Financing Options for Real Estate in Baltimore County: A Comprehensive Guide

Are you looking to purchase real estate in Baltimore County? If so, you may be eligible for special financing options. The Settlement Loan Program (SELP) provides assistance to first-time homebuyers with low and moderate incomes. Maryland offers a lot of help to first-time homebuyers, including special counseling and mortgages, as well as education courses. Qualifying individuals may even be eligible for cash assistance to cover the down payment and closing costs.

Baltimore County also offers a property tax credit to the surviving spouse of a fallen law enforcement officer or first aid worker, including volunteers. This credit is designed to help law enforcement personnel, fire personnel, and rescue workers (including volunteers) who have suffered a permanent and total disability while serving the citizens of Baltimore County. LifeBridge employees who purchase homes in Baltimore County communities near LifeBridge health centers are eligible for this program. If you're a homeowner in Baltimore County and are having problems with mortgage payments or other housing costs, you can learn about the Maryland Homeowner Assistance Fund. Additionally, Baltimore County offers a variety of real estate tax credits designed to allow homeowners to limit their tax exposure and take advantage of the savings offered by the county.

Disabled Veterans

Disabled Veterans may be eligible for an exemption from all real estate tax obligations in Baltimore County.

As defined in Section 11-2-106 of the Baltimore County Code, this law is designed to exempt the home of a disabled veteran or the surviving spouse of a disabled veteran from all real estate tax obligations in Baltimore County. To apply for this exemption, you must submit an application to the Maryland Department of Assessments and Taxation. Then, send a copy of the approved exemption to the Baltimore County Council along with a letter requesting that a refund be granted.


Developers are encouraged to seek all available funding sources and not to view Baltimore County as a primary or sole source of project funding. As defined in Section 11-2-110 of the Baltimore County Code, the conservation land tax credit is granted to owners of real estate that qualifies as conservation land.

Additionally, Section 11-2-202 of the Baltimore County Code outlines the revitalization property tax credit which is available based on qualifying improvements to a mobile home park, a senior housing development, or a property with commercial areas located in designated commercial revitalization districts.

Lead Safe Grant Program

The Lead Safe Grant Program is designed to reduce lead hazards in homes in specific community conservation areas through a comprehensive plan for lead hazard reduction, economic development, job training, outreach and education. The property must have a lead-based paint hazard, which will be determined by a qualified Baltimore County lead hazard evaluator. As you can see, there are many financing options available for those looking to purchase real estate in Baltimore County. Whether you're a first-time homebuyer or an experienced developer, there are programs available that can help you save money on your purchase or renovation project.

Be sure to research all available options before making your decision.