close
close
close
"DC Open Doors" pays your Down Payment for you on a home purchase in DC. The money does not have to be paid back. You must have:
  • Less than $125,580/year in income
  • Have fair to good credit (660+)
UrbanLand Company Agents have over $38 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
The Virginia Housing Development Authority (VHDA) pays your Down Payment when you meet certain criteria. The money does not have to be paid back. You must have:
  • Less than $97,520/year in income (1-2 person households)
  • Less than $113,840/year in income (3+ persons)
UrbanLand Company Agents have over $38 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
The Maryland Mortgage Program loans you up to $8,500 in Down Payment Assistance. There's additional incentives from specific Maryland employers + great student loan incentive programs.
  • Incomes lower than $88,400 for 1-2 person households are eligible
  • Incomes between $88,400 & $128,760 may be eligible, based on county
UrbanLand Company Agents have over $38 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
 

ULC Workshops

Free ‘$0 Down in DC / MD / VA’ Home Buying Workshops for May


30 year fixed rate mortgages have remained under 4% as we get deeper into the spring real estate market. The federal government has changed their plans to raise interest rates in 2016. This is a time when first time buyers can lock in low monthly payments for homes, condos, row homes, you name it. It’s also a time when you can expect homes to sell quickly with winning offers over the original listing prices.

Low interest rates like this create a very competitive real estate market. If you’re a 1st time home buyer, you have to have quality guidance on your side and have to be prepared to purchase.  This means understanding the real pathway to successful ownership, the real upfront costs to purchase, and what to expect from your real estate agent (you’ll need one!).

“In DC and Maryland, and now Northern Virginia again, the buying process is easier. You have the DC Open Doors $0 Down Program giving away 3.5% down payments through their $0 Down program and Maryland putting up easy down payment loans in every single county through the MMP Mortgage program,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “Northern Virginia recently re-introduced their $0 Down Grants program as well. There are a ton of options in your home buying arsenal.”

Tuesday-Workshop-Graphic Saturday-Workshop-Graphic

There’s no “trick” to using these financing programs to eliminate most of the hassle of your down payment or other costs in buying a home. Getting your down payment paid for or subsidized is great, but there’s always a downside and there is no free lunch. These programs all carry higher monthly payments than traditional mortgages due to additional processing fees, higher interest rates (sometimes) and the need for mortgage insurance.  “The downside is not much a downside currently. The lower swing in mortgage rates is eliminating some of the scare factor regarding monthly payment levels,” continued DiRuggiero.

UrbanLand Company offers twice weekly free Home Buyer Workshops for local home shoppers who want to understand and navigate the pathway to ownership in the DC/MD/ marketplace.  Tuesday nights at 5:30pm is our After-Work Edition Workshop, with a fast-format introduction to opportunities and challenges facing first time buyers shopping in the $250,000 – $500,000 price range. Saturday mornings at 10am is our popular $0 Down Home Buyer Workshop series. Location on both sessions weekly is 913 Florida Avenue, NW.

The UrbanLand Company Workshops group of agents have successfully sold over $19.3 million in DC area first time home buyer homes since 2014 alone. It’s over 73 condos, row homes, single family homes, turnkey renovations and fixer uppers ranging from the mid $100,000’s to the high $500,000’s. “Many come to us for our knowledge of the financing programs, and leave with an UrbanLand Company agent leading them through to a successful buy,” said Gerard. “We’re happy to help you with your purchase, whether you end up using low down payment programs or not.”

RSVP

To RSVP or confirm availability, email Info@UrbanLandCompany.com. If you would prefer a one-on-one session, we meet often privately on an individual basis! Just email us and ask the question!


Real Estate Workshops
tile-sat-workshops.pngSaturday DC/MD/VA $0 Down Homebuying + Top Neighborhood Values: $0 Down Programs in DC/MD, 3.5% Down + optimizing your monthly payment. 

Sat. 4/30 10-11:30am | 913 Florida Ave NW

tile-tues-workshop.png$0 Down Home Buying – DC/MD/VA After Work Edition: Get the scoop in a fast format that puts you on the path to ownership. 

Tues. 5/3 5:30-7pm | 913 Florida Ave, NW

tile-sat-workshops.pngSaturday DC/MD/VA $0 Down Homebuying + Top Neighborhood Values: $0 Down Programs in DC/MD, 3.5% Down + optimizing your monthly payment. 

Sat. 5/7 10-11:30am | 913 Florida Ave, NW

tile-tues-workshop.png$0 Down Home Buying – DC/MD/VA After Work Edition: Get the scoop in a fast format that puts you on the path to ownership. 

Tues. 5/10 5:30-7pm | 913 Florida Ave, NW

tile-sat-workshops.pngSaturday DC/MD/VA $0 Down Homebuying + Top Neighborhood Values: $0 Down Programs in DC/MD, 3.5% Down + optimizing your monthly payment.

Sat. 5/14 10-11:30am | 913 Florida Ave, NW

tile-tues-workshop.png$0 Down Home Buying – DC/MD/VA After Work Edition: Get the scoop in a fast format that puts you on the path to ownership.

Tues. 5/17 5:30-7pm | 913 Florida Ave, NW

tile-sat-workshops.pngSaturday DC/MD/VA $0 Down Homebuying + Top Neighborhood Values: $0 Down Programs in DC/MD, 3.5% Down + optimizing your monthly payment.

Sat. 5/21 10-11:30am | 913 Florida Ave, NW

tile-tues-workshop.png$0 Down Home Buying – DC/MD/VA After Work Edition: Get the scoop in a fast format that puts you on the path to ownership.

Tues. 5/24 5:30-7pm | 913 Florida Ave, NW

tile-sat-workshops.pngSaturday DC/MD/VA $0 Down Homebuying + Top Neighborhood Values: $0 Down Programs in DC/MD, 3.5% Down + optimizing your monthly payment.

Sat. 5/28 10-11:30am | 913 Florida Ave NW


Our UrbanLand Company workshop space can accommodate 15 to 20 easily for our sessions. Please let us know you’re coming in advance with an RSVP by email…or join our Facebook events.

More info on programs are available here:

dcopendoorsbanner banner-vhda

Take a look at some of the recent homes that Workshops attendees have purchased & settled on.

SUPPORT LOCAL REAL ESTATE!
Skip to toolbar
Tools Fast Help