Carroll County

Carroll County, situated in Maryland, is known for its rural charm, historic towns, and a strong sense of community. First-time homebuyer programs in Carroll County offer numerous advantages, including financial assistance for down payments and closing costs, reduced interest rates, and educational resources to navigate the homebuying process. These programs make it easier for first-time buyers to own a home in this picturesque and close-knit county, fostering a sense of belonging and homeownership in a welcoming community.

Maryland Mortgage Program

What You need to know

640 Credit Score Requirement

​

Up to 25k In Assistance

​

Income limit up to 174,300.00

1. Maximum Down Payment and Closing Cost Assistance: Borrowers in Carroll County can receive a maximum of $25,000 in down payment and closing cost assistance. This assistance can significantly reduce the upfront costs associated with purchasing a home.

2. Credit Score Requirements: Borrowers are required to have a credit score of 640 or higher to be eligible for the program. A credit score of 640 is considered fair, but it meets the program's minimum requirement.

3. Maximum Income Limit: Borrowers can have a maximum income of $ 143,175 to qualify for the Maryland Mortgage Program in Carroll County. This income limit is designed to make homeownership more accessible to a wide range of income levels.