Maryland Mortgage Program Changes for 2019
Are you moving? Why are you paying someone else $1,000 or more a month for rent when you can be paying yourself? Are you thinking about buying a home? Don't have enough money saved for your down payment? I can help you with that!! It's possible to buy a home with as little as $1,000 of your own money.
Starting January 1, 2019 the homebuyer education requirements for the Maryland Mortgage Program (MMP) is now standardized for all 23 counties in Maryland and the City of Baltimore.
Homebuyer education classes can be taken in any HUD, Freddie Mac, Fannie Mae or private mortgage insurers. Classes can be online or in person, but, a dated completed certification must be issued.
The class must be completed within 12 months of closing, all pre contract restrictions have been removed.
Homebuyer education completion certificates are now transferrable across Maryland state jurisdictions. So, classes taken in one county can now be used in another.
Let's get started!!
If you are thinking of buying or selling a home in Maryland give us a call at 410-292-0100 or start your search here and we'll talk about the market conditions and what your home could possibly be worth in today's market place if you are thinking of selling. If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building alone is worth the plunge into today's market. Houwzer and I are connected with some of the brightest and best real estate agents in the world and can assist with your move here in Maryland or anywhere in the United States or abroad. Ask me how.
During these trying times, Houwzer and I are equipped with the latest technology to sell your home using Virtual Open Houses, Virtual showings, electronic signing, virtual inspection, and even online closings. You can reach out to me through Snapchat, Duo, Skype, Google Hangouts, What's App, text messaging, or simply by phone. We take your and your family's health and safety very seriously.
June Piper-Brandon ~ Associate Broker ~ CDPE, CIAS, ePro, MRP
410-292-0100 - Direct 410-559-0155 Office