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Loan options for purchase price of 610k in howard county, md

Profile picture for vish3
I need a couple of questions answered here. Appreciate if anybody can help:

I want to see if there are any loans out there for a purchase price of 610k (or 620k) where the loan amount goes beyond 560K. (FHA limit for baltimore suburbs for single family).

Secondly, what are the current interest rates going on out there if I use a 80-10-10 loan for the purchase price of 610k (or 620k)

Thanks in advance


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February 12 - US
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Answers (5)

Profile picture for ReemaSharma
Make visits to local mortgage brokers to see the best available option
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February 14
Profile picture for Anna Montgomery
You could do the FHA loan to $560,000 putting almost 9% down...I'm seeing 3.750 giving you a leader credit of $5500...where in Howard Co are you buying..I'm in Ellicott City...Howard Co is a Great area!!
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February 14
Profile picture for Steve Greene
As it turns out, the "80/10/10" is still around, but not widely available. While I am trying to avoid self-promotion, I should tell you that I can provide some information should you wish to learn more. 
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February 13
Profile picture for Georgia Loans
http://www.zillow.com/advice-thread/What-is-the-least-downpayment-loan-option-for-over-600K-loan-in-howard-county/425369/

vish, I think we already discussed....:)
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February 12
Profile picture for Georgia Loans
I have a third option if you have a Fico score of 750 or higher. If interested you can click on my picture, my email address is next to NOTE.
 
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February 12
 

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