Are you looking for a loan from a lender in Baltimore County? If so, you may be eligible for an incredibly low Annual Percentage Rate (APR) of 4.90% for the first five years, 5.25% for a 10-year period, or 5.50% APR* for a 15-year period. The Maryland Mortgage Program (MMP) offers these competitive rates to help homebuyers in Maryland achieve their dream of homeownership. MMP mortgage loans are 30-year fixed-rate loans that are available as government-insured or conventional loans. The 4% 1st Time Advantage loan includes a down payment assistance loan equivalent to 4% of the first mortgage, structured as a second lien with 0% deferred interest.
Homebuyer incentives and down payment assistance funds are available from Baltimore City, Baltimore County, Harford County, and all Maryland counties. If you are looking for an affordable loan in Baltimore County, you may be eligible for one of the many programs offered by the Maryland Mortgage Program. With an APR as low as 4.90% for the first five years and 5.25% or 5.50% for longer terms, you can find an option that fits your budget and needs. The Baltimore County Federal Employee Credit Union is not responsible for the information contained on this site.