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"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
 

Real Estate

Montgomery County: Up to $25,000 Down Payment Assistance Now Available!


Great news for those who rent in Montgomery County. A County program that ran out of down payment assistance funds earlier this year is back again for 2017 – 2018. Qualifying home buyers can get up to $25,000 in down payment help, scaled to 40% of your current income. The maximum you can get is $25,000.  It’s called the Montgomery Homeownership II Program.

Here’s details on how the program is structured and works:

  • You can get up to $25,000 in Down Payment & Closing Costs Assistance per household
  • Assistance you are eligible for is calculated based on 40% of your household income
  • The Down Payment Assistance is structured as a 0% interest, deferred payment loan. This loan is issued in conjunction with a 30 year fixed rate mortgage through the Maryland Mortgage Program (MMP)
  • There are income limits for eligibility. 1-2 person households can earn up to $130,320 per year. Get the current limits now.

SEARCH QUALIFYING HOMES

You don’t need to come into our offices to get help! We are available by phone for quick orientations on the best way to get started with using this program. Just make an Appointment Request and ask for us to set up a phone call for you!

The Montgomery Homeownership Program is offered through the Maryland Community Development Authority (CDA) and the Maryland Mortgage Program (MMP).

More details are available here, plus you can Pre-Enroll to check your eligibility and ability to purchase a home in general, without a credit check!

 

 

 

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