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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
 

Buyer Assistance Programs

Prince Georges Triple Play Program Pays $3.3 Million in Down Payments in First 70 Days


Prince Georges County’s new Triple Play Program, funded under the Maryland Mortgage Program, recently announced that it has given out $3.3 million in state aid to home buyers in the county since the program began. Triple Play was launched on November 20, 2014.

“This is proof that Triple Play is designed to REALLY help you buy a home or condo in Prince Georges County,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “These are funds the county received as part of a nationwide lawsuit settlement against the mortgage industry during the foreclosure crisis. The settlement gives Triple Play over $6 million to distribute to qualified homebuyers in its initial phase.”

Triple Play applies to homes purchased in select zip codes within PG County.  The program, when used correctly, result in up to $20,000 in down payment and closing cost assistance, reduced interest rates and valuable federal income tax credits. There are several other requirements that must be satisfied in order to successfully use the funding.

With $3.3 million already given out, the program is a huge success. The bad news is, once the total of $6 million allocated is ‘spent’, the program will go on hold until further funding is received by the state. “At the rate people are using Triple Play, the forecasts say the $6 million will be fully allocated to home buyers by the end of this March. We’re dedicating time in our next First Time Home Buyer Workshops to address the program directly and take pre-enrollments live from interested attendees,” commented DiRuggiero.

UrbanLand Company Workshops are free to the public and run on Tuesday nights at 5:30pm and Saturday mornings at 10am. These are small group sessions where you can get questions answered one-on-one, and real estate professionals are in attendance and can help with detail questions. RSVP by emailing Info@UrbanLandCompany.com or visit our Facebook Events.

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