HARBEL Housing Partnership
First-Time Home Buyers Settlement
& Mortgage Assistance Guide
Important Information
• Clients will receive detailed information and a written guide containing
information about the various mortgage loans and settlement and mortgage assistance
information at the time of their home buyer workshop, including income guidelines
for the following programs.
• Most of the settlement and mortgage assistance programs require not only your attendance at a workshop, but that you have one-on-one counseling prior to submitting a contract offer. In addition, Baltimore County’s
MALP and SELP programs required the attendance at a Pre-settlement workshop
prior to contract.
• The availability of funding for settlement and mortgage assistance is
limited. The guidelines for the assistance programs may change at any time.
Contact Information Regarding Settlement & Mortgage Assistance Options in Baltimore City and Baltimore County.
State-Wide Programs
Federal Home Loan Bank of Atlanta’s First-Time Home Buyer Program (FHP)
$10,000 settlement assistance / down payment loan program for first-time
home buyers. New funds are available after January 1 every year. Workshop attendance and counseling are required. Funds are available only through a participating bank, savings & loan
or credit union.
State of Maryland's Programs • 1-800-638-7781
www.mmprogram.com
DSELP, House Keys 4 Employees and Smart Keys 4 Employees Program, and
MMP
Baltimore County Programs
Baltimore County - Office of Community Conservation - Housing Opportunities
Program • 410-887-3124
www.baltimorecountymd.gov
Baltimore County NSP – up to $50,000 mortgage and settlement
assistance loans for the purchase of bank-owned foreclosed houses
Baltimore County SELP – $10,000 settlement expense
loan program
Baltimore County MALP – $25,000 mortgage assistance
loan program
Funding is limited and available only in designated communities. Two
workshops and counseling are required prior to submitting a contract offer.
Baltimore City Programs
Baltimore City CDBG • 410-396-3124
www.baltimorehousing.org
Funding is limited. Workshops and counseling are required prior to submitting
a contract offer.
Healthy Neighborhoods Program • 410-396-3124
www.baltimorehousing.org
Check website for details and current participating neighborhoods.
City Employee Program • 410-396-3124
www.baltimorehousing.org
Check website for details. Workshop and Counseling are required before
contract.
Buy into Baltimore Fairs • 410-637-3750
www.livebaltimore.com
Check website for details. Workshop and Counseling are required before
contract.