USDA Loans Aren't Just for Buying Farms
USDA home loans aren’t just for buying farms or rural properties. In Maryland, there are whole areas like the eastern shore (minus Salisbury and Ocean City) that qualify for USDA loans.
Areas like New Market, Mount Airy, Point of Rocks, Damascus, Chesapeake Beach, LaPlata, Leonardtown, Hollywood, Westminster, and Taneytown just to name a few are eligible areas for this loan product. There are also pockets of Anne Arundel County and Baltimore County that qualify for USDA loans too.
USDA loans are 100% loan to value and allow a homebuyer to purchase a home for no downpayment.
Are you thinking about buying a home that may be in a suburban area in Maryland and would like to take advantage of this program? Ask me for a referral to a participating lender and we can start looking for a qualifying home for you.