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BALTIMORE (WJZ) — The Maryland Department of Housing and Community Development’s Maryland Mortgage Program is launching a variety of new home loan products to provide more flexible options for down payments and closing cost assistance, according to housing officials.

The new financial assistance will help additional Marylanders buy their dream home.

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“In this challenging housing climate, when interest rates are increasing and affordable housing inventory is low,  the state of Maryland is always looking for innovative offerings to make homeownership affordable,” Department of Housing and Community Development Secretary Kenneth Holt said. “Our Maryland Mortgage Program is nationally-recognized for a diversified product line, and we are constantly evaluating new products that give Marylanders the best option for homeownership.”

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The Maryland Mortgage Program has for the past three years averaged over $1 billion in home loan reservations, helping about 4,000 Marylanders acquire homes, according to housing officials.

The Fiscal Year 2023 new loan products include:

  • Base down payment assistance will be increased from $5,000 to $6,000.
  • SmartBuy, which offers student debt relief to homebuyers, will provide an extra down payment assistance option of a 4% loan. SmartBuy borrowers can choose between $6,000 or a 4% down payment and closing cost assistance loan in addition to student debt relief up to $30,000.
  • HomeStart is a new loan product for borrowers with income below 50% AMI to assist them with a 6% down payment and closing cost assistance loan.
  • HomeAbility, for homebuyers with disabilities, to provide increased funding and a flexible loan structure.
  • Montgomery Homeownership Program VII reopens for the seventh year in a row and will offer up to $25,000 in down payment assistance, in partnership with Montgomery County.
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To learn more about these products go to visit mmp.maryland.gov and contact a participating lender.

News Source: cbslocal.com

Tags: baltimore news home loans loan assistance maryland department of housing baltimore news student debt relief assistance the maryland

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Britney Spears breaks her silence after ex reveals her sons have refused to see her for months

BRITNEY Spears has broken her silence after it was revealed she hasn’t seen her sons for months.

In a new interview Britney’s ex husband told how to  Preston, 16, and Jayden, 15, have made the decision not to see her.

3 Britney's boys Preston and Jayden are having time apart from their mum 3 Britney Spears has opened up about the hurtful interviewCredit: Instagram

Hitting back, the pop star – described being ‘saddened’ by the ‘hurtful’ move – as she insisted she ‘gave them everything’.

In an emotional post, she wrote: “It saddens me to hear that my ex-husband has decided to discuss the relationship between me and my children.

“As we all know, raising teenage boys is never easy for anyone. It concerns me the reason is based on my Instagram. It was LONG before Instagram.

“I gave them everything

“One word: Hurtful... I'll say it... My mother told me "you should GIVE them to their dad" ... I'm sharing this because I can!!!”

In an explosive interview, her former husband Kevin, 44, said: “The boys have decided that they are not seeing her right now.

“It’s been a few months since they’ve seen her. They made the ­decision not to go to the wedding.

“It’s been tough. It’s the most ­challenging thing that I think I’ve ever had to do in my life.”

Kevin went on to say he has “apologised” to Preston and Jayden over the stream of online pictures posted by their mother.

In a series of interviews, parts of which will be aired on ITV News this week, he tells me: “I try to explain to them, ‘Look, maybe that’s just another way she tries to express herself’.

"But that doesn’t take away from the fact of what it does to them. It’s tough.”

In June, Britney, 40, married her partner Sam Asghari, 28, and bought a sprawling £10million mansion a stone’s throw from the Federline ­family home in Los Angeles.

Her glitzy wedding to the model and personal trainer was attended by celebrities including Madonna and Paris Hilton — but the majority of the Spears clan did not receive an invite.

Preston and Jayden were on the guest list but decided not to go after they halted contact with Britney ­several months ago.

Kevin said: “They were happy for her but as they’re not seeing her right now, they made the decision not to go to her wedding.”

3 Kevin says he explains to the boys that Britney's naked posts are her way of expressing herself

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