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Montgomery County Homeownership Assistance Fund (MCHAF)

 

  1. 🏡 First-Time Homebuyer Status: Applicants must be first-time homebuyers to qualify for the Montgomery County Homeownership Assistance Fund (MCHAF) Phase VI.
  2. 💰 Income Limits: Income limits apply, and applicants must meet the specified criteria. Details can be found on the MCHAF Phase VI webpage.
  3. 📉 Credit Score: Applicants must have a minimum credit score of 640 to be eligible for assistance. Check the requirements on the MCHAF Phase VI webpage.
  4. 📝 Completion of Homebuyer Education: Completion of a homebuyer education course is mandatory for all applicants. Ensure you've fulfilled this requirement before applying.
  5. 📄 Documentation: Prepare all necessary documents as outlined on the MCHAF Phase VI webpage. This may include proof of income, identification, and other relevant paperwork.
  6. 💼 Employment Verification: Applicants must provide proof of employment to demonstrate stability and ability to repay the assistance.
  7. 🔍 Additional Criteria: Be sure to review any additional eligibility criteria specified on the MCHAF Phase VI webpage to ensure you meet all requirements.

🚀 Steps to Apply 🚀

 

  1. 📋 Review Eligibility: Before applying, carefully review the eligibility requirements listed on the MCHAF Phase VI webpage to ensure you meet all criteria.
  2. 📝 Gather Documents: Collect all required documents as outlined on the MCHAF Phase VI webpage. This includes proof of income, identification, and other relevant paperwork.
  3. 📑 Complete Application: Fill out the application form provided on the MCHAF Phase VI webpage. Ensure all information is accurate and up-to-date.
  4. 📧 Submit Application: Once your application is complete, submit it according to the instructions provided on the MCHAF Phase VI webpage. This may involve mailing or electronically submitting the form.
  5. 📞 Follow Up: After submitting your application, follow up with the MCHAF administrators to confirm receipt and inquire about the status of your application.
  6. 🎉 Await Decision: Sit tight while your application is reviewed. Be prepared to provide any additional information or documentation requested by the MCHAF administrators.
  7. 🏡 Celebrate Homeownership: Upon approval, celebrate your achievement and embark on your journey to homeownership with the assistance provided by MCHAF Phase VI!

Remember to visit the MCHAF Phase VI webpage for detailed information and updates on the program. If you are a Montgomery County Employee you will have access to a few different options. Please click on the apply now tab.  This is truly the best Montgomery County Down Payment Assistance Program, you can receive up to $25,000 just as a First Time Home Buyer in Montgomery County, MD.

Call or email me with any questions

410-206-1212 Office

410-301-0942 Mobile

Michael@yourhomepurchase.org

Contact us today to see if you qualify for the Montgomery County First Time Home Buyer Grants

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