FHLB Community Partners Grant Program - Up to $20,000* Available for Home Purchase

At Arundel Federal Savings Bank, we are committed to supporting families and individuals who make their living serving others in the community. As part of this commitment, we offer a unique financial opportunity for Current or Retired Law Enforcement Officers, Educators, Health Care Workers, Firefighters, and other First Responders; and Veterans and Active-Duty Members of the Military or their surviving spouse who are purchasing a home.

Arundel Federal Savings Bank can help homebuyers access up to $20,000* to assist with the down payment, closing costs, and rehabilitation costs incurred when purchasing a home.

Funding is available to qualified homebuyers that meet product and income eligibility requirements, including first-time homebuyers or families and individuals that currently own a home or have previously owned a home.

In addition to meeting eligibility requirements, the homebuyer must:

• Contribute at least $1000 toward the purchase of a home
• Occupy the home as a primary residence
• Complete a homebuyer education and financial literacy course specified by FHLBank Atlanta

Take the next step to reach your homeownership goals by contacting an Arundel Federal's Mortgage Loan Originators to determine if you are eligible for Community Partners funding to begin your application process. 

Arundel Federal Savings Bank has 5 Maryland branch locations in Annapolis, Brooklyn, Glen Burnie, Pasadena and Severna Park.