No Money Down Purchase Mortgage Available, no down payment home loan Maryland

Purchase With
No Money Down

Consolidated Mortgage Corp. (CMC) did not renew it's mortgage lenders license and has closed it's offices. Products listed are usually no longer available.

For Properties In States Other Than Maryland, please go to LowRateMortgages.com home page!

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CMC is now operating as an advertising service/ lead generator.

On Line Pre-Qualification

NO LONGER AVAILABLE

103% Financing to $325,000 !!!
(100% to $400,000)
One Loan...Low, Low Rates
Includes 3% of Sales Price Financed
For Closing And/ Or Prepaids

Our 103% program is a purchase money only program that allows the borrower to finance 103% of the lesser of the purchase price or appraised value. Qualifying ratios are 45%/45%
(50% on exception) . This requires a minimum middle credit score of 710, it is only for borrowers with established, excellent credit.

No Income Limits !!!

Owner Occupied Only...SFD, PUDs, or Townhomes Condos

Seller concessions of 3% allowed

Gift Funds Allowed

NO MORTGAGE INSURANCE NEEDED!

Other Guidelines Apply And Are Subject To Change, Call For Current Rates and Details...

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