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.morehouse4less.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 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 ADDI  • 410-396-3124
www.baltimorehousing.org  
Funding for this was suspended in September of 2007.
 
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.