Anne Arundel County Maryland Real Estate Video Blog with Diane Donnelly: First Time Home Buyers in Maryland are Eligible for a $5,000 Grant

There are many great Anne Arundel County area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Value Report so you know what buyers will pay for your home in today's market. You may also call me at (512) 590-0850 for a FREE home buying or selling consultation to answer any of your real estate questions.

I have invited a special guest today from First Home Mortgage. Mike Archer is here to explain a tremendous home loan program designed for first-time home buyers in Maryland.

Maryland Mortgage Program

This mortgage program is designed for first-time home buyers, although you can be a repeat buyer if you're purchasing in a targeted area (Baltimore areas and across the Bay Bridge). The primary benefit of this program is that Maryland will offer a $5,000 grant towards the buyer's closing costs, and it can be applied to the FHA's minimum down payment. So, it can actually apply to down payments and closing costs.

Through this program you are able to do a conventional loan, an FHA loan, or a VA loan. Right now everyone is talking about the 3% down conventional loan, so you're getting a lower down payment option on a good loan with reduced mortgage insurance. The state of Maryland has negotiated reduced premiums for first-time Maryland home buyers.

Within this program are many other sub-programs. I will go into detail on two of these important ones.

Builder Match Program: If you're buying new construction and the builder is partnered with CDA, the state will offer the $5,000 dollar grant plus an additional $2,500!
Disabled Veterans Program: This program is brand new, and offers disabled veterans a 3% fixed rate for 30 years, as well as the $5,000 dollar grant.

So if you know any first time home buyers or veterans that would be able to take advantage of this program, be sure to contact me. Also, if you would like to discuss Maryland real estate, please contact me at (443) 270-5093 or email me at diane@tdgmoves.com

Why Hire The Diane Donnelly Group to Sell Your Home?

The Donnelly Group Testimonials

Click to hear recent
testimonials from happy clients

Joann - "It wasn’t just a piece of property for them, they understood everything that was going on for me and provided wonderful service.”

Yvonne - "She had wonderful communication and that definitely sets them apart from the rest."

Isabel - "Diane really has the magic touch! She sold our home in 16 days when we were panic stricken to get the deal through. She calmed us down and made us feel that everything was going to be okay. Hire them, you won’t regret it!"

Randy - "The Donnelly Group is very proactive and creative in terms of putting the word out about your home. They always got back to me to answer any questions I had and did what it took to get my house sold. They’re a great team and I’d highly recommend them!"

Patricia - "Having not gone through the experience in a long time, I was very impressed with how professional, helpful, and accessible the Donnelly Group was. They’d answer calls when I had concerns and always had time for me. They were incredibly patient, informative, and reassuring. I’d recommend them to anyone!"

Carrie - "We’re actually still working with the Donnelly Group. We’re still in the process of purchasing a home through them, but in the sale of our home we met with Diane and she came over to the house and helped us find comparables. She actually sold the house for more than we intended on so we’re pretty happy with the experience."

Rodney - "I was very happy with what the Donnelly Group did for me. They went above and beyond in every aspect. The put together a nice slideshow of the home, a virtual tour, and all of that stuff so those who were looking online would get a better view of the home inside and out."

Lucas - "The entire process was very positive. My Realtor really knew the ins and outs of the real estate game. The level of service I received as a first time home buyer was just fantastic. They were really able to get an idea of what we were looking for and helped us find the right place."

Michael - "We were able to sell my home in 9 days and then they also helped me navigate the purchase of my next home without any flaws. They even sent us a professional stager and a professional photographer to help us prepare the home for sale which we really appreciated. It ended up selling for the highest price in the neighborhood!"

John - "The Donnelly Group was aces from beginning to end! We were referred to her because our previous agent wasn’t performing up to her abilities. Everything was great from beginning to end and she sold our house pretty quickly! It sold in about 7 days when the other agent had it for 3-4 months. Dianne would give her advice but we didn’t have to follow it and she always kept us informed of exactly what was going on."

Nadine - "I felt very good about the whole experience. I think they were very professional and Tricia Roe would always answer my calls and if I left her a voice mail, which I don’t think I had to, she’d immediately call me back. It was the same with emails, they were just so responsive! I was just very pleased with the whole experience!"

Tracey -"We listed my daughter’s house with them, and within two weeks it had sold. The situation was that my daughter’s husband had died, so it was a very emotional and difficult time for her. At one point we had a contract written, and the family found out that her husband had died in the home. They asked for a $15,000 reduction in the sales price because of that. Diane was very respectful and professional when she told us that information, and she was very supportive of our decision not to proceed with that contract. I would recommend Diane’s group at any time. They stayed on top of everything and did an awesome job."

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First Time Home Buyers in Maryland are Eligible for a $5,000 Grant

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