Up to $50,000
For eligible down payment and closing cost needs on qualifying Prince George’s County properties.
Prince George’s County · Down Payment Assistance
Up to $50,000 for Eligible Homebuyers.
Prince George’s County’s Pathway to Purchase program may help eligible buyers with down payment and closing cost assistance when paired with an eligible Maryland Mortgage Program first mortgage.
Subject to buyer, property, condo project, MMP, county, lender approval, and funding availability.
Pathway to Purchase assistance
$50,000
Up to $50,000 may be available as a 0% interest assistance loan. The balance decreases by 10% per year and may be fully forgiven after 10 years if program requirements are met.
Buyer and Realtor Opportunity
Some Prince George’s County condos may be more financeable than buyers realize.
Before assuming a condo is cash-only or too difficult to finance, let’s review the project, the buyer profile, and the available first mortgage and assistance options.
Program Overview
Assistance
Interest Rate
Forgiveness
What is Pathway to Purchase?
Prince George’s County, through its First Time Home Buyers Assistance Programs, can provide eligible homebuyers with up to $50,000 in down payment and closing cost assistance for eligible properties located in Prince George’s County.
Homebuyers may be able to combine this assistance with an eligible Maryland Mortgage Program mortgage. The borrower must first get pre-approved through an MMP-approved lending channel. The lender then submits a separate application to Prince George’s County for Pathway to Purchase funds.
Pathway to Purchase and the Maryland Mortgage Program are separate programs. Funding availability, process timing, documentation, and final approval must be confirmed before relying on the assistance.
0% Interest
Pathway assistance is structured as a 0% interest loan, subject to program terms.
10-Year Path
The assistance decreases by 10% per year and may be fully forgiven after 10 years.
Eligible MMP loan paths
These options can allow the buyer to pair a Maryland Mortgage Program first mortgage with Prince George’s County assistance.
| Option | How it works | Why it matters |
|---|---|---|
| 1st Time Advantage Direct | The MMP-approved lending channel submits the borrower’s pre-approval to apply for Pathway to Purchase funds. If Pathway approves assistance up to $50,000, the lender submits the reservation to MMP for the first mortgage. | This option uses the 1st Time Advantage Direct first mortgage, which is designed to access the lowest interest rate available through the Maryland Mortgage Program at the time of reservation. |
| 1st Time Advantage 6000 with CPIP | The lender submits the borrower’s pre-approval to Pathway to Purchase, including the CPIP Verification of Partner Contribution form. If Pathway approves the assistance, the lender submits the MMP reservation for 1st Time Advantage 6000 with CPIP. | This structure may provide additional Maryland Mortgage Program assistance in addition to the Pathway to Purchase funds, subject to program rules, approval, and availability. |
Important: Pathway to Purchase funding is separate from MMP. MMP does not control the county’s
process. Every buyer, Realtor, and lender should confirm current funding availability and current program requirements
directly before relying on the assistance.
Who and what may qualify?
Final eligibility depends on current guidelines, funding availability, underwriting, property review, and county approval.
For eligible homebuyers
- Buyer must get pre-approved through an MMP-approved lending channel before applying to Prince George’s County.
- Buyer must complete an 8-hour class through a HUD-certified housing counseling agency.
- The home must be used as the buyer’s primary residence.
- Income, credit, employment, first-time buyer, underwriting, and program guidelines apply.
- The buyer applies separately for the MMP mortgage and the Pathway to Purchase assistance.
For eligible properties
- The property must be located in Prince George’s County.
- Eligible residential properties may include new construction, resale homes, short sales, and foreclosures.
- Condominiums may be eligible when the property and condo project meet applicable requirements.
- The property must pass the required Housing Quality Standards inspection after the contract is ratified.
- Property condition, condo documentation, and mortgage guidelines still matter.
Prince Place / Upper Marlboro
Prince Place condos may have more financing options than people realize.
A recent review involving 10117 Prince Pl Unit 303-2B, Upper Marlboro, MD 20774 raised an important local opportunity: some buyers, sellers, and agents may assume these condos are difficult to finance when they may deserve a second look.
If you are buying, selling, or representing a client in Prince Place or another Prince George’s County condo community, do not assume the property is cash-only or impossible to finance without reviewing the details.
- Conventional-style MMP financing may be available for eligible scenarios.
- Pathway to Purchase assistance may help qualified buyers with down payment and closing costs.
- Condo project documentation, buyer profile, occupancy, and program guidelines must be reviewed.
- Realtors and sellers may be able to expand the buyer pool by understanding the financing path.
How the process works
The order matters. Buyers should start early because the county review and HQS inspection can add time to the normal mortgage process.
1
Talk to a lender
Start with a preliminary review for MMP first mortgage eligibility, including income, credit, and employment.
2
Complete education
Complete the required 8-hour homebuyer education class through a HUD-certified housing counseling agency.
3
Work with a Realtor
Find an eligible Prince George’s County property and ratify a contract that allows time for review.
4
Schedule HQS
The Housing Quality Standards inspection is completed after the contract is ratified and must pass.
5
Submit package
After conditional first mortgage approval and HQS completion, the lender submits the Pathway application.
6
Allow time to close
Buyers should allow at least 21 business days for program processing before the county coordinates funds at closing.
Questions? Send the scenario.
This form can be used by buyers, Realtors or sellers owners who want a quick review.
Program and financing disclaimer: This page is informational and does not guarantee eligibility,
approval, funding availability, or specific terms. Pathway to Purchase, Maryland Mortgage Program options, lender
guidelines, county requirements, property eligibility, condo project requirements, income limits, purchase price limits,
inspection requirements, and assistance amounts can change. All loans are subject to credit approval, property approval,
underwriting approval, program approval, and funding availability.