More House For Less

A State Sponsored Mortgage Program for the Smart Homebuyer

Get with the program

The More House 4 Less Maryland Mortgage Program, that is. And buy EVEN more house 4 less with CDA.

CDA has added more loan products, offering a range of interest rates and loan terms giving its borrowers more flexibility. And, CDA has gone conventional. With private mortgage insurance now available, borrowers have more buying power.

Finance your home with our below market mortgage interest rates. CDA rates are fixed, so there'll be no surprises during the term of your loan.

CDA has flexible loans to fit your needs. There are a variety of factors to weigh when financing your new home-your cash flow, your monthly mortgage payment, how long you plan to live in the house. Call Stuart today to choose the loan that's right for you!

The home of your dreams

With a CDA mortgage loan, you can buy the home of your dreams. It takes all types, what's yours?

     ·         Existing homes; new construction (if in a Priority Funding Area *)

    ·         Townhouses; detached or semi-detached homes; condominium units;

           modular or manufactured homes with the State seal of approval for code compliance

     ·         Investment property not eligible

     ·         Home must be occupied as principal residence

                                   Government Mortgage Insurer/Guarantor:

·         Federal Housing Administration (FHA) insurance

·         Veterans Administration (VA)

·         Rural Housing Services (RHS) guaranty

·         Maryland Housing Fund  

Get Assistance

The costs of downpayment and settlement can overwhelm first-time homebuyers and is listed as the #1 barrier to homeownership. That's why CDA has added more assistance programs for closing costs. In addition to the zero-percent deferred $5,000 DSELP loan, employers are joining CDA's newest homeownership initiative, House Keys 4 Employees, an employer partnership program, to help Maryland's workforce become homeowners through a creative match program with the State of Maryland. And, through its new MMP Plus loan product, borrowers can receive a 2% or 3% closing cost grant.