First time homebuyer programs in Charles County
First Time Buyer Program for Charles County Residents
Good news for First time home buyers in Charles County, Maryland. Help has arrived in the form of a Settlement Expence Loan Program (DSELP).
The Charles County DSELP program has raised there limits so that more first time buyers are able to qualify.. You can now qualify if you make the following
Family size INCOME
1 56,000
2 64,000
3 72,000
4 80,000
5 86,375
6 92,800
This program is great for first time home buyers, that need help with there 3.5% FHA down payment.
The Housing Authority administers the Settlement Expense Loan Program (SELP) for Charles County. The Program is sponsored by the Housing Commission of Charles County, with the support of the Charles County Commissioners. This Program provides direct financial assistance up to $6,000 to qualified low-and moderate income, first time home buyers, with settlement expenses associated with a home purchase in Charles County.
For more details and to see if you qualify, E-mail or call Bryan Pumphrey with Everbank at 301-399-0595