mdrealestateblog.com

Anne Arundel County MD - Types of financing for homes sold in December 2009

Anne Arundel County Maryland

In December, 2009, Anne Arundel County Maryland continued to see more FHA loans being processed than conventional loans. The FHA has recently increased the upfront MIP required to 2.25%. This amount is built into the loan amount and paid off over the life of the loan.

Interest rates are still excellent for most borrowers with decent credit. Speak to your loan officer regarding rates, and the best type of loan for your individual circumstances.

Anne Arundel County MD Loan Types

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

©2009 - RichSellsHomes, All Rights Reserved

 

FacebookTwitterLinked InGoogle

QR Code

 Rich Iarossi is a full time licensed REALTOR®, working in Crofton, MD. My coverage areas are: Anne Arundel, Prince George’s, Howard, Calvert, Queen Anne, and Baltimore City and County. I specialize in residential real estate, working with both buyers and sellers. Use the registration free search on my website at www.RichSellsHomes.com. If you’re not already working with a REALTOR®...I can help. Call me at 443-995-9595 (Cell) or 410-451-6255 (Office).

SKYPE ME: RichSellsHomes

 
©2011 - RichSellsHomes.com - All Rights Reserved
 
All information is deemed reliable but should be independently verified. Property information is subject to change without notice.

 

Comments

Just a short while ago this was not the case, but now FHA is the mortgage of choice for many.

Posted by Jennifer Fivelsdal Rhinebeck Real Estate (Serving Dutchess| Columbia|Ulster Ctys (LIC. R.E. Broker JFIVE Home Realty LLC ) over 2 years ago

This blog does not allow anonymous comments