HOMEBUYERS HUB
Calvert County
Calvert County, Maryland, is a picturesque region nestled on the Chesapeake Bay, known for its natural beauty and waterfront communities. First-time homebuyer programs in Calvert County offer valuable benefits, including financial assistance to cover down payments and closing costs, lower interest rates, and educational resources to navigate the homebuying process. These programs make homeownership more attainable in this scenic area, allowing newcomers to embrace the tranquil coastal lifestyle and invest in their first home with greater ease.
Maryland Mortgage Program
What You need to know
640 Credit Score Requirement
Up to 25k In Assistance
Income limit up to 174,300.00
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Maximum Down Payment and Closing Cost Assistance: Borrowers in Calvert 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.
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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.
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Maximum Income Limit: Borrowers can have a maximum income of $210,980 to qualify for the Maryland Mortgage Program in Calvert County. This income limit is designed to make homeownership more accessible to a wide range of income levels.