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Calvert County Maryland - USDA Rural Development Home Mortgage Loan - No Money Down
Calvert County Maryland - USDA Rural Development Home Mortgage Loan - No Money Down
If you have been thinking about buying a house in Calvert County Maryland there is no better time to do so.  Low home prices and new funding availability from the USDA Rural Development Loan Program means you can buy a house at a great price with No Money Down, Unlimited Seller Paid Closing Cost Help, and No Monthly Mortgage Insurance Premiums. 
Normally not having much cash to close on a house is a problem but not in Calvert County.  Whether you are considering buying a property in Barslow, Dunkirk, Huntingtown, Long Beach, Lusby, North Beach, Prince Frederick, St. Leonard or anywhere for that matter in Calvert County home buyers can obtain a traditional 30 year fixed rate mortgage with flexible underwriting requirements requiring only a minimum credit score of 620. 
There are a few restrictions required when financing a purchase transaction with the Calvert County USDA Rural Development Loan program.  The property being purchased can't include an in-ground swimming pool and the value of the land can't exceed 30% of the appraised value.  Also USDA guidelines require that the homebuyers household income can't exceed $92,600 for a family size up to four ... more

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