$7,500 Grant Available for First Time Home Buyers throughout Maryland! Act Now as Funds are Limited!

Published 12 September 11 12:03 PM | Matthew T. Smoot 

$7,500

FHLB Grant

Available Now for First Time Home Buyers

Receive up to $7,500 towards closing costs and Your down payment.

How it Works:

The purchaser contributes a minimum of $500 toward the purchase of his home.  FHLB will then match it up to 5 times.  To receive the full benefit of the $7,500 grant the purchaser must contribute $1,500, which can be used in the form of an earnest money deposit, appraisal, home inspection, etc.

Eligibility Requirements:

-Must be a First Time Home Buyer (cannot have owned a home within the past three years)

-Must be at or below 80% of the area median income  you are purchasing in (this is adjusted per family size)

-Must Contribute at least $500

-Must Complete Simple Home Buyer Counseling

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 *Funds are Limited and Granted on a First Come, First Served Basis*

Dont Delay!  Contact Matthew T. Smoot now and Get Enrolled! 443-504-8930

*Other Programs also Available...Just Ask*

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