What You Should Know When Purchasing With A VA Loan

What You Should Know When Purchasing With A VA Loan

Whether you are active military or reservist you may qualify for VA financing. Certain members of the military can qualify without having to have specific years of service. If you served on foreign soil you may qualify automatically to be able to utilize the program and get 100% financing. 
When purchasing a home, those qualified for VA financing may not be required a down payment. VA also requires a funding fee that may also be financed over and above the 100%. The funding fee is a form of mortgage insurance you will pay that can be paid up front or financed and certain members who are disabled in one form or another may even become exempt from this fee. There is no monthly mortgage insurance cost like there is for an FHA loan. 
If you are a vetern or reservist who qualifies for VA, you may also get seller assistance for closing costs and prepaids on your behalf when you negotiate your contract. This in turn allows you to be able to purchase a home for no money out of pocket. Linda Greco Rich is a full time Realtor who will help you. Call Linda at 410.877.4804 to get started on your home search. 
You may also be able to pay off debts to qualify plus there are programs in conjunction with VA financing  such as MMP and bond monies available for assistance, as well. Call Tom Cumpston with First Home Mortgage to get your loan information at 410.808.4211. Tom is a specialist in helping VA borrowers.  
Bel Air Md Homes for Sale - Linda Greco, Harford and BaltimoreCounties Residential Real Estate Expert at Exit Preferred Realty Bel Air MD provides all of your real estate needs in Bel Air MD, Fallston, MD, and surrounding areas of residential Harford County. Linda Greco offers her Bel Air MD, Fallston MD, and surrounding Harford County life time expertise to provide an excellent level of service to those Buying and Selling Homes in Bel Air MD and Surrounding Areas. Call 410.877.4804

Now is the Perfect Time to Sell in Amyclae Estates Bel Air MD

October 2014 is the perfect time list your home in Bel Air, MD. If you are buying a home in Bel Air, you may want to consider homes for sale in Amyclae Estates. Currently there is only 1 single family home for sale in Amyclae Estates which is why people thinking of selling should take advantage of the very little competition. In fact, this home for sale is Bank Owned and listed for $339,900 and has been on the market for 125 days. 

Sold single family homes in Amyclae this year averaged a closing price of $385,333. Seller contribution is not factored into this price.

 Sellers contributed on average approximately $3,700. Amyclae Estates is located off of Rt. 22 and Rt 543 in Bel Air, MD and is 

comprised of townhouses and single family homes built between 1990-1995.

Compare Amyclae Estates activity to the Bel Air, MD 2014 real estate statistics. 

If you need help finding the perfect home in Bel Air whether a single family home or townhouse, please call Linda Greco, Realtor at 410.877.4804.

Bel Air Md Homes for Sale - Linda Greco, Harford County Residential Real Estate Expert at Exit Preferred Realty Bel Air MD provides all of your real estate needs in Bel Air MD, Fallston, MD, and surrounding areas of residential Harford County. Linda Greco offers her life time Bel Air MD, Fallston MD, and surrounding Harford County life time expertise to provide an excellent level of service to those Buying and Selling Homes in Bel Air MD and Surrounding Areas. Call 410.877.4804

Home Buyer Assistance Programs in Harford County Maryland

Home Buyer Assistance Programs in Harford County Maryland

You may be eligible for any or all of these programs below if you have not purchased a home in the last 3 years or if you buy in a targeted area such as Harford, Cecil, or Baltimore Counties and surrounding areas.There are other assistance programs, too that you may not know about. 

CDA - This is a MD Bond Program that offers up to $5,000 help towards closing or down payment. I can negotiate seller help with closing cost assistance for a buyer along with any or all of these programs.

NCI - If you purchase in Abingdon, Aberdeen, or Edgewood you may also be eligible to get up to $7,500 towards closing cost assistance.

MCC - You may also qualify for the new tax program and receive up to $2,000 back each year from interest costs you have paid on your mortgage.

HK4E - State employees and participating employers may also assist buyers to receive up to $2,500 towards down payment and/or closing cost assistance.

SK4E - If you qualify for House Keys you may also be eligible for Smart Keys up to $1,000 towards down payment and/or closing assistance.

Please contact Tom Cumpston for a no cost or obligation consultation and further information on qualifying on any or all of these programs. Call Tom at 410.808.4211 or email at tcumpston@gofirsthome.com

5 First Time Home Buyer Assistance Programs Available in Harford Co. MD

5 First Time Home Buyer Assistance Programs Available in Harford Co. MD

CDA - This is a MD Bond Program that offers up to $5,000 help towards closing or down payment. The awesome benefit of this is, of course, $5,000 but also if I negotiate seller help with down payment, a buyer will come to the settlement table with very little money out-of-pocket!

NCI - If you purchase in Abingdon, Aberdeen, or Edgewood you may also be eligible to get up to $7,500 towards closing cost assistance.

MCC - You may also qualify for the new tax program and receive up to $2,000 back each year from interest costs you have paid on your mortgage.

HK4E - State employees and participating employers may also assist buyers to receive up to $2,500 towards down payment and/or closing cost assistance.

SK4E - If you qualify for House Keys you may also be eligible for Smart Keys up to $1,000 towards down payment and/or closing assistance.

Please contact Tom Cumpston for a no cost or obligation consultation and further information on qualifying on any or all of these programs. Call Tom at 410.808.4211 or email at tcumpston@gofirsthome.com

Bel Air Md Homes for Sale - Linda Greco, Harford County Residential Real Estate Expert at Exit Preferred Realty Bel Air MD provides all of your real estate needs in Bel Air MD, Fallston, MD, and surrounding areas of residential Harford County. Linda Greco offers her life time Bel Air MD, Fallston MD, and surrounding Harford County life time expertise to provide an excellent level of service to those Buying and Selling Homes in Bel Air MD and Surrounding Areas. Call 410.877.4804

0 comments | Post a Comment

Post URL: http://lgreco.exitpreferred.net/Web/AR301959/Blog/post/?post_id=94539

Tags: first time home buyers in harford county md, down payment assistance programs in Harford County