First Time Homebuyer Programs in Maryland
Purchasing your first home is a thrilling new chapter in your life—but it also requires a lot of time, energy, and money. Not only do you have to put down money for a down payment, but there are closing costs, HOA fees, inspections, and more that all need to be paid! This can be incredibly daunting for first time homebuyers, but Maryland has a number of programs designed to help out with these costs. Keep reading to learn more!
If you’re a first time homebuyer in MD, let the pros at Coakley Realty help—contact us today by filling out the form to the right or dialing 301-340-8700!
Find First Time Homebuyers Programs
There are usually a number of different first time homebuyer programs and grants circulating to assist with down payments and closing costs, but they are subject to change at any time. Currently, the following programs are available:
- Maryland Department of Housing and Community Development – includes homebuyer programs with down payment and closing cost assistance
- U.S. Department of Agriculture Rural Housing – homebuyer programs in rural communities
You can also find out if you qualify for first time homebuyer programs in your city or county, including:
- Howard County
- Montgomery County
- Prince George’s County
Learn more about what first time homebuyer programs are available in MD »
Do You Qualify for First Time Homebuyer Programs?
Every first time homebuyer program has a different set of restrictions that dictates who qualifies for assistance and grants, so you will need to contact each program individually to find out if you can apply—or you can talk to an experienced real estate agent like the ones at Coakley Realty. Our pros have years of experience in the industry and can help you determine which first time homebuyer programs and grants you can apply for.
Schedule a Consultation with an Expert
If you’re buying a home in MD, you can’t find better professional services than you’ll get with Coakley Realty. Our experienced real estate agents know the Maryland and DC metropolitan market inside and out, and we can help you find programs for first time homebuyers that will make your process stress-free.