3031 MCELDERRY ST Baltimore, MD 21205

$15K in downpayment assistance available! Below market interest rate available! Owner Occupants- this is the best deal in town! 3031 McElderry is part of a non-profit Affordable Homeownership Program that gives up to $15,000 in downpayment and closing cost assistance and offers a special mortgage loan at 1% below market interest rate.
Bright and beautiful, this 2BR, upper level bonus room, and 1.5BA home features an open main level floor plan, plenty of kitchen space with stainless appliances, a main level half bath, 2 bedrooms upstairs with an additional bonus room and a full bath, and an unfinished basement. All updated interior plumbing, electrical, heating and cooling! *Please note that income restrictions apply (please call agent to learn more). Must be owner occupied. This property qualifies for a Healthy Neighborhood Special Purchase Program Loan. The main benefits of the Special Purchase Loan include: 1% below the 60-day Fannie Mae rate (but in no event less than 4%), low down payment (just 3% of purchase price), no private mortgage insurance required, potential to pair with downpayment incentives (income limitations apply)”