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FHLB First-Time Homebuyer Program
Federal Home Loan Bank (FHLB)
FHLB First-Time Homebuyer Program is a
program that provides low and moderate income homebuyers with up to $5,000 in matching funds for downpayment and closing cost assistance from FHLB-member banks. CYCLE opened January 17, 2012 and continues until all available funds are disbursed. Qualified lenders in Maryland include: Advance Bank; Chesapeake Bank of Maryland; Hamilton Federal; Rosedale Federal S& L Assn.; Presidential Bank; Severn Savings Bank; Columbia Bank; First United Bank & Trust; First Mariner Bank; Carrollton Bank; Madison Square Bank; American Bank; OBA Bank; Damascus Community Bank; Eastern Savings Bank; State Employees Credit Union of Maryland. Potentially, all locations in Maryland are eligible. Participating lenders may have geographic or demographic restrictions.
Property Eligibility Requirements
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accurate and up to date information on housing programs displayed
on this site. Some inaccuracies may exist. For verification contact
a certified REALTOR member or a participating Lender.
For more information about this and other homebuyer programs please
contact one of the following:
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