Monday, November 16, 2015

First Time Homebuyers Programs

First Time Homebuyers Programs

There are so many programs available for First Time Home to assist with down payments and closing Cost. 

To Buy or Sell Call Keji @ 301-613-2043

Here are some available Home Loan Assistance Program



Community Development Administration (CDA)
Maryland Mortgage Programs  provides home buyer assistance programs by offering down payment and closing cost assistance of up to $5,000 to eligible home buyers.   Find out More

Mortgage Credit Certificate, or “HomeCredit”       
Allows a Maryland homeowner to claim an annual federal tax credit equivalent to 25% of their mortgage interest payments in a given tax year. Receive a check of up to $2,000 per year for the life of the loan. A Maryland Home Credit can potentially save a home buyer tens of thousands of dollars over the life of a loan, and makes owning a home more affordable.  


HOC – Housing Opportunities Commission
This program provides 5% of the sales price up to $10,000 as a second mortgage which can be used for down payment and/or closing costs.


3% Down Payment with Financed Mortgage Insurance
Down payment of only 3%. Choice of monthly MI or Financed into loan.



Maryland Homefront    
Maryland Homefront provides military veterans and active duty military with a special interest rate discount of 0.25% for a 30-year, fixed rate mortgage, and Maryland HomeCredit, providing annual federal tax savings, free of all DHCD fees. This initiative is in appreciation of the contributions made by members of the United States armed services and their families.

National Home Buyers Fund
The NHF Platinum Program provides down payment assistance (up to 5% of the loan amount) in conjunction with the purchase of a primary residence in various states. Restrictions may apply.  Find out More

FHA, USDA & VA Loans
 More Loan options with FHA, USDA & VA Loans



Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in all parts of the metro area. We delight our clients by delivering  world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website . www.metrohomesrealty.com
                                                                            

No comments:

Post a Comment