This loan option has a minimum eligible credit score of 580 and does not require a down payment of more than 3.5%. The maximum loan amount is $970,800. Contact us for more details and program updates.
This program provides $10,000 for down-payment assistance for income-eligible, first-time homebuyers who must complete a homebuyer education course and have the home pass a certified inspection. The home must also be located in Takoma Park. Contact us for more details and program updates.
This program offers deferred interest, repayable loans that cover minimum down payment requirements and first trust mortgages when buying a home in the District. Qualified first-time and repeat homebuyers are eligible. Contact us for more details and program updates.
This program offers eligible District government employees a deferred, 0% interest loan up to $20,000 and a matching funds grant for down payment and closing costs to purchase their first single-family home, condominium or cooperative unit in the District. There is no income cap for applicants or a cash contribution requirement. The maximum purchase price of a property under EAHP is $765,600. Applicants must go through an approved community-based organization (CBO) to obtain a notice of eligibility. Contact us for more details and program updates.
This program provides eligible homebuyers in the District, Maryland and Virginia with a down-payment assistance grant of up to $10,000. Approved lenders must be FDIC insured banking institutions. Contact us for more details and program updates.
This program offers first-time homebuyers purchasing in the Gaithersburg city limits a down-payment assistance (DPA) loan of up to $25,000, which can be used toward closing costs. The minimum credit score is 620 and income restrictions apply. The assistance will come in the form of a 0% deferred interest loan. The loan process must be completed by an approved lender. Contact us for more details and program updates.
This mortgage program is aimed at lower-income buyers, with a qualifying income limited to 80% of the area median income. The down-payment requirement is as little as 3%, and mortgage insurance is lower than with other programs. Boarder income can also be used to qualify for this loan. Contact us for more details and program updates.
This mortgage program for first-time homebuyers does not include an income cap or require the home to be in a certain geographic location. First-time homebuyers are required to take a homebuying class, and standard mortgage insurance is required. Contact us for more details and program updates.
This mortgage program is similar to Home Possible, with a down payment as low as 3%. Income limits do apply and the home must be located in a certain county. Boarder income can also be applied on this loan. Contact us for more details and program updates.
A grant of $15,000 for down payment and/or closing costs assistance for first-time homebuyers in the City of Greenbelt, Maryland (zip code 20770). The grant is available to current renters in the city who are purchasing a home in the city. To be eligible, homebuyers must complete a homebuyer education course and meet certain income and credit score requirements. The grant can be used with any eligible mortgage loan, including FHA, VA, USDA, Fannie Mae, or Freddie Mac loans. The program is funded by the American Rescue Plan Act of 2021. The deadline to apply for the grant is March 31, 2024.