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| FIRST-TIME BUYER PROGRAM | BALTIMORE COUNTY S.E.L.P. | REALTOR AFFILIATES | LENDER PARTNERS | ||
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Baltimore County SELP Dollars are Available to Help your Home Buyers! The Baltimore County SELP program offers a great opportunity for 1st time home buyers interested in the older communities of the County. Loans are available from $1,000 to $5,000 and repayment is deferred until the property is sold, refinanced, transferred, or the borrower non longer occupies the home. Interest
of 5% is charged on the loan amount for the first year only. Buyer must attend an education workshop and individual counseling prior to contract. Household incomes must be at or below 80% of median income (see chart below) |
Baltimore County SELP Designated Housing Counseling Agencies Call
one of the Housing Counseling Agencies listed below for more information. HARBEL
Housing Partnership Eastern
Baltimore Chamber of Commerce NHS
of Hillendale Liberty
Randallstown Coalition |
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HUD Income Guidelines for Baltimore County SELP and the FHLB’s FHP |
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Household Size |
Household Income |
Household Size |
Household Income |
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| 1 | $37,200 | 5 | $57,350 | |
| 2 | $42,500 | 6 | $61,600 | |
| 3 | $47,800 | 7 | $65,850 | |
| 4 | $53,100 | 8 | $70,100 |