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Greenbelt Home Advantage
Greenbelt Home Advantage is an enhancement of the Maryland Mortgage Program (MMP), for eligible purchasers. Learn more about MMP here: https://alexjaffe.com/md-down-payment-assistance
This program offers a grant of $15,000 to home buyers purchasing within Greenbelt (zip code 20770). However to be eligible for the program, a purchaser must have been renting within Greenbelt for at least one year. The program is being offered to help existing Greenbelt renters become Greenbelt homeowners.
The grant can be paired with the Maryland Mortgage Program loan, under which is available a conventional, FHA or VA loan. The grant can be utilized towards either down payment or closing costs.
Home buyers must be first time buyers or not have owned real estate within the past three years. There are household income caps, which in 2023 for a 1-2 person household is $170,760 or 3+ household $199,220.
Questions? 240-479-7658 or ajaffe@firsthome.com
Ready to pre-qualify? https://alexjaffe.com/pre-qualify-now/
For more information see https://mmp.maryland.gov/Lenders/Documents/FactSheets/GreenbeltHomeAdvantage.pdf