Ramblings of a Baltimore area Realtor: State of Maryland Mortgage Programs and Homeownership Incentives

State of Maryland Mortgage Programs and Homeownership Incentives

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

City Living Expert

 

 

 

 

 

 

June Piper Brandon - Agent with Century 21 New Millennium

June Piper Brandon - Agent with Century 21 New Millennium

Comment balloon 0 commentsJune Piper-Brandon • March 27 2016 05:27PM

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