Details
Homebuyers may use additional incentives totaling more than $2,500; Maryland will not match funds greater than $2,500. |
The maximum eligible income for a household of 1 or 2 persons is $107,160 |
The maximum eligible income for a household of 3 or more persons is $125,020 |
| Homebuyer must earn their Homeownership Counseling Certificate from a City-approved counseling agency before writing a sales contract. |
| The home must be the homebuyer’s primary residence. |
| Mortgage loan cannot exceed $525,901. |
| Incentive may be used toward downpayment and closing costs. |
| This is a 0% interest deferred loan (You must repay this loan when you refinance your mortgage, transfer ownership, or sell the home). |
| Homebuyer may not own any other properties, including investment properties, at time of settlement. |
| This incentive may be used in addition to other incentives. |
| Homebuyer must use a Community Development Administration (CDA) mortgage loan. |
| Homebuyer must use an approved lender. |
For More Information
Contact Nakia Evans,
or:
Maryland Department of Housing and Community Development (410) 514-7530
courtesy of:
Nakia Evans,
REALTOR (R), Licensed in MD
Cell: 443.864.1358
My goal is always to provide consistent, reliable and professional service. As a Realtor for 12+ years, I pride myself in exceptional Customer Service. My background is in Residential Real Estate & Leasing, Commercial Property Management, Investment Properties, Real Estate Sales Office Management and Direct Sales. My hobbies and interests include Social Networking, Entrepreneurship, Public Speaking, Event Planning, Marketing, and Team Building. I specialize in finding Home Buying Incentive programs for my clients; and I would love to help you find your new home or investment property!
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