Freddie Mac Deploys New Mortgage Option Perfect for First Time Homebuyers

Wednesday, December 10, 2014

Freddie Mac has launched a new mortgage option that allows homeowners with limited savings, and particularly first-time homebuyers, the opportunity to finance a home with as little as a 3% down payment. This new product is designed for people with lower incomes and less savings, perfect for young families or professionals just starting out and interested in taking that first step to a new home. Information on the new program can be found at

St. Charles, always a leader in value for quality new homes, has beautifully designed townhome and single family homes from national builders Lennar and Ryan Homes ready for quick delivery and at price points designed to be highly competitive compared to other suburban Washington, DC communities. Families moving into these homes will be able to send their children to walkable neighborhood schools as well as the newest, most intriguing high school to open in Southern Maryland, St. Charles High School.  In the spring, moving boxes will be long gone as you head to the local ballpark to watch the Blue Crabs on Opening Day and join us at O’Donnell Lake to kick off the spring Sunset Concert Festival season.

At St. Charles, we believe in putting dreams within reach. Our master planned community surrounds you with neighborhood centers with pools and playgrounds, excellent schools, convenient shopping and restaurants and abundant recreational resources – all just 11 miles south of the Capital Beltway. With a dozen different single family home models to choose from and 10 different townhome models, the selection has never been better. Visit our new home page at and discover how easy it can be to own your own piece of the homeownership dream.