Odenton MD Financing Types

As you can imagine, home buyers in Odenton, MD, frequently take advantage of VA loans. I'm pretty sure that this is one of the few communities around where VA loans exceeded Conventional loans for home purchases in September, 2009.

Of course, Ft. Meade, home to the NSA is the cause of so many VA loans.

In September, 2009 though, FHA loans were at the top of the list with 10. This loan type is very attractive for first time home buyers since it only requires 3.5% of the purchase price as a down payment.

If you're looking for a home in Odenton, MD, I work with an outstanding lender who can secure the best financing to meet your needs.

If you're not already working with a Realtor® to find a home in Odenton, MD, I can help.

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Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

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3 Comments on Odenton, MD Real Estate - Where Are Buyers Getting Their Loans To Buy Odenton, MD Homes?

OCT
10
298,166 Points 4 Featured Posts

ToulaRosebrock,com

Hi Richard:

I would say in my area here in South NJ, it's either FHA or Conventional.

Rarely, do I get a VA loan buyer anymore.

7:10am • #1
305,445 Points 3 Featured Posts Hit Router

Very interesting statistics.  VA and FHA way over the conventional loans.  Thanks for the post.

10:18am • #2
332,015 Points 16 Featured Posts Localism Sponsor Outside Blog

Rich, I'm amazed at how the loan breakdown is so similar from sea to shining sea!
I always appreciate your insight!
Paul

6:10pm • #3

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Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate

Crofton, MD

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Long and Foster® Real Estate, Inc.

Address: 2191 Defense Highway, Suite 120, Crofton, MD, 21114

Office Phone: (410) 451-6255

Cell Phone: (443) 995-9595

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