Key points to compare
Assistance: $5,000 assistance payment for eligible homebuyers.
Buyer profile: Eligible buyers purchasing a primary residence inside the City of Laurel who are first-time buyers or have not purchased a home within the previous five years.
Location: Prince George's.
Repayment or structure: FY2026 funding supports a limited number of awards, reviewed first-come, first-served.
Credit and underwriting: Credit, income, property and underwriting requirements apply.
What to verify before you apply
Before choosing a program, confirm current funding or reservation availability, household-income rules, purchase-price limits, occupancy requirements, property eligibility and the mortgage products that can be paired with the assistance.
Also verify whether first-time homebuyer status is required, what borrower funds must come from you, whether homebuyer education is required and when any second loan or grant would become repayable.
Those details can change by program and can affect which option provides the best fit for a specific transaction.