Maryland Down Payment Assistance

12 Programs
to Help You Buy a Property
in Maryland

Grants, forgivable loans, and subsidized mortgages — many Maryland buyers qualify for $70,000+ in assistance and don't even know it.

Find your programs →
5
State programs
7
Federal programs
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Cost to search

Maryland Programs

Click any program for full details, eligibility, and how to apply.

MMP 1st Time Advantage Maryland
Up to 5% DPA, 0% deferred

30-year fixed with up to 5% DPA as 0% deferred second mortgage. Repaid on sale or refinance.

Deferred 0% loanHouse-hack eligible
MMP Flex ($5K or 3%) Maryland
$5,000

$5,000 or 3% of mortgage as 0% deferred DPA. Available to first-time AND repeat buyers.

Deferred 0% loanHouse-hack eligible
Maryland SmartBuy 3.0 Maryland
$20,000

Up to $20,000 to pay off student debt at closing. Forgiven at 20% per year over 5 years.

Forgivable loan
MMP HomeAbility Maryland
$45,000

Up to $45,000 in 0% deferred DPA for buyers with disabilities or disabled household members.

Deferred 0% loan
Maryland Mortgage Credit Certificate Maryland
Annual tax credit for life of loan

Federal tax credit on mortgage interest that reduces your taxes every year.

Annual tax credit
FHA Loan Federal
Saves ~$33,000 on a $200K home vs 20% down

3.5% down payment with 580+ credit. The most popular first-time buyer loan in America.

Subsidized loanHouse-hack eligible
VA Loan Federal
$0 down + no monthly mortgage insurance

Zero down payment, no PMI for eligible veterans and active-duty service members.

Federal benefitHouse-hack eligible
USDA Rural Development Loan Federal
$0 down, lower fees than FHA

Zero down payment for rural and suburban areas. 97% of US land qualifies.

Subsidized loan
Fannie Mae HomeReady Federal
3% down + reduced PMI rates

3% down with reduced mortgage insurance for low-to-moderate income buyers.

Subsidized loanHouse-hack eligible
Freddie Mac Home Possible Federal
3% down + flexible funding

3% down with flexible funding sources including gifts and employer assistance.

Subsidized loanHouse-hack eligible
NACA Program National
$0 down + $0 closing + $0 PMI + below-market rate

No down payment, no closing costs, no PMI, below-market rate. Character-based lending.

Nonprofit programHouse-hack eligible
HUD Good Neighbor Next Door Federal
50% discount on HUD homes

50% off purchase price for teachers, law enforcement, firefighters, and EMTs.

Grant
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Frequently asked questions

What down payment assistance programs are available in Maryland?

There are 5 state-specific programs and 7 federal programs available in Maryland, totaling 12 programs.

Do I need to be a first-time buyer to get DPA in Maryland?

Not all programs require first-time buyer status. Several Maryland programs are available to repeat buyers. 'First-time buyer' means you haven't owned a home in the past 3 years.

Can I use DPA to buy a multi-unit property?

Yes. Many DPA programs allow 1-4 unit properties. Live in one unit and rent the others — this is called house-hacking.

Nearby states

Delaware (3)Pennsylvania (7)Virginia (7)West Virginia (3)