Archive for Grant Programs
Federal Home Loan Bank (FHLB) is Back! $5,000 Forgivable Grant!
Federal Home Loan Bank of Atlanta first-time home buyer grant program is back! All buyers must contribute a minimum of $1,250 into buying their home, and those funds can actually be gifted as well. This grant is forgivable after 5 years. If a buyer sells the property prior to 5 years then the grant is […]
Maryland Grand Slam Program for Baltimore City!
Effective September 2, 2015, Maryland is offering four special incentives (hence the name Grand Slam) for borrowers who are purchasing a home in Baltimore City. The Maryland Grand Slam Program in Baltimore City is open for reservations until the allocated funds for the grants are expended. The remaining balance of these funds will be posted […]
Governor Larry Hogan Announces Maryland Grand Slam
$3 Million Allocated to Encourage Home Buyers in Baltimore City ANNAPOLIS, MD – Governor Larry Hogan today announced Maryland Grand Slam, a $2 million program to build stronger communities in Baltimore through homeownership. These funds will be maximized with an additional $1 million from the City of Baltimore following today’s approval by the city’s […]
Revised Income Guidelines Effective 5/1/14
Effective May 1, 2014, the new income guidelines for some grant programs (80% of median income) are; 1 = $44,750 2 = $51,150 3 = $57,550 4 = $63,900 5 = $69,050 6 = $74,150 7 = $79,250 8 = $84,350 1-8 represents household size.
Baltimore County “NCI” (Neighborhood Conservation Initiative Program) $20,000 Loan for Homebuyers Lenders List!
Here is the list of lenders for the Baltimore County “NCI” Neighborhood Conservation Initiative Program. This list is subject to change. Contact me for more details. 1st Mariner Hamilton Federal Bank The Columbia Bank PNC Mortgage Suntrust Mortgage Carrollton Mortgage Services dba Bay bank Chase
CityLIFT Program Provides Up To $15,000 For Down Payment Assistance!
The CityLIFT Program provides eligible homebuyers with up to $15,000 of down payment assistance on qualified properties. Assistance is not limited to first-time buyers. Household income must meet guidelines for all persons 18 and older living in the hold. Property qualified for the program must be: 1. Located within the City of Baltimore 2. The […]
HUD Income Guidelines for Baltimore County MALP and SELP, Baltimore City CDBG, and Federal Home Loan Bank’s FHP
Below is the new HUD income guidelines for Baltimore County MALP, SELP, Baltimore City CDBG, and Federal Home Loan Bank’s FHP effective July 13, 2011. 80% Income 1 Person $44,950 2 Person $51,400 3 Person $57,800 4 Person $64,200 5 Person $69,350 6 Person $74,500 7 Person $79,650 8 Person $84,750 Contact me for more […]
Spring Market Has Arrived!
Spring is here and the real estate market is beginning to heat up! Programs for first-time home buyers are in full bloom. I am beginning to see a few multiple offers on really nice houses. Here is a spring cleaning item you can do to get prepared. Get preapproved before you go house shopping. On […]
Federal Home Loan Bank (FHLBank) Funds are Available up to $7,500 Towards Down Payment and Closing Costs!
Starting yesterday January 2oth, Federal Home Loan Bank (FHLB) funds became available again. This first-time home buyer program (FHP) provides matching funds to qualified first-time home buyers. The FHP match contribution is 5-to-1. Specifically, for every $1 of contribution the home buyer provides; FHLBank will provide assistance, up to a maximum of $7,500. To receive the maximum contribution […]
Free Home Buyer Seminar at Na’Klectic Natural Hair Gallery and Spa Saturday September 11, 2010!
I will be conducting a free home buyer seminar on Saturday September 11, 2010, from 12-00pm- 2:00pm at Na’Klectic Natural Hair Gallery and Spa. The theme of the seminar is  “How to Buy A Home in the New Economy and Save Thousands of Dollars.” Some of the topics I will cover are 1. Understanding […]