Home Buying Tips August 15, 2022

Down Payment Assistance Program Updates in Maryland

Did you know there are down payment assistance programs available in Maryland? Maryland made recent adjustments to these programs. These updates have made more funds available for buyers. Recently, I interviewed senior home loan consultant, Hillary Cochin, from Main Street Home Loans.

In this video, we discuss:

  • Overview of down payment assistance programs in Maryland
  • Minimum down payment amounts for loan programs
  • Additional requirements needed above and beyond a typical loan program
  • Chart examples of renting vs. using a down payment program
  • How buyers can get up to $25,000 in Montgomery County, MD

If you would like to discuss more about these programs and buying a home, please schedule a free consultation here to get started.

Check out the interview here: