like Baltimore, Annapolis, Gaithersburg, and Frederick, to find the right home for your family. If you’re a first-time homebuyer, you may be eligible for special financial assistance in certain counties, including but not limited to:
Review Maryland Down Payment Assistance Options
Did you know that there are Maryland down payment assistance programs, like MMP 1st Time Advantage Direct and the MMP Flex 3% Grant, available to both first-time and repeat homebuyers? They fall under the state’s Maryland Mortgage Program (MMP). There are financial assistance options that can provide low interest rates and reduced mortgage insurance, too. My Home Mortgage Team is here to guide you through them all.
Prepare for the Closing Costs
It varies by location, but closing costs range between three to six percent of a home’s price. You must have enough money to cover them, but fortunately, the MMP also offers Maryland closing cost assistance. Whether you’re interested in the MMP Flex 3% Loan or MMP 1st Advantage 3% Assistance, we can help.
Work With My Home Mortgage Team
Whether this is your first time buying a house or your third, My Home Mortgage Team from First Home Mortgage can guide you through the process. We’ll help you review your Maryland down payment assistance options, as well as other financing programs, and offer continuous support until the keys to your new home are in your hands. Work with My Home Mortgage Team to find out what you qualify for and start your path to buying a home in Maryland today!
Testimonials
Patient & Helpful
Tammi was very patient and very helpful throughout the entire application process. Being a first-time home buyer I didn't know a lot of this which made me frustrated but I was able to get approved and now I am a homeowner thanks to Tammi!
— James C.
No Pressure or Stress!
Tammi Lewis made my home buying experience very easy. I felt no stress or pressure. Tammi was with me every step and made sure I understood everything with detailed talks. My credit score was low and Tammi advised me how to raise it. So that the Loan process would be approved with no problems. Any one know that wants to buy their first home I am recommending Tammi Lewis and First Home Mortgage.
— Charlie F.
Professional & Timely
Rob made sure my experience as a first time home buyer was smooth and painless. Very professional and got things done in a timely manner. Could not have asked for more!
— Samantha J.
Great Experience for a New Homeowner
Rob was at all times, willing to go over the numerous pages of information with me. I am a new homeowner and had many as this was my first time navigating the home-buying waters. He explained things to me in a way that I understood and got me all of my documents in a timely and efficient manner. I enjoyed working with him and would refer him to anyone who is looking.
— Erica F.