Baltimore County’s New Mortgage Assistance Loan Program (MALP) Up to $35,000

Posted by: najirashid on Friday, February 8th, 2008

The pilot program is an effort to encourage first time homebuyers to consider homeownership in existing residential communities in Baltimore County. The program is administered by nonprofit groups and is available in designated communities. Home Buyer’s Workshops and homeownership counseling are offered to potential homeowners. Mortgage Assistance loans up to $35,000 are available to families whose income is at or below 80% of area median, adjusted for household size.

 Buyer eligibility are;

1. Before signing a real estate contract, completes Homebuyer Education Curriculum: Workshop(s) & Counseling with a Baltimore County affiliated Housing Counseling Agency.

2. Meets Income Eligibility: 80% of area median, adjusted for household size.

3. First time homebuyer (cannot have previously owned a dwelling within the last 3 years). Exceptions an be granted for separation, divorce or death of spouse or prior ownership of documented substandard housing.

4. Qualifies for a fixed rate mortgage with a Participating Lender.

5. Post purchase liquid assets cannot exceed 25% of gross annual household income.

6. Buyer’s proposed post purchase housing and total debt ratios cannot exceed 31% and 43%, respectively, of the gross monthly household income.

7. Gift Contributions may not exceed 3% of the sales price.

8. Has cash equal to 5% of gross household income to contribute to purchase. 

This program started on October 2007, and I have been told by some nonprofit agencies its doing well. please contact me for Participating Lenders, Property Criteria, and MALP Loan Terms.

38 Responses to “Baltimore County’s New Mortgage Assistance Loan Program (MALP) Up to $35,000”

Gary Servance Says:
April 6th, 2008 at 10:09 AM

Hello I would like to learn more information about the program.I am a first time buyer an I already have an agent.

Naji Rashid Says:
April 8th, 2008 at 6:40 PM

Hello Gary, give Regina Buker (executive Director) for Harbel Housing Partnership a call at 410-444-9152 and she can give you additional information about the MALP program. Harbel Housing Partnership is one of the housing counseling agencies that participate with the program. Good luck!

Tiffany Says:
July 5th, 2008 at 10:27 PM

i would like to know more aobut the program???

Lynn Hopkins Says:
July 7th, 2008 at 8:02 AM

Single parent household of 2 income of $65,000 (two fulltime jobs) credit score 560. Is my income to high for this program. What is 80% percentage of area median for income? I can be reached at 443-739-8608.

Robyn Williams Says:
August 18th, 2008 at 5:44 PM

I would like to learn more about the program, specifically if you can assist individuals with low credit scores. Please contact me at 410-925-7942.

Ash Says:
April 22nd, 2009 at 11:46 AM

I own a home. More then 50% of salary goes towards my mortigage. Do you have any suggestions or better program from state or county. Right now rate i am paying is 5.6 APR.

Naji Rashid Says:
April 23rd, 2009 at 12:42 PM

Hell Ash,
If 50% or more of your salary is going towards your mortgage you should call your mortgage company to see if you can do a stream line refinance to get your mortgage payments reduced. The Baltimore County programs like MALP are for first-time home buyers and can be used for down payment and closing costs assistance. None of those programs can assist an existing homeowner.

Inquiring Mind Says:
August 22nd, 2009 at 9:17 PM

Hello… I would like to know if the MALP program can be used with REO homes?

Naji Rashid Says:
August 24th, 2009 at 4:54 PM

Unfortunately, the MALP program can not be used with a REO property. The MALP program require that the seller agree to do all the repairs that the home inspector finds. REO properties are sold in as-is condition the bank will not do repairs.

james Says:
November 10th, 2010 at 11:51 PM

I thought MALP Program pays for repairs up to $2500, as long it is done by a licensed contractor? also, rumor has it that it targets homes in foreclosure. if that is true why would it require the seller to fix items up to $2500.

Naji Rashid Says:
November 15th, 2010 at 11:53 AM

Hello James the MALP program allows the seller to do up to $2500 worth of repairs and get reimburse at settlement from the MALP proceeds. The program does not target forclosures. the NSP program targets forclosures. The NSP program can only be used with forclosure properties in targeted zipcodes.

charlise jefferson Says:
December 30th, 2010 at 8:17 PM

I am not renewing my lease in February 2011 because my family is expanding and we need more space. I am interested in finding out what I need to do to become a 1st time homebuyer. My credit is not the best but I am preparing to move forward. Please contact me with more info. so I can get started.(443-518-6440)

Naji Rashid Says:
January 1st, 2011 at 2:01 PM

Hello Charlise,
Happy New Year! I will call you on Monday so we can discuss your situation.

Kendra Keene Says:
August 1st, 2012 at 2:55 PM

i will be a first time home buyer. I would like to have more information. Please email me. Thank you

najirashid Says:
August 2nd, 2012 at 10:48 AM

Hello Kendra,
Give me a call at 410-977-7176 at your earliest convenience. I can review the different grant programs with you and how to become eligible for the funds. Each month I help individuals and family take advantage of the different grant programs like MALP. It’s too much information to put in an email. I look forward to hearing from you soon.

Darlene Says:
August 6th, 2012 at 3:54 PM

I’m a first time home buyer looking for closing/settlement assistance. I’ve been pre-approved. Can MALP help? I don’t have much time left and my lease is up shortly. I’ve been at this process for a while and keep hitting walls. Any leads would be appreciates. No home buyer classes until October. That would be too late for me, unfortunately.


najirashid Says:
August 6th, 2012 at 4:18 PM

Yes. Give Me a call at 410-977-7176. I also might be able to get you into a class quicker.

Samantha Says:
September 18th, 2012 at 12:04 AM

I am interested in MALP program and other grant programs. I was told that the bank my lender works for does not do MALP but I do not want to have my credit continously ran by different banks. My credit score is a 598 and I was just told that I need a 620, what do you suggest I do? Are there other programs that I can do or should I just save the money and suck it up.

najirashid Says:
September 18th, 2012 at 2:49 PM

Hello Samantha you have been told correctly. You need at least a middle score of 620. Some want 640 to participate in some of the programs. I would recommend that you work with a lender that is familiar with the programs and also can help you get your credit scores up to 620. I can recommend some lenders that can do poth for you. Give me a call at 410-977-7176.

Michele Says:
February 8th, 2013 at 12:52 PM

Hi does NHS participate? I’ve already taken my classes and have my counseling session with them next week. I also already have an interest in one particular home but am not limited to it. Please let me know! Thanks so much! If you have a chance, I’d love a phone call 443-226-4635 but an email response is okay too.

najirashid Says:
February 9th, 2013 at 1:51 PM

It was great speaking with you yesterday. I sent you the email as you requested.

Andre; Says:
February 18th, 2013 at 12:14 PM

Hello, I have qualified for the MALP program and have bought a home in baltimore county with those funds in 2007. My interest rates at the time was 6%. Is it possible to do a streamline refinance even if i have MALP funds? I feel that my loan will be in default if I do any type of refinancing without permission of the housing authority, and I can’t seem to get in touch with any one from the housing authority.

najirashid Says:
February 18th, 2013 at 6:27 PM

Hello Andre if you refinance or sell your property you must pay back the remaining portion of your MALP funds. You should give Harbel Housing Partnership a call at 410-444-9152 and ask to speak to Regina Buker. She can advise you with your situation.

Tysheka Cephas Says:
April 21st, 2013 at 4:36 PM

Need more information about the grant program.

Tysheka Cephas Says:
April 21st, 2013 at 4:51 PM

I own a home back in 2006, that was forclosed on due to a nasty divorce. My credit score as of now is 648 on the high end and 626 on the low end, middle score is 641. My yearly income is about 70000. I have 3 children. Due you think I could qualify for this program and if so how can I go about getting more info. 443-9388361

najirashid Says:
April 29th, 2013 at 12:20 PM

I look forward to meeting you and your friend on May 6th at 9:30am. Thanks

Danielle Says:
July 5th, 2013 at 11:13 PM

I want to refinance for a lower APR but I was told by a mortgage specialist I would have to pay off the remainder of the MALP before I can proceed with any refinance. What other options are there?

najirashid Says:
July 6th, 2013 at 10:20 AM

Hello Danielle,
The mortgage specialist is correct. If you sell or refinance your loan the MALP funds must be paid off. This is one of the negatives with the MALP program. I hope all the conditions with the program was explained to you. Unfortunately there are no option unless your property value increases above what you owe so if you refinanced the MALP loan could be paid off. Thanks

anna bancroft Says:
September 17th, 2013 at 6:40 PM

Please point me the right direction I want to buy a house in the baltimore county yes I need assistance and your help where do I start?


najirashid Says:
September 18th, 2013 at 10:54 AM

Hello Anna give me a call at your convenience I can walk you through the process of homeownership and how to get grant money in Baltimore County. My number is 410-977-7176. Thanks

Clyde Glover Says:
July 18th, 2014 at 10:03 AM

My wife and I are looking to purchase in Baltimore County and would like to get the list of participating lenders, property criteria and the MALP loan terms. Please send to the email address provided. Thank you in advance.

najirashid Says:
July 23rd, 2014 at 4:41 PM

Hello Clyde,
Unfortunately the MALP program doesn’t have funds at this time. Currently buyers’ are using the Baltimore County SELP program. Please let me know if you would like more information on this program.

Shelly Says:
October 6th, 2014 at 7:17 AM

Do you know when funds will be in for the MALP grant

Kim Says:
October 26th, 2014 at 11:32 AM

Good Afternoon Najirashid, I purchase my house through the MALP program in 2008. I would like to refinance. If my property value increases and I was able to pay back the MALP loan. Would I be finish with the MALP program and able to sell my house without owing the MALP program?

najirashid Says:
October 27th, 2014 at 1:26 PM

Hello Kim- If you refinance you must pay the MALP funds back. If you plan on selling your home in the next year or so. I don’t know if it would make sense to refinance because of the fees. If you have enough equity to pay back the MALP funds you might be better off waiting until you sell and save yourself some money. If you would like to meet to discuss it further I can be reached at 410-977-7176. Thanks

najirashid Says:
October 27th, 2014 at 1:28 PM

MALP funds should become available after the SELP funds run out. Please don’t hesitate to contact me with any questions at 410-977-7176. Thanks

Keanya Says:
July 26th, 2015 at 6:37 PM

Hello. I’m a Calvert County resident looking to move to Essex MD. I have 5 person household. What are the requirements for income for MALP? If I will be the only loan holder does is still apply? thx.

najirashid Says:
August 13th, 2015 at 3:22 PM

Hello Keanya give me a call at your earliest convenience at 410-977-7176 to discuss. Thanks


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