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Our program is designed to educate, counsel, advocate, and assist home buyers with the home buying process. We do this by providing home buyer education that covers the benefits of homeownership, credit, lending practices, home inspections, and more. Our counselors assist with credit building, budgeting, and savings plans.
This program provides up to $3,000 in St. Louis County, except Florissant where the down payment help is $3,500, and in St. Louis City the down payment assistance is $3,500. The table below illustrates the income limits based on family size and 80% of area median and monthly income. Must complete home buyer education and one-on-one counseling with “Homeownership Ready” status. Title companies are welcome to have certified title agents join our team. Agents must be trained in order to become a certified title agent with Beyond Housing. CityLift Program with Wells Fargo Mortgage and NeighborWorks $20,000 for down payment, City of Washington DC or Prince Georges County.
Down Payment and Closing Cost Assistance Loan
The qualification for this program is very similar to the First Place Mortgage Program except that they allow for a much higher household income. FHA has a minimum down payment requirement of 3.5% and by using the MHDC program your entire down payment requirement for FHA is covered. Plus, you have a little extra money left over to be used toward closing costs. To get started with a Down Payment and Closing Cost Assistance loan application, please email a copy of your fully executed sales contract to A member of the lending team will reply with next steps.
0% interest rate, program is forgivable 20% each year for 5 years. Open to all purchasers but if you own a home, it must be sold prior to settlement. If you have $500 you can receive $84,000 in Down payment assistance when you purchase a home in Washington, DC. Eviction notice or delinquency notice from landlord or mortgage company or a signed lease for deposit assistance.
Statewide and Regional Programs
CAASTLC believes home ownership can have a positive effect on a community. Our Housing Assistance program helps reduce and eliminate barriers many people face when purchasing a home. Most, but not all programs and jurisdictions, have this requirement. A first time home buyer is someone who has not owned a home in the past three years or has lost a home due to divorce and has legal custody of minor children. Create your secure Beyond Housing account and select the Down Payment Assistance loan from the list of available services.
Maryland First Time Home Buyer Programs - Community Stability Program with FHLB Atlanta Bank - Up to $5,000 in down payment and closing costs assistance. Servicing all Anne Arundel County, Calvert County, Charles County, and Prince George's County as well as Annapolis, Bowie, Chesapeake Beach, Crofton, Dunkirk, Edgewater, Ft. Meade, Huntingtown, La Plata, North Beach, Odenton, Owings, Pasadena, Severn, Waldorf, and the Upper Marlboro, all of Washington DC, and Northern Virginia, including Alexandria, Arlington, and King George County areas which are in violation of the law. Our clients and customers are informed that all dwellings advertised on our website in Anne Arundel County, Calvert County, Charles County, and Prince George's County as well as Annapolis, Bowie, Chesapeake Beach, Crofton, Dunkirk, Edgewater MD, Ft. Meade, Huntingtown, La Plata, North Beach, Odenton, Owings, Pasadena, Severn, Waldorf, and the Upper Marlboro, all of Washington DC, and Northern Virginia, including Alexandria, Arlington, and King George County areas are available on an equal opportunity basis. All prices and finance claims appearing in this site are subject to change without notice.
Programs by County
Our lending department is there to facilitate down payment and closing cost assistance and be an advocate for our clients throughout the home buying process. This program is the same program as that in St. Louis County, provided by the same providers, and coordinated through your mortgage loan officer. But, because of the differences in this program between the cities, county and municipalities it is highly recommended that you contact me as soon as possible to get it figured out.
The 1st Home Program is offered throughout the St. Louis County area and St. Louis City. This program is provided through multiple different groups in the area, Beyond Housing, Better Family Life, NECAC, and others. But, like the MHDC program this down payment assistance is coordinated through your mortgage loan officer in conjunction with your mortgage application, I can help. The State of Missouri has a down payment assistance program through the Missouri Department of Housing Commission referred to as MHDC, this program serves the entire state of Missouri. The MHDC First Place Program is only for first time home buyers and home buyers that have not owned a home in over 3 years. In the St. Charles County area nearly the entire area is covered by a $5,000 down payment assistance provided to first time home buyers.
First Time Buyer Program for Charles County Residents
Money that can be used not for down payment and closing costs but instead you can put that money to making your new house a home. There will be a lot of items that are needed with your new home, allow me to show you how to use down payment assistance to help. The money provided can be used for either your down payment, your closing costs, or both. The programs does require that you contribute at least $1000 of your own money in the purchase of your new home. Again here this program is very similar to that in St. Louis County with some slight differences, and the down payment assistance program provides up to $5,000 to help you buy your first home.
We work with all lenders and realtors and offer monthly training sessions to assist in understanding how the program works and what is required. A representative from our lending department will determine whether or not you qualify for assistance. Anyone interested in obtaining down payment assistance must have completed the Home Buyer’s Training and one-on-one counseling session at least 10 business days before closing. Maryland First Time Home Buyer Programs - Northwest Federal Credit Union, 100% Homebuyers Edge Program - Conventional Loan, 100% Financing, available to purchase a single family, townhome and condominium, PMI required. Help has arrived in the form of a Settlement Expense Loan Program . Help has arrived in the form of a Settlement Expence Loan Program .
At times this amount is bumped up to $10,000 depending on the availability of program funds and the housing market. But, there is some differences in the program depending on where you are purchasing your new home. Imagine buying your first new home and actually having money in your bank account after you close.
There are income restrictions to this program determined by family/household size and geographical area. Please go to our “Calendar of Events“ page for a complete listing of our Home Buyer and Financial Literacy classes. In addition to participants of our Home Ownership and Housing Counseling programs being required to attend these classes, all members of the general public are welcome to attend as well.
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