True." Hi guys, welcome back to my YouTube channel. This is Jasmine Doster, your local real estate agent here in the Maryland DC metropolitan area. So, today's video is going to be for you first-time home buyers out there. I'm going to be reviewing some of the down payment assistance programs that are available and can help you with funding your new home purchase. The state has a few different programs that try to make it more feasible for someone to purchase their own home. So, I'm going to be reviewing the ones that are available for Prince George's County, Anne Arundel County, and Montgomery County. The first one that I'm going to be going over is the Prince George's County Pathway to Purchase program. This is a great program for first-time home buyers. You can be eligible for up to ten thousand dollars, which can go towards your down payment or closing costs for your home. The Pathway to Purchase is a zero percent interest deferred payment loan, which is awesome. The loan is forgiven after 10 years. So, if you plan on living in this house for a really long time, you may not even have to pay it back. If you do decide to sell the home before that 10-year period, then it would be due when you sell the house. The limits include the purchase; if it's a resale and someone has lived in the house before, you can get up to $337,000. If it is a new construction home, you can get up to $399,000. If you'd like more information on this, you can visit princegeorgescountymd.gov/pathwaytopurchase. Okay, so that is for Prince George's County. The second loan that I'm going to be going over is the Prince George's County Purchase Assistance Program. The Purchase Assistance Program is...
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