FHLBank Atlanta Veterans Purchase or Purchase / Rehabilitation Product

At a Glance
Up to $7,500 down payment and closing 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 Veterans Purchase or Purchase/Rehabilitation Product is for homebuyers that are currently serving or have served in any branch of the U.S. military, their spouses, or their surviving spouses. National Guard Reservists are eligible if they have served in active duty or performed services in active duty or were injured in active duty. Eligible properties include owner-occupied 1-4 family properties and manufactured housing.

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 closing on your home.
  • You must live in this home as your primary residence.
  • You must use a FHLBank Atlanta-appoved lender.
  • You must apply and be approved prior to closing on your home. Program funds are not retroactive.
  • Household income cannot exceed 80% AMI
  • Not limited to first-time homebuyers

PROGRAM CONTACT

Federal Home Loan Bank of Atlanta (FHLBank Atlana)
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.
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Federal Home Loan Bank of Atlanta Program-Approved Lenders

BB&T Home Mortgage