MONTGOMERY COUNTY MARYLAND - $10,000 DOWN PAYMENT ASSISTANCE Help for First Time Home Buyers
HOC (Housing Opportunities Commission for Montgomery County Government) offers a wonderful opportunity for first time home buyers with limited cash to buy a home and benefit from the CDA First Time Home Buyer Downpayment Assistance Program - up to $10,000 can be used for your down payment and/or your closing costs.
$10,000 Can be used for Down Payment and/or Closing Costs
4% Interest ** 4% Interest ** 4% Interest ** 4% Interest ** 4% Interest
The LOW INTEREST RATE of 4% is just too good to pass up. This is for a 30 year fixed loan.
"HOW DO I GET THIS LOAN?"
Easy. Just call us and we'll qualify you to participate, help you prequalify for financing and help you find a wonderful home in Montgomery County in your price range.
WE DO THE WORK. YOU MOVE IN AND ENJOY.
SOME QUALIFICATIONS INCLUDE:
* Have a 620 or above credit score.
* Have not had an interest in real estate for the past 3 years.
* Maximum sales price of $429,619.
* At least one buyer must work or have job offer in Montgomery County.
* Complete the online or classroom Homeownership Education Class, can be done NOW.
* Meet Household income limits:
- 1 person in household= $86,268
- 2 people in household = $123,240
- 3 people (or more) in household = $143,780
ABOUT MORTGAGE LENDERS. Homefinders.com works hard to identify programs that help First Time Home Buyers. A mortgage company MUST be approved by the Montgomery County Housing Opportunity Commission to participage in CDA program. You can be confident that the loan officer helping you qualify for the CDA program is experienced and will answer your questions.
FOR HELP, CONTACT:
Lenn Harley, Broker, Homefinders.com, 800-711-7988. We'll help you make the loan application, get certified as a CDA borrower and help you tour wonderful homes in Montgomery County, Maryland.
If you would like to TAKE A TOUR OF HOMES in Montgomery County, MD before making application for the CDA financing, we'll be happy to arrange a tour of homes so you can see what your money will buy within the income limits and home price to qualify for up to $10,000 down payment/closing cost assistance. We'll qualify you by telephone and arrange a wonderful tour of homes.
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988.
To tour homes for sale online, use our buyer friendly search site for home buyers. You will be able to search for homes for sale in Montgomery County by price, features, zip codes and more.