New Baltimore City Home Buying Grant Program
Only Available Until June 30, 2017
The Maryland Mortgage Program just announced ANOTHER amazing program offered this time to home buyers in Baltimore City! Read on for details....
- Fully forgivable GRANT monies of $7,500 that can be used for down payment and/or closing costs
- Income limits based on total household income. 1 to 2 person household income limit is $107,400 and 3 or more person household income limit is $125,300
- Program runs through May 1st to June 30, 2017 or until the money is gone
- Available for conventional or government loans, minimum credit score for conventional loans is 640, VA is 640 and FHA is 660
- This program can be combined with other City programs offered through the City of Baltimore, employers, builders, developers, non-profits, etc.
- All properties located in Baltimore City except for Maryland Department of Housing and Community Development REO properties
- Can be combined with the Maryland Tax Homecredit Program and CDA will waive the $450 CDA MCC fee
- Buyer does NOT have to be a first time home buyer, buyer must only occupy property as their primary residence and not own any other real estate at the time of closing
- Home buying counseling does NOT have to be taken prior to writing the contract of sale
If you are thinking of buying or selling an home in Maryland give us a call at 410-292-0100 or start your search here and we'll talk about the market conditions and what your home could possibly be worth in today's market place if you are thinking of selling. If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building alone is worth the plunge into todays market. Remax New Beginnings and I are connected with some of the brightest and best real estate agents in the world and can assist with your move here in Maryland or anywhere in the United States or abroad. Ask me how.
June Piper-Brandon ~ Associate Broker ~ CDPE, CIAS, ePro, MRP
Remax New Beginnings
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