Now Is the Time To Buy! - Buyer Down Payment Assistance Ending

Dear Potential Buyers,

Now is the time to buy at little or no cost to you! Nehemiah (a non profit org.) provides down payment assistance using sellers' money. This program ends Oct. 1, 2008. This program gives buyers the ability to buy a house with little or no money. This program has helped many buy homes!

After Nehemiah is no longer available, FHA loans will be more demanding and require ~620 credit scores. Buyers will also need 2 3/4% down payment and 3 1/2 % cash. Mortgage Insurance Premiums, designed to protect banks, will be be based on risk.

If you are looking to buy now and would like to learn more about your loan options, please call Frank Gilmartin with First Home Mortgage at 410.808.5551. If you would like to learn more about the homes that are for sale in the Harford and Baltimore County areas, please call Linda Greco at 410.877.4804.