Effective 2/23/10, the 3% and 2% grants, by raising the rate, will no longer be offered. CDA has also announced that the rates will be lowered by .5%. That means 5.25% 0 points 5.125% with 1 point, 5% with 2 points and 4.875% with 3 points.
Remember, Prince Georges County employees can receive up to $18,500 in County grants and State 0% loans.
Don’t forget that Teachers get a discounted rate for Transfer tax and officers are exempt.
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