Friday, September 30, 2011

Home buying grants for DC Govt. Employees

Program of the Week!!!!

                     Employer-Assisted Housing Program                          
The Employer Assisted Housing Program (EAHP) provides District of Columbia Government employees with an increased opportunity to become first-time homeowners in Washington, D.C. Through EAHP, the Department of Housing & Community Development (DHCD) provides eligible applicants with
Matching down payment funds of up to $1,500 
     ($500 for each $2,500 saved by an employee) 
A deferred second trust loan of up to $10,000.00
       To be eligible for EAHP assistance, an applicant:

Must be a full-time District of Columbia; Government employee.*
Must be a first-time homebuyer in the District of Columbia
Must have sufficient income to afford a mortgage loan from a private lender
Must possess a good credit rating  (620)
* Available to most government workers after one year of employment; available to police officers, teachers, fire-fighters and EMTs upon appointment.
  Derick W. Hungerford
RMC Residential Mortgage Corporation
9701 Apollo Drive Suite #230
Largo, MD 20774
Office : (301) 773.9811

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