State of Maryland Mortgage Programs and Homeownership Incentive Programs
Homeownership for Individuals with Disabilities Program
To be eligible, at least one borrower must have a disability or is the parent of a child with a disability; the family income is not more than $85,500; and the sale price is not more than $300,000. The mortgage program offers a 3% to 5% interest rate loan for income eligible buyers. Citysettlement funds are part of the program. The minimum cash requirement is approximately $900. For more program details, please visit the State's Website. For Baltimore City, contact Daibeth Sanders at 410-396-4159, Daibeth.Sanders@baltimorecity.gov
Tenant Conversion Mortgage Program
Tenants buying the home they are currently renting may be eligible for the Tenant Conversion Program. Some City funds may be available for help with settlement costs. The minimum cash requirement is $1000. If interested contact: Daibeth Sanders at 410-396-4159, Daibeth.Sanders@baltimorecity.gov
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