The state of Maryland is literally giving away money to purchase a home. Some of the programs require you to contribute only $500.00 out of your pocket. Below is a brief synopsis of some of the programs.
Use the link below to Contact me today, to see which programs are available in your area.
Find out what's happening in Aberdeenfor free with the latest updates from Patch.
$8 Million Available in Down Payment and Closing Cost Assistance
My HOME and My HOME II Program
Find out what's happening in Aberdeenfor free with the latest updates from Patch.
The My HOME program offers $$$ incentives to buy a home in Prince George's County. Up to 5% of home sale price (through My HOME) or up to $20k (through My HOME II) to qualified homebuyers who have not owned a home within the last 3 years.
Up to $35,000 for Those who Work and Buy a Home in College Park
Homebuyers who buy their home and work in College Park may be eligible to receive up to $35,000 in closing cost and down payment assistance through the WORK & LIVE COLLEGE PARK program.
$2,000 Bowie Mortgage Assistance
Are you a police officer, teacher or Bowie City employee? Here's a great program which can give you a $2,000 grant when buying a primary residence in Bowie.
DEPUTY SHERIFFS, AND COUNTY AND MUNICIPAL POLICE OFFICERS SAVE
ON TRANSFER TAXES WHEN BUYING A NEW HOME
Police FIRST TIME Homebuyers - Eliminates the County transfer tax of 1.4% for Prince George's County Police Officers, Deputy Sheriffs, and municipal police Officers serving local communities in the County WHO ARE FIRST TIME HOMEBUYERS.
Maryland Veterans Homeownership Initiative for Prince George's County
Closing Costs plus Down Payment Incentives
This new program will provide up to all closing costs plus a 20% down payment in the form of a zero percent deferred loan to qualified Veterans
Down Payment Savings from FHLB Atlanta Bank:
Up to a $15,000 Savings for Homebuyers
Down payment and closing cost savings are available to homebuyers through two new programs. These programs are available through a number of local and national banks which are part of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) network. These two programs do NOT require you to be a first-time homebuyer.
American Dream Downpayment Initiative (ADDI) Program
for Prince George's County Homebuyers
The American Dream Downpayment Initiative ("ADDI") provides downpayment and closing cost assistance to families earning up to 80% of the area median income who are first-time homebuyers (or have not owned a home in the last 3 years) for the purchase of single-family housing that will serve as the family's principal residence. The ADDI program is a 5-year forgivable loan at 0% interest of up to $10,000 for downpayment and/or closing costs
Buy Suitland Initiative
The Buy Suitland Initiative will award 0% interest grants to households who have not owned a home within the last 3 years, and are buying a home as their principal residence, 35% of the purchase price of home or $40,000 whichever is greater, as needed.
- - - Maryland Mortgage Program Offers - - -
2.87% Special Interest Rates for Maryland Homebuyers
$30 Million Targeted Area Initiative
NOT Just for First-Time Homebuyers
Now until Allocated Funds Are Expended
This mortgage program offers the same reduced interest rates starting at 2.875% (APR 3.675%) and is available while funds last. Veterans, First-time homebuyers and current homeowners buying a new primary residence are eligible if they buy in a Targeted Area of Prince George's County or the State of Maryland.
Special Benefits for Military Personnel and Veterans Homebuyers
Maryland Homefront will benefit qualified current and former military members with a discounted mortgage interest rate and increased down payment assistance in the purchase of a home. Additionally, this program is a $50 million initiative offering half a percent rate discount off the regular MMP rate for loans
Tax Credits for Laurel Foreclosed Home Buyers
City of Laurel Tax Credit Program
The City of Laurel recently passed legislation adopting a tax credit program for purchasers of foreclosed homes within the City of Laurel, Maryland.
Now in effect, the legislation offers a five-year descending City tax credit of up to $3500 for buyers purchasing their primary residence within Laurel City limits. Under the program, eligible buyers will receive credit for 100% of their City property taxes up to $3500 for two years following purchase. In subsequent years, three to five, the credit will decrease to 75%, 50%, and 25% respectively.
USDA LOANS
USDA loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities.
Eligibility: Applicants for direct loans from HCFP must have very low or low incomes.
I am a real estate agent who helps buyers achieve home ownership through a variety of first time home buyer programs. I have programs for teachers, firefighters, policeman, nurses, medical certified, military personnel and all first time home buyers.
http://www.1sthousenetwork.com/first-time-home-buyer-down-payment-assistance.html
First Time Home Buyers can get into a home for as little as $500 DOWN!!!
Ask Me How!
http://www.1sthousenetwork.com/buy-a-home-with-500-down.html
"What is the process for buying a home?" This is a question I receive from First time Home Buyers. Here are the steps to buying a home:
http://www.1sthousenetwork.com/steps-to-buying-a-home-in-30-days.html
Think your credit is holding you back; I offer free credit repair assistance to homebuyers.
http://www.1sthousenetwork.com/free-credit-repair.html
Have you experienced a damaging credit event like a foreclosure, bankruptcy or short sale, find out if when you can qualify for a mortgage again below.
http://www.1sthousenetwork.com/when-can-you-buy-again.html
Tired of paying the high cost of renting?
http://www.pinterest.com/wesleyhoward/1st-time-home-buyer-programs/
Thinking of buying, selling, or building a new home?
Receive up to $20k in down payment assistance when you purchase, Contact me today
http://www.1sthomenetwork.com/contact/
Email: Wesley@1sthomenetwork.com
Website: http://www.1sthomenetwork.com
Homes near Metro - http://www.1sthousenetwork.com/md--dc-metro.html
Homes near Mall - http://www.1sthousenetwork.com/malls.html
Homes Near Marc Train - http://www.1sthousenetwork.com/marc-train.html
Homes Near Military Bases - http://www.1sthousenetwork.com/military-bases.html
Open houses - http://www.1sthousenetwork.com/open-houses.html
Rent to own - http://www.1sthousenetwork.com/rent-to-own.html
Need to Sell - http://www.sellhomenetwork.com/
Foreclosures - http://www.1sthousenetwork.com/bargain-homes.html
Available in Washington, DC
Home Purchase Assistance Program (HPAP)
The Home Purchase Assistance Program (HPAP) enables lower-and moderate-income individuals and families to purchase affordable housing in Washington, D.C. Qualified HPAP applicants can receive up to $44,000 in financial assistance to purchase single-family houses, condominiums and cooperative apartments. HPAP funds can be used for acquisition assistance and/or closing costs.
How much assistance is available?
The total amount of financial assistance for acquisition provided to very low-, low-, and moderate-income eligible households shall not exceed $40,000 based upon household income,