Carrollton Mortgage Services is proud to be one of very few lenders in the State to offer this 1st Time Buyer Grant; Buyers may be eligible for $5000 towards their closing costs and down payment on a home! FHLB is a forgivable grant (20% each year up to 5 years total) and is issued at settlement toward the down payment. The $5000 grant is per household, and is allowed to go towards a buyer’s FHA 3.5% minimum requirement for down payment.
Borrowers must meet just a few requirements to qualify for the wonderful grant and it is on a first-come, first-serve basis.
Carrollton helped over 135 1st time buyers just last year alone achieve the dream of homeownership with the FHLB Grant. We also have several other down payment and closing cost assistance programs to offer that can be used in conjunction with FHLB or independently as well.
If you or anyone you know might be able to benefit from these funds, please don’t hesitate to call on us to help! Email at sepstein@carrolltonbank.com or call 410.491.0200.
Our customers save money and close their loans quickly because we employ the most advanced mortgage technology available.
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