If you know anyone looking to buy in MD and could use help with covering their down payment or closing costs, share this with them!
The State of Maryland just improved their Grant Assist Program. Initially the program was rolled out to only help with the closing costs, but now the 4% can be used towards down payment and/or closing costs.
Example: A buyer wants to purchase a home for $300,000. The minimum the buyer has to contribute is 3% for the down payment (you don’t need 20% for a downpayment). The Grant Assist will cover that down payment in full.
Call me for more details!