Ramblings of a Baltimore area Realtor: Maryland Mortgage Program Changes for 2019

Maryland Mortgage Program Changes for 2019

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 an 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 todays market.  Remax New Beginnings 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.

June Piper-Brandon ~ Associate Broker ~ CDPE, CIAS, ePro, MRP

Long & Foster Hampden

410-292-0100 - Direct   410-889-9800 Office

City Living Expert

 

 

 

 

 

 

June Piper Brandon - Agent with Century 21 New Millennium

June Piper Brandon - Agent with Century 21 New Millennium

Comment balloon 1 commentJune Piper-Brandon • January 02 2019 06:04PM

Comments

Happy New Year to you!  Best wishes for a wonderful 2019.

 

Posted by Crystal Kilpatrick, CHLMS,CNE, CRS - Austin & Central Texas Home Sales (Team Leader -Crystal Kilpatrick Group) 5 months ago

This blog does not allow anonymous comments