Am I a First-Time Homebuyer in Maryland? Income Limits in Baltimore County Explained

Buying your first home can feel overwhelming, but Maryland offers a variety of programs designed to make the process more affordable—especially for first-time buyers in Baltimore County. The Maryland Mortgage Program (MMP) and Baltimore County’s local assistance initiatives provide down payment help, favorable loans, and closing cost support. But what exactly qualifies you as a “first-time homebuyer,” and what are the income limits you need to meet?

Who Qualifies as a First-Time Homebuyer?

In Maryland, you are considered a first-time homebuyer if you meet one of the following:

• You have never owned a home before.
• You have not owned a principal residence in the past three years.
• You are purchasing in a federally designated “Targeted Area” (where the three-year rule is waived).
• You are an honorably discharged veteran using the Maryland Mortgage Program’s “Veterans Advantage.”

Income Limits in Baltimore County

Eligibility also depends on your household income. As of 2025, here are the maximum income limits for Baltimore County through the Maryland Mortgage Program:

• 1–2 person household: $128,200
• 3+ person household: $149,430

These limits are set to ensure assistance reaches moderate-income buyers. Keep in mind that targeted areas may allow for slightly higher income thresholds.

Why These Programs Matter

Qualifying buyers can access benefits such as:

• Down payment assistance loans up to $10,000 through Baltimore County’s Settlement Expense Loan Program (SELP).
• Low-interest fixed-rate mortgages through the Maryland Mortgage Program.
• Potential federal tax credits with the Maryland HomeCredit.

Combined, these programs can help first-time buyers reduce upfront costs and make homeownership more attainable, even in a competitive market.

Next Steps for Baltimore County Buyers

If you’re unsure whether you qualify, the best step is to connect with a local lender or real estate professional who participates in the Maryland Mortgage Program. They can run your numbers, confirm eligibility, and walk you through available incentives.

*All figures based on 2025 Maryland Mortgage Program guidelines. Income limits and eligibility criteria are subject to change. Always verify with an approved lender before applying.