In addition, disabled veterans that meet certain eligibility criteria may qualify for an even lower interest rate mortgage of 3%.Īll qualified borrowers under this initiative are eligible to receive $5,000 for down payment and closing cost assistance through the Maryland Mortgage Program’s Down Payment Assistance (DPA) Program plus any applicable Partner Match funds.įor more information, visit Maryland Homefront on the Maryland Mortgage Program’s website. To take advantage of this special rate, you need to apply before Friday, May 30, 2014. The Homefront Program is only available for a short time. This initiative is in appreciation of the contributions made by members of the United States Armed Forces and their families. The Veterans and Military Family Mortgage Program, ‘Maryland Homefront’, provides military veterans and active duty military with a special interest rate of 3.5% for a 30 year, fixed rate mortgage. The First Home Mortgage app allows all 3 parties (home buyer, loan officer, real estate agent) to track the progress of the home loan application process as the Home Buyer meets the milestones and conditions required to get final approval.The Maryland Department of Housing and Community Development is proud to offer this special program in honor of our veterans. If a home buyer is pre-qualified, they can print an official Pre-Approval letter to use when placing an offer on a house. The First Home Mortgage app connects Home Buyers & Realtors with Loan Officers to learn which home loan they can pre-qualify for when searching for a home to purchase. Common Mortgage Forms Available for Download Below is a list of the most common forms you may encounter when you apply for a mortgage. 08, 2017 (GLOBE NEWSWIRE) - Operation Homefront and Meritage Homes Corporation (NYSE:MTH) are joining forces to thank a Dallas-area veteran.
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