PG County My Home Program
My Home
Down Payment Program through PG County
General Information
Basics
- Max Sales Price $362,790
- First-Time Home Buyer or Not a Borrower within last 3 years
- Home-Buyer Education Course
- Eligible with 203K Streamline Renovation Program
- All Home in Prince Georges County (No Zip Code Restrictions)
- Funding up to 5% of Sales Price
Eligibility
Area Median Households Income Levels
| FY 2010-2011 | 1 Person Household | 2 Persons Household | 3 Persons Household | 4 Persons Household | 5 Persons Household | 6 Persons Household | 7 Persons Household | 8 Persons Household |
| 80% | $58,000 | $66,200 | $74,500 | $82,800 | $89,400 | $96,000 | $102,700 | $109,300 |
Minimum Down-Payment
1.75% of Sales Price OR50% of Liquid Assets* over $3,000
* Checking or Savings Accounts (Stocks/401K/Trust don’t count towards liquid assets)
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