PROGRAMS AVAILABLE

PROGRAMS AVAILABLE

With this Down Payment Resource List,  you’ll learn about: 

  • The total number of homebuyer programs available to you 
  • The name of each program 
  • The amount of down payment assistance available
  • How to use this information to your benefit when shopping for a home
  • Your agent will recommend the next steps to apply for the program

With this Down Payment Resource List,  you’ll learn about: 

  • The total number of homebuyer programs available to you 
  • The name of each program 
  • The amount of down payment assistance available
  • How to use this information to your benefit when shopping for a home
  • Your agent will recommend the next steps to apply for the program

RESOURCE LIST FOR MD HOMEBUYERS

RESOURCE LIST FOR MD HOMEBUYERS

Did you know that there are millions of dollars available across the state of Maryland through homebuyer programs? These homebuyer assistance programs include:  Down payment and closing costs assistance, affordable first mortgages, rehab loans, and first time homebuyer down payment assistance plus many others. Your Maxus Real Estate Agent is trained to match your case to any programs that you may qualify for. . .

Did you know that there are millions of dollars available across the state of Maryland through homebuyer programs? These homebuyer assistance programs include:  Down payment and closing costs assistance, affordable first mortgages, rehab loans, and first time homebuyer down payment assistance plus many others. Your Maxus Real Estate Agent is trained to match your case to any programs that you may qualify for. . .

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DOWNPAYMENT

DOWNPAYMENT

"HOMEOWNERSHIP MAY BE CLOSER THAN YOU THINK.."

"HOMEOWNERSHIP MAY BE CLOSER THAN YOU THINK.."

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design: Convertri/realestate 

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GAITHERSBURG HOMEBUYER ASSISTANCE LOAN PROGRAM

GAITHERSBURG HOMEBUYER ASSISTANCE LOAN PROGRAM

PURPOSE:  

Downpayment and closing costs 

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$15,000

BENEFITS:  

Deferred, zero- interest loan

PURPOSE:  

Downpayment and closing costs 

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$15,000

BENEFITS:  

Deferred, zero- interest loan

MD DEPT. OF HOUSING and COMMUNITY DEVELOPMENT  BUILDER/ DEVELOPER INCENTIVE PROGRAM

MD DEPT. OF HOUSING and COMMUNITY DEVELOPMENT  BUILDER/ DEVELOPER INCENTIVE PROGRAM

PURPOSE:  

Down payment assistance 

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$2,500

BENEFITS:  

Up to $2,500 in assistance by the MDHCD to match builder/developer contribution

PURPOSE:  

Down payment assistance 

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$2,500

BENEFITS:  

Up to $2,500 in assistance by the MDHCD to match builder/developer contribution

MD DEPT. OF HOUSING AND COMMUNITY DEVELOPMENT -- BUILDER/DEVELOPER INCENTIVE PROGRAM – TARGETED TARGETED AREAS PROGRAMS ARE LIMITED TO NARROWLY DEFINED AREAS

MD DEPT. OF HOUSING AND COMMUNITY DEVELOPMENT -- BUILDER/DEVELOPER INCENTIVE PROGRAM – TARGETED TARGETED AREAS PROGRAMS ARE LIMITED TO NARROWLY DEFINED AREAS

PURPOSE:  

Down payment and closing costs 

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$2,500

BENEFITS:  

 0% interest deferred loan

PURPOSE:  

Down payment and closing costs 

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$2,500

BENEFITS:  

 0% interest deferred loan

MD DEPT. OF HOUSING AND COMMUNITY DEVELOPMENT -- COMMUNITY PARTNER INCENTIVE PROGRAM

MD DEPT. OF HOUSING AND COMMUNITY DEVELOPMENT -- COMMUNITY PARTNER INCENTIVE PROGRAM

PURPOSE:  

Down payment and closing assistance Maximum Assistance of Loan 

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$2,500

BENEFITS:  

 Up to $2,500 in assistance for buyers

PURPOSE:  

Down payment and closing assistance Maximum Assistance of Loan 

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$2,500

BENEFITS:  

 Up to $2,500 in assistance for buyers

MD DEPT OF HOUSING AND COMMUNITY DEVELOPMENT -- DOWN PAYMENT ASSISTANCE PROGRAM (DPA)

MD DEPT OF HOUSING AND COMMUNITY DEVELOPMENT -- DOWN PAYMENT ASSISTANCE PROGRAM (DPA)

PURPOSE:  

Down payment and closing costs

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$5,000

BENEFITS:  

 Up to $5,000 in assistance as a deferred loan

PURPOSE:  

Down payment and closing costs

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$5,000

BENEFITS:  

 Up to $5,000 in assistance as a deferred loan

MD DEPT. OF HOUSING AND COMMUNITY DEVELOPMENT -- HOUSE KEYS 4 EMPLOYEES PROGRAM (HK4E)

MD DEPT. OF HOUSING AND COMMUNITY DEVELOPMENT -- HOUSE KEYS 4 EMPLOYEES PROGRAM (HK4E)

PURPOSE:  

Down payment and closing assistance

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$2,500

BENEFITS:  

 The employer’s contribution may also be combined with assistance from local jurisdictions, unions and/or nonprofit agencies; however, the House Keys 4 Employees match to the combined contributions will not exceed $2,500

PURPOSE:  

Down payment and closing assistance

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$2,500

BENEFITS:  

 The employer’s contribution may also be combined with assistance from local jurisdictions, unions and/or nonprofit agencies; however, the House Keys 4 Employees match to the combined contributions will not exceed $2,500

MD DEPT. OF HOUSING AND COMMUNITY DEVELOPMENT -- MARYLAND MORTGAGE PROGRAM CDA LOAN

MD DEPT. OF HOUSING AND COMMUNITY DEVELOPMENT -- MARYLAND MORTGAGE PROGRAM CDA LOAN

PURPOSE:  

Home Purchase

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

N/A

BENEFITS:  

 CDA Single Family Housing provides homebuyer assistance programs by offering mortgage loans and down payment and closing cost assistance to eligible homebuyers with low-to moderateincome, programs to rehabilitate single family rental housing to improve basic livability, including for persons with special needs.

PURPOSE:  

Home Purchase

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

N/A

BENEFITS:  

 CDA Single Family Housing provides homebuyer assistance programs by offering mortgage loans and down payment and closing cost assistance to eligible homebuyers with low-to moderateincome, programs to rehabilitate single family rental housing to improve basic livability, including for persons with special needs.

MD DEPT OF HOUSING AND COMMUNITY DEVELOPMENT -- SMART KEYS 4 EMPLOYEES

MD DEPT OF HOUSING AND COMMUNITY DEVELOPMENT -- SMART KEYS 4 EMPLOYEES

PURPOSE:  

Down payment and closing assistance

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$1,000

BENEFITS:  

 Smart Keys 4 Employees is a is a special enhancement to House Keys 4 Employees and the Maryland Mortgage Program that may be used for either downpayment or closing cost assistance. All home purchases in Maryland are eligible provided that an employer is contributing toward the purchase and that the borrower is financing with a loan through the Maryland Mortgage Program (MMP)

PURPOSE:  

Down payment and closing assistance

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$1,000

BENEFITS:  

 Smart Keys 4 Employees is a is a special enhancement to House Keys 4 Employees and the Maryland Mortgage Program that may be used for either downpayment or closing cost assistance. All home purchases in Maryland are eligible provided that an employer is contributing toward the purchase and that the borrower is financing with a loan through the Maryland Mortgage Program (MMP)

MD DEPT OF HOUSING AND COMMUNITY DEVELOPMENT - BASE REALIGNMENT AND CLOSURE (BRAC)

MD DEPT OF HOUSING AND COMMUNITY DEVELOPMENT - BASE REALIGNMENT AND CLOSURE (BRAC)

PURPOSE:  

Home Purchase

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$2,500

BENEFITS:  

 The BRAC Match Program enables eligible homebuyers who are using a Maryland Mortgage Program loan to purchase a home to receive an additional $2,500 for down payment and/or closing cost assistance.

PURPOSE:  

Home Purchase

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$2,500

BENEFITS:  

 The BRAC Match Program enables eligible homebuyers who are using a Maryland Mortgage Program loan to purchase a home to receive an additional $2,500 for down payment and/or closing cost assistance.

MD DEPT OF HOUSING AND COMMUNITY DEVELOPMENT MARYLAND HOMECREDIT PROGRAM (MCC)

MD DEPT OF HOUSING AND COMMUNITY DEVELOPMENT MARYLAND HOMECREDIT PROGRAM (MCC)

PURPOSE:  

Increases a borrower’s disposable income by reducing their federal income tax obligation.

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

N/A

BENEFITS:  

 This tax savings provides a borrower with more available income to qualify for a home loan and meet mortgage payments

PURPOSE:  

Increases a borrower’s disposable income by reducing their federal income tax obligation.

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

N/A

BENEFITS:  

 This tax savings provides a borrower with more available income to qualify for a home loan and meet mortgage payments

MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION (HOC) MORTGAGE PURCHASE PROGRAM (MPP) - CONVENTIONAL OPTION 1 (WITHOUT DPA)

MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION (HOC) MORTGAGE PURCHASE PROGRAM (MPP) - CONVENTIONAL OPTION 1 (WITHOUT DPA)

PURPOSE:  

Provides affordable first mortgage

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

N/A

BENEFITS:  

 Financing up to 97% with Minimum of borrower contribution available on a 30-year Fixed rate mortgage with no points

PURPOSE:  

Provides affordable first mortgage

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

N/A

BENEFITS:  

 Financing up to 97% with Minimum of borrower contribution available on a 30-year Fixed rate mortgage with no points

MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION (HOC) MORTGAGE PURCHASE PROGRAM (MPP) - CONVENTIONAL OPTION 2 (WITH DPA)

MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION (HOC) MORTGAGE PURCHASE PROGRAM (MPP) - CONVENTIONAL OPTION 2 (WITH DPA)

PURPOSE:  

Provides first mortgage and assistance for down payment and closing costs.

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

N/A

BENEFITS:  

 Assistance with purchase of home including down payment and closing costs/can be combined with County closing cost program

PURPOSE:  

Provides first mortgage and assistance for down payment and closing costs.

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

N/A

BENEFITS:  

 Assistance with purchase of home including down payment and closing costs/can be combined with County closing cost program

MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION (HOC) MORTGAGE PURCHASE PROGRAM (MPP) - FHA OPTION 1 (WITHOUT DPA)

MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION (HOC) MORTGAGE PURCHASE PROGRAM (MPP) - FHA OPTION 1 (WITHOUT DPA)

PURPOSE:  

Provides affordable first mortgage

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

N/A

BENEFITS:  

 Assistance with purchase of home for FIRST TIME HOME BUYERS (FHA OPTION)

PURPOSE:  

Provides affordable first mortgage

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

N/A

BENEFITS:  

 Assistance with purchase of home for FIRST TIME HOME BUYERS (FHA OPTION)

MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION (HOC) REVOLVING CLOSING COST ASSISTANCE LOAN PROGRAM (RCCAP) "5 FOR 5"

MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION (HOC) REVOLVING CLOSING COST ASSISTANCE LOAN PROGRAM (RCCAP) "5 FOR 5"

PURPOSE:  

Provides assistance for down payment and closing costs.

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$10,000

BENEFITS:  

 HOC offers downpayment and/or closing cost assistance which can be combined with the HOC first mortgage in the MPP

PURPOSE:  

Provides assistance for down payment and closing costs.

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$10,000

BENEFITS:  

 HOC offers downpayment and/or closing cost assistance which can be combined with the HOC first mortgage in the MPP

FREDERICK COUNTY HOMEBUYER ASSISTANCE PROGRAM (HAP)

FREDERICK COUNTY HOMEBUYER ASSISTANCE PROGRAM (HAP)

PURPOSE:  

Closing Costs Assistance

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$7,000

BENEFITS:  

 Helps local families with limited resources obtain their first home, by providing up to $7,000 in closing cost assistance.

PURPOSE:  

Closing Costs Assistance

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$7,000

BENEFITS:  

 Helps local families with limited resources obtain their first home, by providing up to $7,000 in closing cost assistance.

MMP DOUBLE PLAY IN PRINCE GEORGE'S COUNTY

MMP DOUBLE PLAY IN PRINCE GEORGE'S COUNTY

PURPOSE:  

To help Maryland homebuyers purchase a home in Prince George’s County by offering a lower-than-market interest rate on first mortgage and downpayment assistance.

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$10,000

BENEFITS:  

 The MMP DoublePlay Program provides homebuyers in Prince George's County with a discounted interest rate (a 0.25% reduction) and a fee reduction on a Maryland HomeCredit, saving you hundreds of dollars at the time of purchase, and thousands over the life of the loan.

PURPOSE:  

To help Maryland homebuyers purchase a home in Prince George’s County by offering a lower-than-market interest rate on first mortgage and downpayment assistance.

MAXIMUM ASSISTANCE OF LOAN PROGRAM:  

$10,000

BENEFITS:  

 The MMP DoublePlay Program provides homebuyers in Prince George's County with a discounted interest rate (a 0.25% reduction) and a fee reduction on a Maryland HomeCredit, saving you hundreds of dollars at the time of purchase, and thousands over the life of the loan.

We offer Home Buying Services to families in Montgomery County, Frederick County, PG County, Washington DC and Northern Virginia 

We offer Home Buying Services to families in Montgomery County, Frederick County, PG County, Washington DC and Northern Virginia 

Our agents work here, live here and have children attending local schools. 

Our agents belong to their local PTA's 

Our agents know the next big project being built that will affect real estate prices 

Our agents know about local "Government Incentives" to help home-buyers 

Our agents know exactly where are the over-priced houses in our neighborhoods 

Our agents know a good deal when they see it 

Our agents know how to negotiate to maximize your buying power 

Our agents know what house is going to be foreclosed soon in the neighborhood 

Our agents are real people just like you, with a desire to help guide you trough your choices and making sure your family is safe and secure. 

Your agent will recommend the next steps to apply for any of these programs

Our agents work here, live here and have children attending local schools. 

Our agents belong to their local PTA's 

Our agents know the next big project being built that will affect real estate prices 

Our agents know about local "Government Incentives" to help home-buyers 

Our agents know exactly where are the over-priced houses in our neighborhoods 

Our agents know a good deal when they see it 

Our agents know how to negotiate to maximize your buying power 

Our agents know what house is going to be foreclosed soon in the neighborhood 

Our agents are real people just like you, with a desire to help guide you trough your choices and making sure your family is safe and secure. 

Your agent will recommend the next steps to apply for any of these programs

Just know that we are members for the same community you want to live in. . 

Just know that we are members for the same community you want to live in. . 

Work with one of our buyers agents to find: 

Work with one of our buyers agents to find: 

The total number of homebuyer programs available to you 

The name of each program 

The amount of down payment assistance available 

How we can leverage your financial condition to obtain help for you 

Your next step could save you thousands of dollars !!!!

The total number of homebuyer programs available to you 

The name of each program 

The amount of down payment assistance available 

How we can leverage your financial condition to obtain help for you 

Your next step could save you thousands of dollars !!!!

CALL US

CALL US

Telf: 301-246-0001

Telf: 301-246-0001

EMAIL US

EMAIL US

Fernando@Herboso.com

Fernando@Herboso.com