About First Time Home Buyers in Maryland

Your first journey to homeownership.

If you've never owned or purchased real estate before, it can be a little confusing understanding all of the steps in the home buying process.

It seems like there's so may questions to ask like

• How do I find the right home? 
• What MD first time homebuyer mortgage programs are available? 
• What's involved with a home inspection, appraisals, loans, etc.? 
• How and where do I begin? 
• Do I need a real estate agent?

These are common questions first time home buyers often ask. You deserve to understand each and every step in the home buying process.

First Time Home Buyer Eligibility in Maryland

If you're research your options to buy a home as a first time homebuyer, you'll want to know if you're eligible.

Here are the requirements in Maryland:

• The buyer must have never owned residential real estate in Maryland that has been the buyer's principle residence.
• The residence will be occupied as the buyer's principle residence.
• The buyer is a co-maker or guarantor of a mortgage or deed of trust to be secured by the property and the co-maker or guarantor will not occupy the property as a principle residence.