Maryland Mortgage Program Rates 5-11-2020

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Maryland Mortgage Program Rates - MMP rates

Maryland Mortgage Program Rates Today

The Maryland Mortgage Program works with a statewide network of approved lenders and mortgage lending organizations that can assist you choose the best home loan.

As of 05/11/2020- These are the current Maryland Mortgage Program rates.

MMP 1st TIME ADVANTAGE | Must be a FIRST-TIME homebuyer.

MMP 1st Time Advantage Direct 5-11-2020

(No MMP DPA)
FNMA Conv 3.250%
FHLMC Conv3.250%
Government 2.875%
FHA Credit 640 2.875%

MMP 1st Time Advantage 5000 5-11-2020

(Comes with a $5,000 DPA Loan/May utilize Partner Match if applicable)
FNMA Conv 3.750%
FHLMC Conv3.750%
Government 3.625%
FHA Credit 640 3.625%

MMP 1st Time Advantage 3% Loan 5-11-2020

(Comes with a DPA loan equal to 3% of the 1st mortgage)
FNMA Conv 3.750%
FHLMC Conv3.750%
Government 3.625%
FHA Credit 640 3.625%
Maryland Mortgage Program Rates

MMP FLEX | Can be a REPEAT or FIRST-TIME homebuyer.

MMP Flex Direct 5-11-2020

(NO MMP DPA)
FNMA Conv 3.375%
FHLMC Conv3.375%
Government 3.000%
FHA Credit 640 3.000%

MMP Flex 5000 5-11-2020

(Comes with a $5,000 DPA Loan/ May utilize Partner Match if applicable)
FNMA Conv 3.875%
FHLMC Conv3.875%
Government 3.750%
FHA Credit 640 3.750%

MMP Flex 3% Loan 5-11-2020

(Comes with a DPA loan equal to 3% of the 1st mortgage)
FNMA Conv 3.875%
FHLMC Conv3.875%
Government 3.750%
FHA Credit 640 3.750%

MMP Flex 3% Grant 5-11-2020

(Comes with a DPA grant equal to 3% of the 1st mortgage)
FNMA Conv 4.500%
FHLMC Conv4.500%
Government 4.125%
FHA Credit 640 4.125%

MMP Flex 4% Grant 5-11-2020

(Comes with a DPA grant equal to 4% of the 1st mortgage)
FNMA Conv 5.000%
FHLMC Conv5.000%
Government 4.625%
FHA Credit 640 4.625%

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About Dana Ash-McGinty 211 Articles
Dana Ash-McGinty is the Principal Broker of ASH | MCGINTY, a Washington, DC Real Estate Brokerage. This real estate maven has 15+ years experience in residential, commercial and land sales in addition to multi-state residential renovation, re-zoning, and condo conversion projects. A sought after real estate authority, she has been featured on CNN and in various real estate and financial publications. Dana is married to the highly esteemed Dr. Dana W. McGinty, a Washington, DC based internal medicine physician. They are often referred to as "The Danas".

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