Mark Novak

RE/MAX ELITE REALTY
1 Bel Air South Parkway
Bel Air, MD 21015
Phone: (410) 515-0100

Get Assistance From Grants!

The costs of downpayment and settlement can overwhelm first-time homebuyers and is listed as the #1 barrier to homeownership. There are numerous programs available for the first time buyer or for folks who have not owned a home in the last three years.

 

CDA has assistance programs for Get Grant money to purchase your home from the state of Marylanddown payment and closing costs.

Community Development Administration (CDA) the DSELP for any borrower who is eligible for a Maryland Mortgage Program loan.   

DSELP is a 0% interest loan that offers $5,000 to be used for down payment or closing cost. You only have to pay the the money back if you sell the home!

 

Federal Home Loan Bank of Atlanta offers money matching grants up to $7,500.

Does your bank participate in this program? If not I work with several that do! Take advantage of this program to offset the cost or purchasing your first home!!

Mark Novak knows where the grants are (FHLBank Atlanta) announcesd that it will continue its initiatives to spur home purchases by providing potential homeowners with access to money matching grants to be used for down payment and closing cost.

Since its inception in 1997, the First-time Homebuyer Program (FHP) has helped more than 9,700 families and individuals purchase homes. Individual homebuyers who would like to access FHP funds must meet eligibility guidelines and apply for funds through a participating member financial institution.

Member Banks can access up to $1 million annually and distribute matching FHP awards of up to $7,500 per household to eligible homebuyers. The FHP offering cycle continues through December 31 or until the set aside is exhausted, whichever occurs first. They provide these funds to participating financial institutions on a first-come, first-served basis so call Mark today! These funds do not last long! I you would like more information on this or any other programs that are available please fill out the form below and Mark Novak will contact you today!

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