Maryland FHA Loan

 

FHA mortgage loans are very popular, not just because they are easy to qualify for but also because of their favorable borrowing terms. In Maryland, you can qualify for an FHA loan with a credit score of 580 and down payment of as low as 3.5%. In case your credit score is lower than 580 then you can increase the down payment and still qualify for the mortgage. So basically the Maryland FHA loan is possibly the easiest mortgage to qualify for. That goes for both first time and repeat homebuyers.

But of course the lender will still do some underwriting before approving your application, and there might be a few details that can deter you from getting approved. That is why we always encourage Maryland FHA loan borrowers to apply through our website. TJC Mortgage has mortgage experts who will help you get approved for an FHA loan. We also offer tailored deals and a simplified application process for all our customers.

To get you started, we have covered everything you need to know about FHA mortgages in this section. That includes a detailed explanation of what exactly this loan is and the benefits that come with it. You will also find all the requirements needed by Maryland FHA loan lenders, including credit score, income, and down payment requirements.

Feel free to email or call us in case you need any clarification. Remember, we have a dedicated team of mortgage professionals who can help you get approved for an FHA loan in Maryland.

Maryland City Mortgage Service Areas