FREDERICK COUNTY DOWN PAYMENT and CLOSING COST HELP FOR HOME BUYERS.
FREDERICK COUNTY MD DOWN PAYMENT AND CLOSING COSTS LOANS UP TO $25,000 FOR ELIGIBLE PROPERTIES AND HOME BUYERS
FREDERICK COUNTY BANK OWNED HOMES / FORECLOSURES FOR SALE
Lenn Harley, Broker for Homefinders.com and the Homefinders.com network is approved by Frederick County, Maryland to represent home buyers applying for a Down Payment and Closing Cost Assistance Loan under the Frederick County program designed to help home buyers purchase bank owned foreclosed properties.
Home Buyers in Frederick County can now obtain down payment and closing cost help from the Fredrick County Neighborhood Conservation Initiative Program (NCI).
Highlights of the Down Payment Assistance
- Zero Interest Down Loans for qualifying home buyers.
- $15,000 down payment help home buyers who occupy the homes.
- Additional $5,000 for some Frederick County employees.
- Additional $5,000 for qualifying bank owned homes in some zip codes.
- Only Bank Owned Foreclosed properties qualify for purchase.
- 30 Year Fixed interest rate loan only.
SINGLE FAMILY HOMES * TOWN HOMES * CONDOMINIUM HOMES
Employees who qualify for an additional $5,000 include:
- City of Brunswick
- City of Frederick
- Frederick Community College
- Frederick County PUblic School
- Frederick County Government
- Frederick Memorial Hospital
- Maryland State Police, Frederick Brracks
- Frederick County Volunteer Fire & Rescue Association w/ LOSAP requirements
Home must be buyer’s primary residence. Buyers must meet income limits, $86,250 to $162,700 depending on number in household. Contact us for details.
EXAMPLE: HOMES ELIGIBLE FOR NCI DOWN PAYMENT AND CLOSING COSTS LOAN.
| Home #1 | 21701 | $127,000 |
| Home #2 | 21702 | $194,900 |
| Home #3 | 21703 | $214,900 |
Loan term for Down Payment and Closing Cost Assistance is a 15 year loan @ 0% interest.
Contact Lenn Harley for help and information, 800-711-7988, E-mail.
