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HOMEBUYER SAVINGS

My HOME II Offers Up to $20,000 to Prince George's County Homebuyers
Towards Down Payment and Closing Costs

The Prince George's County Department of Housing and Community Development's (DHCD) My HOME II Program provides up to $20,000 towards down payment and closing costs for first-time homebuyers or those not owning a home within the last 3 years, and applicants may earn up to 120% of the Area Median Income. My HOME II is open to even more buyers with its higher income limits, and in 14 Prince George's County zip codes.

The County Redevelopment Authority has over $5 million dollars available for first time homebuyers to use to purchase a home in Prince George's County. For information on how to get started call 301-883-5456.

My HOME II Quick Facts:
  • My HOME covers purchase of all residential property types in 14 Prince George's County zip codes, including short sales, re-sales, foreclosures, single family, townhome, condominium, new construction.
  • The buyer must occupy the home as their principal residence.
  • Applicant must be a first time home buyer, defined as "not owning a home within last three years."
  • Buyer must contribute 1.75% of sale price towards the purchase of the property.
  • Applicants must attend 8 hours of HUD approved financial counseling classes.
  • Buyer must qualify for the first mortgage through a Participating Lender.
  • Applicant must have an eligible ratified Contract of Sale on a residential property located in one of Prince George's Counties eligible zip codes.

Eligible County Zip Codes

ZIP CODE

COMMUNITY

20706
Lanham
20710
Bladensburg
20722
Brentwood
20737
Riverdale Park
20743
Capitol Heights
20744
Fort Washington
20745
Oxon Hills
20746
Suitland
20747
District Heights
20748
Temple Hills
20772
Upper Marlboro
20774
Upper Marlboro/Largo
20784
New Carrollton
20785
Landover/Hyattsville

Additional Homebuyer Qualifications:

9200 Basil Court   |   Suite 400   |   Largo, MD 20774   |   Phone 301-306-7900   |   Fax 301-306-8273   |   info@pgcar.com   |   Contact Us
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