Disabled Maryland Veterans Mortgage Program 3% Fixed Rate Plus $5000 Down Payment Help

Disabled Maryland Veterans Mortgage Program

PURPOSE: To help disabled military veteran home buyers to purchase a home by offering a lower- than-market interest rates.
If you are a disabled Veteran in the State of Maryland, you may qualify to receive special rates to purchase your new home. 
The interest rates are conventional and Government insured loans.The current rate offered at the time of this post is:
3% FIXED RATED!

ELIGIBLE MD HOME-FRONT DISABLED VETERAN BORROWERS:
The program is open to honorably discharged disabled veterans. Veteran status will be confirmed by submission of a Certificate of Release or Discharge From Active Duty form (DD-214). Qualification for a VA loan is not required. For purposes of this Program, a disabled veteran is defined as one with a 30% or greater disability.


PROPERTY LOCATION:
Anywhere in the State of Maryland


DOWN PAYMENT AND CLOSING COST ASSISTANCE:

PLUS $5,000 in Down Payment Assistance (DPA) from the Maryland Mortgage Program (MMP) in the form of a zero percent deferred loan. This can be combined with funds from applicable MMP Partner Match programs and available assistance from local jurisdictions


DURATION:

Starting 3/26/2014, the program will continue through 5/30/2014


WHAT SHOULD YOU DO?:

This is a limited program. .
Click on the link below to register and a professional loan officer will contact you immediately to help you apply for this great program