Description

Approved for 1.5 elective CE (F) - Taught by LaToya Harris from Maryland Department of Housing and Community Development/CDA. What is the Maryland Mortgage Program? The Maryland Mortgage Program (MMP) provides 30-year fixed-rate home loans to eligible homebuyers purchasing in Maryland. Loan terms are competitive with other home loan products on the market, but what makes MMP unique is the range of associated financial incentives and other assistance that, for many homebuyers, means the difference between being able to purchase and continuing to rent. MMP down payment assistance can only be obtained with an MMP first mortgage; it is not a standalone option. This is a class at the BAAR office- 1712 Main Street, Suite 100, Chester, MD 21619.