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SunTrust Portfolio Affordable Mortgage
SunTrust Mortgage, Inc.
www.suntrust.com

Contact


Michelle Fields-Hall
SunTrust Mortgage, Inc. 1966 Greenspring Dr., #505
Timonium Maryland 21093
410-308-6681

Eric Davalos
SunTrust Mortgage 1111 Benfield Blvd., # 230
Millersville Maryland 21108
410-729-8850 ext. 21

Program Overview


SunTrust Portfolio Affordable Mortgage is a program to address the needs of low-to-moderate income individuals and families and/or promote investment in certain low-to-moderate income census tracts. Throughout Maryland


Property Eligibility Requirements




Benefit Details


Maximum loan amount is $417,000; 3% downpayment is required, but the borrower only needs $500 of their own funds along with gifted funds from an eligible source.

Benefit: Mortgage insurance is not required on this loan. Only 3% down payment is required.
Loan Term:15 or 30 yrs. years
Homebuyer Counseling /
Education Required:
Yes
Owner Occupancy Required:Yes
Other Program Comments:Minor conditions which do not affect the liveability of the property do not have to be repaired.

Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on this site. Some inaccuracies may exist. For verification contact a certified REALTOR member or a participating Lender.



For more information about this and other homebuyer programs please contact one of the following:

Workforce Housing Certified REALTOR®

 

Find a participating Lender