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  • Keichel Lewter

Lenders and housing agencies offer down payment assistance and closing cost grants up to $20,000

Updated: Dec 5, 2021

Bank of America Making Home Ownership Affordable with $17,000 for first time and second time buyers. Program Name: America’s Home Grant® program (Bank of America) Specific Locations: Anne Arundel, Baltimore, Baltimore City, Calvert, Carroll, Charles, Dorchester, Frederick, Harford, Howard, Montgomery, Prince George's, Queen Anne's, Somerset, St. Mary's, Talbot, Wicomico, Worcester Counties Highlights

Maximum amount up to $7,500

May be used for nonrecurring closing costs, such as title insurance and recording fees

Client does not have to be a first-time homebuyer

Homebuyer education is not required

Program Name: Baltimore City Community Development Block Grant Program (CDBG) Specific Locations: City of Baltimore Highlights

Maximum amount up to $5,000

May be used for down payment and/or closing costs

Client must be a first-time homebuyer

Homebuyer education is required

Program Name: City of College Park New Neighbor Program Specific Locations: City of College Park Highlights

Maximum amount up to $5,000

May be used for down payment and/or closing costs

Client does not have to be a first-time homebuyer

Homebuyer education is not required

Program Name: City of Rockville - R.E.A.C.H. (Real Estate Effort for Affordable Community Housing) Program Specific Locations: City of Rockville Highlights

Maximum amount up to $12,000

May be used for down payment and/or closing costs

Client must be a first-time homebuyer

Homebuyer education is required

Program Name; Down Payment Grant program (Bank of America) Specific Locations: Anne Arundel, Baltimore City, Baltimore, Calvert, Carroll, Charles, Frederick, Harford, Howard, Montgomery, Prince George's, Queen Anne's Counties Highlights

3% of the purchase price (maximum $10,000)

May be used for down payment and Program funds may be taxable as income; a 1099-MISC will be issued

NOTE: Client does not have to be a first-time homebuyer. Homebuyer education is required

Program Name: Dundalk Renaissance Home Buyer Grant Program Specific Locations: Baltimore County (select neighborhoods) Highlights

Maximum amount up to $10,000

May be used for down payment and/or closing costs

Client does not have to be a first-time homebuyer

Homebuyer education is required

Program Name: Home Partnership, Inc. Workforce Homeownership Program Specific Locations: Harford County Highlights

Maximum amount up to $5,000

May be used for down payment and/or closing costs

Client does not have to be a first-time homebuyer

Homebuyer education is required

Program Name: Howard County Settlement/Downpayment Loan Program (SDLP) Workforce Initiative Specific Locations: Howard County Highlights Maximum amount up to $4,300

May be used for down payment and/or closing costs

Client does not have to be a first-time homebuyer

Homebuyer education is required

Program Name NHS Baltimore NeighborhoodLIFT Program Program ID 462101 Specific Locations: City of Baltimore Highlights Maximum amount up to $17,500

May be used for down payment and/or closing costs

Client does not have to be a first-time homebuyer

Homebuyer education is required

Program Name: NHS of Baltimore Project Reinvest Homeownership Down Payment Assistance Program Specific Locations: City of Baltimore Highlights

Maximum amount up to $10,500

May be used for down payment and/or closing costs

Client does not have to be a first-time homebuyer

Homebuyer education is required

Program Name: Pathway To Purchase Program Specific Locations: Prince George's County Highlights

Maximum amount up to $10,000

May be used for down payment and/or closing costs

Client must be a first-time homebuyer

Homebuyer education is required


For more information and to be connected to our lending partners at Bank of America, contact me right away. You can also call me or text 'GET STARTED' to 410.701.0802 📲



Keichel Lewter, Realtor ✨

Mims Realty Group 410.925.9554

wwww.BuyMarylandRE.com

Follow us on Instagram @buymaryland





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