There are many programs available, but a review of your full financial picture and particular areas of interest would be needed to determine which ones would be options for you. Let me know if I may be of assistance.
There are downpayment assistance programs available to you and your wife at your income level. Each program have certain areas of coverage within Maryland and within the targeted counties. Once you have decided which Realtor to use, that Realtor will be able to give you details about the programs that you qualify for. So yes, credit permitting, you could get up to $5K or more in downpayment assistance.
I suggest exploring the USDA loan product. With USDA, you don't have to put any money down!
Feel free to contact us for more assistance. We'd be happy to answer any questions and/or concerns you may have.
Wishing you the best,
CDA is an valuable opt offering a possible 3 closing assistance. Coupled with another 3% you have closing cost and more on your behalf. you have your down payment. Depending on where you are lookng to buy Suitland has a program called Buy Suitland. College Park and Bowie have programs for teachers and police. .