If you are looking to purchase a home in the Baltimore County area, but need help with down payment and closing costs, then 1st Mariner Bank has just the answer: the “Baltimore County Settlement Expense Loan Program” (SELP) as offered through the Department of Planning and Housing Opportunities of Baltimore County. This program is an effort to encourage first time homebuyers to consider home ownership in existing residential communities in Baltimore County. Located within the Communi... [More]
Are you looking to purchase a home in Anne Arundel County, but short on funds for a down payment or closing costs? 1st Mariner Bank offers a program called, “The Mortgage Assistance Program” (MAP) that can provide up to $20,000 in assistance for the purchase of an owner occupied home anywhere in Anne Arundel County, including the city of Annapolis.
The maximum sales price allowed for an existing home is $242,000 while a new construction sales price limit is $295,000. These funds are ... [More]
Are you in the market to buy a home? If you're a first-time buyer looking to purchase a home in Baltimore City, but short on funds for down payment and closing costs or looking for a home within a particular price range, let 1st Mariner Bank show you the way. For qualified individuals, we can show you how the different grant and closing cost programs can provide you with the funds needed to make your transaction complete. Here are a few of those programs:
Buying into Baltimore
This trolley tour ... [More]