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Howard Co. offers loan program for home buyers

Posted: 2:08 AM, Aug 16, 2018
Updated: 2018-08-16 06:08:55Z

$500,000 has been set aside to help prospective home buyers in Howard County.

The county's Settlement Downpayment Loan Program helps working families afford houses.

Money is available through the program to families that qualify.

People who want to apply for funds through the program can contact a participating first mortgage lender to start an application.

A list of approved lenders can be found on the SDLP website at  www.howardcountymd.gov/Settlement-Down-Payment-Loan-Program .
 
For more information and for lenders who are interested in participating, contact Linda Phillips, SDLP Administrator with DHCD, at 410-313-6328 or email lphillips@howardcountymd.gov, or visit the SDLP website at  www.howardcountymd.gov/Settlement-Down-Payment-Loan-Program .