An bird view on My Home Program in Prince Georges County, MD
Which is the better one? Like at the eye doctor?!
My Home vs. My Home II
My HOME – Available in all of Prince Georges County - Must be a first time home buyer, Loan up to 5% of the purchase price, debt and income limitations, resale, foreclosures, short sales and new construction are eligible for purchase. The loan amount is a deferred payment. If the purchaser remains in the home for 10 years and the property remains the primary residence, the loan is FORGIVEN. Loan limits $295,000 (Resale) OR $370,000 (New Construction ONLY)
My HOME II – Available only in the following zip codes: 20706, 20737, 20743, 20744, 20745, 20746, 20747, 20748, 20772, 20774, 20784, 20785 - Must be a first time home buyer, Loan up to $20,000, debt and income limitations, resale, foreclosures, short sales and new construction are eligible for purchase. The loan amount is a deferred payment but must be repaid back if the home is sold, refinanced or transferred regardless of length of residency. Loan limits are based on the debt to income ratios.
20706 - Glenarden
20737 - Riverdale Park
20743 - Capitol Heights
20744 - Fort Washington
20745 - Oxon Hill
20746 - Suitland
20747 - District Heights
20748 - Temple Hills
20772 - Upper Marlboro
20774 - Upper Marlboro
20784 - Hyattsville
20785 - Hyattsville
The purchaser must select from a list of approved lenders and title company providers.
ReShawna Leaven, Realtor®
Licensed in Virginia, Maryland and DC
Keller Williams Realty Kingstowne Alexandria
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