How Prince George’s County $50,000 Homebuyer Grant Works
The Pathway to Purchase program provides up to $50,000 in assistance that can be used for:
The assistance is structured as a 0% interest deferred second loan, meaning there are no monthly payments required on the assistance.
If the homeowner occupies the property as their primary residence for 10 years, the assistance may be fully forgiven.
If the home is sold, transferred, cash-out refinanced, or converted to a rental property during the 10-year period, a prorated portion of the assistance must be repaid.
Who Qualifies for the Prince George’s County Down Payment Assistance Program
To qualify for the Pathway to Purchase Program, borrowers must meet the following requirements.
| Household Size | Maximum Household Income |
|---|---|
| 1 | $91,800 |
| 2 | $104,900 |
| 3 | $118,000 |
| 4 | $131,100 |
| 5 | $141,600 |
| 6 | $152,100 |
| 7 | $162,600 |
| 8 | $173,100 |
Homebuyer Education Requirement
All borrowers must complete an 8-hour homebuyer education course from a HUD-approved housing counseling agency.
This course prepares buyers for the home purchase process and is required before the Pathway to Purchase loan can be approved.
Home Inspection Requirements
Homes purchased using the Pathway to Purchase program must pass a Housing Quality Standards (HQS) inspection.
The inspection must be performed by:
American Property Consultants (APC)
Inspection costs are typically:
Inspection requests can be scheduled at:
www.hudpass.com
Important inspection requirements include:
Eligible Homes for the Prince George’s County Homebuyer Grant
Eligible properties must be located in Prince George’s County and may include:
The property must be used as the borrower’s primary residence.
Investment properties and second homes are not permitted.
Interest Rate and Loan Terms
The Pathway to Purchase assistance loan includes, with conditions:
The assistance is recorded as a second lien on the property.
How to Apply for the Prince George’s County Pathway to Purchase Program
The approval process for the $50,000 homebuyer assistance program generally includes the following steps:
- Obtain initial mortgage approval from a participating lender
- Complete a HUD-approved homebuyer education course
- Enter into a purchase contract for a home in Prince George’s County
- Schedule and complete the Housing Quality Standards inspection
- The lender submits the Pathway to Purchase application to the County
- The County reviews the application for program compliance and eligibility
- If approved, the assistance funds are provided at settlement
The Pathway to Purchase file must be submitted with at least 21 business days remaining before settlement for the application to be accepted.
Why Prince George’s County Offers the $50,000 Homebuyer Assistance Program
Prince George’s County created the Pathway to Purchase program to expand homeownership opportunities and strengthen local communities. By helping buyers overcome the upfront cost of purchasing a home, the program supports long-term homeownership, neighborhood stability, and the ability for residents to build wealth through home equity.
