Interested in becoming a homeowner but unsure where to come up with the down payment and closing costs associated with a home purchase? You’re in luck! The DC metro area has some of the most exciting and generous First Time Homebuyer Programs in the country — and I’m here to help ensure you know everything there is to know about the one that’s right for you!
Some programs are available based on specific lender or financing options. Others are provided by local government entities or from non-profit organizations set up to encourage home ownership. They are primarily designed for first-time homebuyers who are purchasing a home as their primary residence, not for investment or vacation properties.
You may have thought you wouldn’t meet the income requirements for a buyer assistance program, assuming they are set up for low or moderate income homebuyers. However, in reality, many of these programs are set up for buyers at a variety of income levels and for properties at a variety of price points.
Organizations and communities throughout DC, Maryland, and Virginia provide these programs, so no matter where you are searching for your new home, you’ll probably find one that works for you. In addition, since federal guidelines define first time homebuyer as someone who hasn’t owned a home in the previous three years, you may qualify even if this is not your first purchase!
With the wide variety of programs available and the changing requirements and guidelines for each, you need a local expert to help you find the right one. That’s why I’m here! As your local expert, I can provide the guidance you need to the program that works for you. Contact me and let’s determine your eligibility and the market in which you’re interested.