Good News for First-Time Homebuyers! The Office of Homeownership is now offering a First-Time Homebuyers Incentive Program to homebuyers purchasing in Baltimore City. This incentive program provides funding that you can use for closing costs and down payment assistance. Benefits include a $10,000 down payment and closing assistance structured as a 5-year loan, forgivable by 20% per year. Read more details about the down payment assistance program below!
First-Time Homebuyer Eligibility
- Have not owned a home in 3 years.
- Purchasing a home in Baltimore City.
- Must complete workshop and one-on-one counseling at one of the Office of Homeownership’s […]