CHAI’s Homebuyer Incentive Grant provides $5,000 in closing cost assistance to eligible first-time homebuyers purchasing a home in Baltimore’s 21215 zip code. The grant is fully forgivable if the borrower remains in the home for at least five years. If the property is sold or transferred before five years, a… Read More
CHAI’s Homebuyer Assistance Loan offers a 10-year term loan with zero interest. For the first 5 years, no monthly payments are required. At the start of the 6th year, the loan re-amortizes, and the borrower will begin making monthly payments for the balance of the term. PROGRAM BENEFIT This program… Read More
The Maryland Mortgage Program (MMP) helps homebuyers in Maryland achieve their dream of homeownership through a range of programs that make purchasing and owning a home more affordable. MMP home loans are 30-year fixed-rate loans available as either Government or Conventional insured loans. 1st Time Advantage loans are designed to… Read More
The Maryland Mortgage Program (MMP) helps homebuyers in Maryland achieve their dream of homeownership through a range of programs that make purchasing and owning a home more affordable. MMP home loans are 30-year fixed-rate loans available as either Government or Conventional insured loans. 1st Time Advantage loans are designed to… Read More
This new rehab loan allows customers to borrow up to $20,000 at a 6% fixed interest rate up to 10 years. Customers do not need to have equity in their homes to qualify, which makes this an attractive loan for new homeowners. Use this loan to cover any renovation projects… Read More
Habitat for Humanity of the Chesapeake partners with a unique group of deserving individuals— hardworking people who make enough money to pay a monthly mortgage but not enough to qualify for traditional bank loans. This program extends the dream of homeownership to low and moderate income families, offering new and… Read More
The 203K Rehabilitation Mortgage enables homebuyers and homeowners to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of their existing home. A portion of the loan proceeds is used to pay the seller, or,… Read More
Healthy Neighborhoods offers a loan to help you purchase and renovate your new house on Healthy Neighborhoods’ target blocks. Eligible homebuyers receive a below-market interest rate, free design advice, and no private mortgage insurance requirement. PROGRAM BENEFIT This program allows you to borrow money to buy and renovate your… Read More
The Maryland SmartBuy 3.0 program helps homebuyers with student debt purchase a home. The program is designed to allow borrowers to pay off student debt during the purchase of an eligible home. Read More
The Maryland Mortgage Program (MMP) helps homebuyers in Maryland achieve their dream of homeownership through a range of programs that make purchasing and owning a home more affordable. MMP home loans are 30-year fixed-rate loans available as either Government or Conventional insured loans. The HomeStart 6% DPA Loan comes with… Read More
