What a great opportunity for 1st time Home Buyers to buy their first house with help from the Presidential Bank Mortgage Home Buyer Grant Program.
But this $5,000 Grant program is not limited to 1st time Home Buyers.
With Home prices down, interest rates down and with a possible $5,000 grant to help you buy your home. It may just be the right time to make your move.
Here are some of the details:
- Owner Occupied program not for investors.
- First Time Home Buyers and non-first time Home Buyers
- Home may be in the Counties listed in the form below. Some Grant money must be used in target area. Example Target areas for Frederick are shown Click here for a map for Frederick County
- The $5,000 Grant is forgiven at 20% per year home is occupied
- After 5 years of occupancy the $5,000 Grant is fully forgiven.
- The $5,000 Grant is 0% interest and 0 payments due!
- Eligibility is based upon household income. See Grant Income Limits
- Home must be in a targeted area for stabilization by any federal, state or local government.
- You may use this $5,000 Grant with FHA/VA and USDA loans
- Must contribute $1,250 down to receive the $5,000 grant
If you are thinking of buying a Frederick MD Home in the near future, please use the form below to contact me to arrange a FREE consultation to review the program and the homes available for the grant program. You will receive the program details by e-mail.
Yes I am interested in receiving FREE money to help me buy a home!
