The program offers $4.5 million to help revitalize
Baltimore. Effective immediately there is
$1,000,000 available in grants on the first come first serve bases. The remaining $3.5 million
in grants will be made available to eligible home buyers in early April 2013 during
the second phase of the program.
The requirements
are simple:
Home must be located within Baltimore City
- Must be your primary residence
- Remain in the home for 5 years
- Meet area median household income requirements.
- Be mortgage ready (qualified) by one of the approved venders (Wells Fargo, M&T Bank, or MECU).
- Attend one 8-hour home buyer education course at an approved counseling agency
- Close within 90 days
The best way to determine if you can qualify, take the quiz to find out
Click to find out
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