Photo by ActionVance on Unsplash

Blogs 

Settling Down In Baltimore: Everything You Could Possibly Need To Know For New Homeowners

Damien Clarke

Photo by ActionVance on Unsplash

Baltimore, with a population of 620 thousand people, is the largest city in Maryland. A culturally diverse city, there are over 100 languages spoken in Baltimore with a wide variety of things to do and see; there is always something for everyone!

A summary of first-time home buyer programs in Maryland

Maryland offers several programs for first-time homebuyers that could help make the process of buying your first home much more affordable. There are also many government agencies and non-profit organizations that can provide information and assistance in many different ways.

Mortgage lenders

Mortgage lenders in Baltimore have a wide selection of programs that can help first-time home buyers. Programs vary from being able to get a down payment assistance loan (where the lender helps with a percentage of the down payment) to getting a mortgage with no money down. Baltimore also has programs that can help prospective buyers purchase homes in areas they may not have been able to afford on their current income.

Tips for new homeowners

To help first-time home buyers, the Maryland Mortgage Program offers many programs, including the FHA Loan. The FHA Loan is one of those loans that rely on the Federal Housing Administration as the lender of last resort. The FHA Loan is a government-backed mortgage program which means it has a lower down payment and credit score requirements than other programs like the Conventional Loan.

The FHA Loan is an excellent loan for first-time homebuyers who may not have the best credit score or down payment.

Settling down in Baltimore

Baltimore has everything you need, all within a short distance from each other; affordable vehicles, the best road trip vehicles, and the best outdoorsy vehicles, including SUV’s and RV’s. There are also many options for shopping, dining, entertainment and recreation. Baltimore is a great city for people of all ages.

Baltimore County

Baltimore County is the most populous county in Maryland and has a population of about 930,000 people. Baltimore County comprises six townships: Towson, White Marsh, Parkville, Pikesville, Owings Mills, and Randallstown.

Baltimore County is home to the University of Maryland’s flagship campus in Towson, founded as Baltimore College in 1807. It is also home to Towson Town Center, which has more than 100 shops and restaurants.

This county is an excellent place for new homeowners or those looking for affordable vehicles as there are many dealerships in the area.

Baltimore City

Baltimore is the largest city in Maryland, with a population of 621,849. It has an area of 87 square miles and is located on the Patapsco River near the Chesapeake Bay. Baltimore is one of the oldest cities in the country, founded by Lord Baltimore on June 20, 1634, as a place for Catholics to live and worship freely.

Baltimore has an old-fashioned charm, with neighborhoods initially laid out in a grid system. The charming city is also the perfect place to explore by foot or take public transportation.

In Baltimore, you are near Annapolis, Washington D.C., Philadelphia, Gettysburg, and many other major cities in the country.

Howard County

Howard County is a county in Maryland, north of Baltimore. It has an area of 774 square miles, and its population was estimated at 350,739 as per the 2010 census.

The County is part of the Baltimore-Columbia-Towson, MD Metropolitan Statistical Area.

Howard County is great for families and has a lot to offer.

  • The average crime rate is about 10% lower than the national average, with major crimes hovering at just over 1%.
  • Howard County schools rank in the top 10% in the state, with 99% graduation rates.
  • Howard County is one of only two counties in Maryland to have a hospital ranked in “America’s Best Hospitals”.
  • The County is home to Centennial Park, a large park that offers many activities for all ages.

Montgomery County

Montgomery County is the most populous county in Maryland. It has a population density of 1,194 people per square mile (461/square km). The county seat is Rockville, and its largest town is Gaithersburg. Montgomery County has a long history of being a suburban area for Washington, D.C. It still retains that feel today with its many parks and suburban neighborhoods full of single-family houses.

Montgomery County is home to one of the most diverse populations in Maryland, with a rich mix of ethnicities, religions, and languages. It’s also known for its beautiful parks.

Moving to Baltimore as a new homeowner

Moving to Baltimore can be an exciting adventure. After all, there are plenty of factors to consider before making the big move. Many people know Baltimore for its crime and violence problems. However, they don’t realize that much of the city’s crime is concentrated in a few areas and that Baltimore has one of the lowest homicide rates among major cities in America.

Baltimore is also home to one of the largest ports in the country. The Baltimore seaport is considered an international trade center, and there are plenty of job opportunities at this location for people with all levels of educational attainment.

In summary, Baltimore is a great city with plenty of things for new homeowners to do.