Unlocking Homeownership: The ACDS Mortgage Assistance Program
If you’re dreaming of homeownership in Anne Arundel County but finding the upfront costs intimidating, there’s good news—help is available. The ACDS Mortgage Assistance Program is here to make your journey into homeownership more accessible and affordable.
What Is the ACDS Mortgage Assistance Program?
Offered through the Anne Arundel County Community Development Services (ACDS), this program provides eligible homebuyers with down payment and closing cost assistance when purchasing a home in the county. Designed to support low- and moderate-income households, the goal is to help qualified buyers overcome the financial hurdles of homeownership.
Program Highlights
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Generous Assistance: Buyers may receive up to $50,000 in assistance for down payment and closing costs.
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Income-Based: Assistance is available for households earning up to 100% of the area median income (AMI).
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Homebuyer Education: Participants must complete a HUD-approved homebuyer education course, empowering them to make informed financial decisions.
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Primary Residence Requirement: The home must be used as the buyer’s primary residence and located within Anne Arundel County.
Eligibility Snapshot
To qualify, applicants must:
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Be first-time homebuyers or not have owned a home in the past three years.
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Have stable employment and meet income guidelines.
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Contribute a minimum of 2% of the purchase price from personal funds.
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Purchase a home priced within program limits (currently $361,000 for existing homes and $379,500 for new construction).
Why It Matters
The ACDS Mortgage Assistance Program doesn’t just open doors to homeownership—it supports financial stability and long-term wealth-building. By easing the upfront costs, it gives more families the opportunity to build roots and invest in their future.
Ready to Learn More?
Whether you’re an aspiring homeowner or a real estate professional guiding buyers, the ACDS Mortgage Assistance Program is a powerful resource worth exploring. For full program details and to begin the application process, visit www.acdsinc.org or contact ACDS directly.
Homeownership is within reach—sometimes, all it takes is a little help to get started.
Contact the MD Team: Rick Hennen 410-858-8853 to get started | rhennen@southerntrust.com | NMLS#662158
