Baltimore City Employee Homeownership Program

At a Glance
$5,000 down payment and closing cost assistance, 5-year forgivable loan
Who's Eligible?
Employees of Baltimore City agencies and quasi-City agencies who meet program requirements
To Get Started:
Complete homeownership counseling and a program application

The Baltimore City Employee Homeownership Program is a benefit to all full-time, permanently employed individuals of Baltimore City agencies or quasi-City agencies. Eligible employees purchasing their home in Baltimore City should apply.

PROGRAM BENEFIT

This program reduces the amount of money you’ll need up-front to buy your home.

ELIGIBILITY & LIMITATIONS

  • You must earn a homeownership counseling certificate before making an offer on your home.
  • You must contribute at least $1,000 of your own money to your home purchase.
  • You must live in this home as your primary residence.
  • Your mortgage amount cannot exceed the current FHA mortgage limit of $632,500 for a single-family home.
  • Fixed-rate mortgages only. Co-signers, cash sales, and owner-financing are not permitted.
  • No household income restriction
  • Not limited to first-time homebuyers

PROGRAM CONTACT

Baltimore City Department of Housing and Community Development, Office of Homeownership

Marilyn Hinton-Brown
(410) 396-4104
Email
Website

 

We're here to help.

Have more questions about this or other Baltimore City homeownership incentives? We're here to help! Send us an email or give us a call at (410) 637-3750. A Live Baltimore team member can walk you through your options.
Contact Us

Lenders Familiar with This Program

Benchmark Mortgage
Fairway Independent Mortgage Corporation
First Home Mortgage
Fulton Mortgage Company
MECU Credit Union
Meridian Bank
Neighborhood Housing Services of Baltimore
Prosperity Home Mortgage, LLC