The State of Maryland is partnered with over 80 lenders and has a loan program called the Maryland Mortgage Program (MMP) which offers first-time homebuyers up to $5000 in down payment or closing cost assistance. It's an interest-free deferred loan. To qualify in Prince George's County, your household income has to be less than $132, 360 for 1-2 people or less than $154,420 for 3-4 people. You can purchase a home up to $585K in a non-targeted area and up to $715K for targeted areas.
The MMP can help you get the loan to purchase a home with additional financial assistance in the form of grants and tax credits that are available to Maryland residents. There are additional eligibility requirements such as taking an education course on buying a home etc.
For further details on the Maryland Mortgage Program go to the MMP Website or contact me at 240-535-1855.