FHLBank Atlanta First-Time Homebuyer Product

At a Glance

Up to $12,500 down payment and closing cost assistance, 5-year forgivable loan

Who's Eligible?

Baltimore City homebuyers who meet income and other program requirements

To Get Started

Complete homeownership counseling and contact a FHLBank Atlanta-approved lender

The First-Time Homebuyer Product is provided for the purchase or purchase and rehabilitation of a home. Eligible properties include owner-occupied 1-4 family properties, townhouses, condos, foreclosed properties, cooperatives, manufactured and mobile housing, and new construction (within 30 days of closing).


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


  • You must earn a homeownership counseling certificate before closing on your home.
  • You must live in this home as your primary residence.
  • You must use an FHLBank Atlanta-approved lender.
  • You must apply and be approved prior to closing on your home. Program funds are not retroactive.
  • You must contribute at least $1,000 of your own money to your home purchase.
  • Household income cannot exceed 80% AMI
  • First-time homebuyers only


Federal Home Loan Bank of Atlanta (FHLBank Atlanta)

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.
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