Maryland Grant Programs
As per the Maryland Mortgage Program website, the following defines the Maryland Down Payment Assistance and Partner Match Programs.
Many eligible home buyers struggle with down payment money. It's the single, largest hurdle in today's economic environment.
Despite certain mortgages requiring low down payments, down payment requirements will usually total several thousand dollars.
The Maryland Mortgage Program provides help in the form of down payment assistance. There are also Partner Match programs from various employers, housing developers and local community organizations that can help you with down payments and closing costs.
These programs afford first-time home buyers the opportunity to qualify for a mortgage when otherwise impossible.Check with your lender to help you identify what assistance may be available to you. You may also visit http://mmp.maryland.gov/Pages/default.aspx for more information