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ReporterNewFacilAbstrLetter03012008 DOC Fha Dhmh Maryland  Form

ReporterNewFacilAbstrLetter03012008 DOC Fha Dhmh Maryland Form

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hello Maryland residents and those of you who are thinking about moving to the state of Maryland I want to talk to you about getting an FHA loan in your state and what is required now when it comes to uh employment you do need to have a 2-year work history it is okay if you've had a gap in employment and it's okay if you've changed jobs recently a lot of lenders don't like that but it's a it's allowed that's that's okay if that's your situation you do need a 3 and 1 12% down down payment if your credit scores are 580 or higher if your credit scores are 500 to 579 it's a 10% down payment if you're close we may be able to work with you to help get your credit scores bumped up a little bit so that way you qualify for the smaller down payment now if you're struggling to come up with a down payment even 3 and a half% we do list a couple of down payment assistance programs that are available in Ma

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