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Settlement Downpayment Loan Program – Howard County

Howard County in Maryland has a first time home buyer program called the Settlement Downpayment Loan Program (SDLP). This program is a down payment assistance loan up to $40,000 for down payment and closing costs. The interest rate on the loan is 2% below the first mortgage interest rate.

Are you a first time home buyer? Follow this three step process to get started:

1. Credit Score: Click here to get a copy of your credit score.
2. Mortgage: Once you know your credit score, click here to apply for a mortgage at one of the most trusted mortgage companies on the internet.
3. Home Search: Click here to find a real estate agent that specializes in First Time Home Buyers.

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