2407 Mcelderry St, Baltimore, MD 21205

$15K in downpayment assistance available! Below market interest rate available! Owner Occupants only here is one of the best values in town!n2407 McElderry is part of a non-profit Affordable Homeownership Program offering up to $15,000 in downpayment and closing cost assistance plus access to a special mortgage loan at 1% below market interest rate.nnLight-filled and charming, this 3BR, 1.5BA home boasts an open main level floor plan, a spacious kitchen with all-new stainless-steel appliances, a main level half bath, 3 bedrooms upstairs with a full bath, and an unfinished basement plus updated interior plumbing, electrical, heating and cooling systems.nPlease note that income restrictions apply (please call agent to learn more). Must be owner occupied.nnThis 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).