FHLBank Atlanta First-Time Homebuyer Product

FHLBank Atlanta First-Time Homebuyer Product es un préstamo condonable para compradores de vivienda en Baltimore, Maryland. FHLBank Atlanta Affordable Housing Program 'First-time Homebuyer Product' (FHP). Up to $17,500 forgivable assistance (5-year retention) for first-time buyers at 80% AMI. Funded by FHLB Atlanta; disbursed through member-institution lenders. Available statewide (and across FHLB Atlanta district: AL/DC/FL/GA/MD/NC/SC/VA); Live Baltimore is a Baltimore-City community partner. Up to $17,500 in down payment, closing cost, and/or rehabilitation assistance for first-time homebuyers (increased from $12,500 in 2024 to $17,500 in 2025-2026). Structured as a 5-year forgivable second mortgage retention agreement, secured by a deed restriction. Funded by Federal Home Loan Bank of Atlanta's Affordable Housing Program (AHP) and disbursed through FHLBank Atlanta member institutions. Live Baltimore is a community partner that markets the FTHP product to Baltimore City buyers. eligible buyer can use ANY participating FHLBank Atlanta member bank as the first-mortgage lender. 80% AMI cap. First-time homebuyer required (3-year lookback). Buyer must contribute $1,000+ of own funds. Counseling certificate required from city-approved agency. Eligible properties: owner-occupied 1-4 family, townhouse, condo, foreclosed property, cooperative, manufactured/mobile home, new construction (within 30 days of closing). Los fondos provienen de FHLB AHP (Federal Home Loan Bank of Atlanta Affordable Housing Program).

FHLBank Atlanta First-Time Homebuyer Product ofrece hasta $12,500 de ayuda. Aporte del comprador de vivienda: Buyer must contribute at least $1,000 of own funds. El programa se puede combinar con otras ayudas, sujeto a las reglas de cada una. Los montos son los máximos publicados por el programa, no una oferta: la agencia que administra el programa determina cualquier ayuda individual.

FHLBank Atlanta First-Time Homebuyer Product se perdona después de 5 años, así que un comprador de vivienda que se quede ese tiempo no lo devuelve. El reembolso se activa por 5-year retention period (deed restriction). If sale/transfer/cash-out refi/non-owner-occupancy within 5 years, prorated unforgiven AHP subsidy is recaptured by FHLBank Atlanta. Forgiven 1/60 per month over 60 months (effectively 5 years prorated). La ayuda se registra con un gravamen en posición 2. Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

FHLBank Atlanta First-Time Homebuyer Product está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Primera vez” tiene excepciones aquí: Standard 3-year FTHB lookback. Displaced-homemaker / single-parent exceptions per HUD. Sobre el crédito, el programa indica: No FHLBank Atlanta-published FHP minimum; first-mortgage lender's product minimums apply. Se requiere un curso de educación para compradores de vivienda, a través de Baltimore City-approved homeownership counseling agencies. HUD-approved counseling required by FHLBank Atlanta. Requisito de residencia: Property must be in FHLB Atlanta district (Maryland eligible) and serve as primary residence. For Live Baltimore-marketed application, property in Baltimore City. Ciudadanía o situación migratoria: Per first-mortgage product rules. First-time homebuyer (no primary residence ownership in past 3 years). Household income at or below 80% AMI for area (Baltimore HMFA: ~$68,450 1-person to $129,050 8-person). Owner-occupied primary residence. $1,000+ buyer contribution. HUD-approved homeownership counseling completed before closing. Must originate first mortgage with FHLBank Atlanta member institution. 5-year retention period - if property is sold/transferred/refinanced (cash-out)/non-owner-occupancy within 5 years, prorated unforgiven balance recaptured by FHLBank Atlanta. Eligible 1-4 family owner-occupied (subject buyer occupies one unit). Apply through participating member lender's AHP coordinator.

FHLBank Atlanta First-Time Homebuyer Product limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Household income at or below 80% AMI (per HUD for property's MSA). Baltimore-Towson HMFA 2026 80% AMI: ~$68,450 (1-person) to $129,050 (8-person). El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

FHLBank Atlanta First-Time Homebuyer Product limita el precio de compra así: No FHLBank Atlanta-published purchase-price ceiling; subject to first-mortgage lending limits. Los tipos de propiedad elegibles incluyen Single-family detached, Townhome, Rowhouse, Condominium, 2-4 unit owner-occupied, Cooperative, Manufactured home y New construction. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

FHLBank Atlanta First-Time Homebuyer Product atiende a compradores de vivienda que compran en Baltimore, Maryland.

Las solicitudes de FHLBank Atlanta First-Time Homebuyer Product se tramitan a través de la agencia que administra el programa, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Apply through FHLBank Atlanta member institution (your first-mortgage lender). FHP funds reserved at lock; member submits to FHLB Atlanta AHP system. First-come, first-served within annual FHLB Atlanta funding allocation. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.