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There are 56 program(s) available based on your search “Ellicott City, MD”

56 Results

Community Partners Product

The Community Partners Product is a new initiative through First Home Mortgage, to assist law enforcement officers, educators, health care workers, firefighters, and first responders in Maryland with downpayment and closing cost assistance on a home purchase.
Type of program
Down Payment & Closing Costs
Amount of assistance
$7,500.00

Crowdfund with HomeFundIt

HomeFundIt is the only crowdfunding program in the nation approved by Fannie Mae and Freddie Mac for use with conventional mortgage loans.
Type of program
Deferred Second Mortgage
Amount of assistance
$4,500.00

Landis

Landis helps renters buy their first home. People can pick out the home of their dreams, rent it for a year (while they build credit and save for a downpayment), then purchase it any time in the first year. Additionally, they offer people tools and incentives to enhance their credit score and build up their down payment.
Type of program
Lease to Own

Maryland Homefront Mortgage

The Maryland Homefront Mortgage Program offers a reduced interest rate to active duty military and veterans
Type of program
Deferred Second Mortgage

Maryland Mortgage Program Flex 4% Grant

Comes with a grant equal to 4% of the first mortgage. Grant does not get repaid.
Type of program
Deferred Second Mortgage
Amount of assistance
$12,000.00

Maryland Mortgage Program House Keys 4 Employees

As a participating employer, the State provides financial assistance to active State of Maryland government employees (permanent and contractual employees) purchasing a home through the Maryland Mortgage Program (MMP) using a 1st Time Advantage 5000 or a Flex 5000 loan. The amount available to State employees through the House Keys 4 Employees Program is $2,500, which would be layered with the existing $5,000 for a total of $7,500 in a zero percent deferred loan.
Type of program
Deferred Second Mortgage
Amount of assistance
$2,500.00

New Neighbor Homeownership

Type of program
Down Payment & Closing Costs
Amount of assistance
$4,500.00

USDA Section 502 Direct Loan Program

Also known as the Section 502 Direct Loan Program, this program assists low- and very-low-income applicants obtain decent, safe and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant’s repayment ability. Payment assistance is a type of subsidy that reduces the mortgage payment for a short time. The amount of assistance is determined by the adjusted family income.
Type of program
Deferred Second Mortgage
Amount of assistance
$12,000.00

USDA Section 502 Guaranteed Loan Program

The Section 502 Guaranteed Loan Program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may purchase, build, rehabilitate, improve or relocate a dwelling in an eligible rural area with 100% financing.
Type of program
Deferred Second Mortgage
Amount of assistance
$4,500.00

Veterans Purchase Product

The Veterans Purchase Product is a new initiative through First Home Mortgage, to assist homebuyers who are currently serving, or have served in the U.S. military, their spouse or their surviving spouse in Maryland with downpayment and closing cost assistance on a home purchase.
Type of program
Down Payment & Closing Costs
Amount of assistance
$7,500.00
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