Are you looking to purchase your first home in the District of Columbia, but short on funds that are needed for down payment and closing costs? Here at 1st Mariner Bank, we offer a program that you may qualify for to help with your exact needs. It is called the Home Purchase Assistance Program (HPAP) and helps low and moderate income residents purchase a home in the District of Columbia. Qualified applicants can receive financial assistance for down payment and closing costs to buy a home. It is... [More]
Many people think government assistance is only for the lower income borrower. But there are several ways average Americans can get help buying a home – if they meet the requirements.
If you qualify for a government-backed mortgage because of your military service, your geographic location or your income, you might get surprisingly good terms. In many cases it’s a better deal than taking out a conventional mortgage, which isn’t backed by the federal government.
Let’s look... [More]
Are you a first-time buyer who is looking for assistance to help with down payment and closing costs? Do you know 1st Mariner Bank can offer you a program that can help provide funds to assist with your transaction? It’s called the Federal Home Loan Bank of Atlanta (FHLB) Affordable Housing Program. This program is offered in the following geographic areas; Alabama, Georgia, District of Columbia, Florida, North Carolina, South Carolina, and Virginia. If you are military or a veteran this p... [More]