Baybrook Boost Downpayment Assistance Program
The Baybrook Boost is a partnership between the Greater Baybrook Alliance and Neighborhood Housing Services to help people become homeowners in the 21225 and 21226 zip codes - Brooklyn and Curtis Bay. This program offers a no interest no payment loan of between $10,000 and $20,500 to qualifying purchasers to help with downpayment and closing costs to purchase a home in this area.
Buyers will have to earn a homeownership counseling certificate. Which means taking a homeownership class from a HUD-accredited agency.
You have to live in the home as your primary residence.
You must apply and be approved for the no-interest loan prior to closing on your new home.
There are income restrictions, for more information about this see here
This is only available for fixed-rate loans and no co-signors, cash sales, or owner financing are permitted.
There are currently 48 homes listed for sale in this area that could potentially qualify for this type of program. There are row homes, semi-detached homes, and detached single-family homes available in Brooklyn and Curtis Bay. Let me help guide you through the home-buying process.
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