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The original item was published from 5/13/2014 2:37:57 PM to 7/1/2014 12:20:00 AM.

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Frederick News

Posted on: May 13, 2014

[ARCHIVED] “Sold on Frederick” Homebuyers Program Opens List of Eligible Lenders to All Maryland Counties

“Sold on Frederick”, a down payment and closing cost assistance program for first time homebuyers, is pleased to announce the opening of the list of eligible lenders to all 23 counties in the state of Maryland .....


CONTACT: Susan S. Harding, Public Information Officer, 301-600-1385
FOR IMMEDIATE RELEASE: Tuesday, May 13, 2014


“Sold on Frederick” Homebuyers Program Opens List of Eligible Lenders to All Maryland Counties

Frederick, MD -- “Sold on Frederick”, a down payment and closing cost assistance program for first time homebuyers, is pleased to announce the opening of the list of eligible lenders to all 23 counties in the state of Maryland providing the closing takes place in Frederick County, MD.
The City of Frederick’s Department of Community Development oversees the “Sold on Frederick” program. This program assists first time homebuyers secure money for a down payment and closing cost by offering a zero percent (0%), no interest loan of $8,000 for income/credit eligible first time buyers provided they are buying within the City limits. In an effort to expand the program for the remainder of the fiscal year ending June 30, 2014, the list of eligible lenders has been opened to all counties in the state of Maryland with the stipulation that the closing takes place in Frederick County.
Interested eligible lenders should contact Eileen Barnhard, CDBG Administrator for The City of Frederick at 301-600-2842 or email ebarnhard@cityoffrederick.com.
For more information on “Sold on Frederick” visit Affordable Home Ownership .

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www.cityoffrederick.com

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