*What is a soft second mortgage?
This $40,000 loan from Baltimore County, arranged by DRC, reduces the amount you need to qualify for on your first mortgage (so if the sale price is $160,000, the actual amount of your first mortgage would be $120,000). The $40,000 loan requires no monthly payments or interest, and it is fully forgiven after 15 years. If you move before
15 years, you pay back a portion of the funds, depending on how long you’ve owned.
26 Admiral Blvd. $174,500 Available Now!
End of group in Historic Dundalk 3 bedroom, 1.5 bath DRC Renovation – eligible buyers may qualify for $40,000 soft second mortgage full listing details
3032 Liberty Pkwy $149,900 Available Now! Under Contract
– eligible buyers may qualify for $40,000 soft second mortgage listing details
6825 Dunhill Rd. $199,000 SOLD
3 bedroom, 2.5 bath single family DRC renovation comes – eligible buyers can get $40,000 soft second mortgage. Coldwell full listing details
9 Arrowship $175,000 SOLD
3 bedroom, 2 bath duplex DRC renovation in historic Dundalk, hardwood floors, sun-room, garage, – eligible buyers may qualify for $40,000 soft second mortgage. Full listing details.
Renovations by Dundalk Renaissance Corporation Partners
Dundalk Renaissance Corporation partners with several local construction companies to fully renovate homes in the Dundalk area.
These homes have been completely gutted and re-done, giving you the chance to own a gorgeous home completely done on the inside, with the same historic charm on the outside! All of our 2015 properties renovated through this program have been sold. But we encourage you to contact our partners to see what else they may have available now!
Our 2014-15 partners:
Charm City Builders – email@example.com
Stacey Evers/C. Evers Home Improvements – Cell: 443.991.9394
Amanda Wolinski – Cell: 443-528-6291 Email: Amandawolinski99@gmail.com
We have been awarded more funding to continue this program in 2016, stay tuned for more houses available later this Spring, 2016!
If you are an investor, please contact us at firstname.lastname@example.org today and we will keep you apprised of program news for 2016.
If you are a buyer, please contact our investor partners (info. above) to see what other houses they have available in the area right now! They do great work!
Homes in 21222 are eligible for our 2016 $5,000 Dundalk home buyer grant!
Be sure to visit our Featured Homes page frequently to see more affordable, beautiful homes in 21222!
Note: You may do an online search for more homes in 21222.