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Find Homeownership Incentives

Maryland SmartBuy - Targeted

First Time Homebuyers Returning Home Buyer

Type Of Program

Deferred Second Mortgage

Program distribution

Forgivable Second Mortgage

Program Originator

Maryland Department of Housing and Community Development, Maryland Mortgage Program

Amount

$0.00

Contact

Blocks

Location
Description
The Maryland SmartBuy initiative helps homebuyers with eligible student debt purchase a home. The program offers highly attractive financing and closing cost assistance for move-in ready, state-owned homes, including loan forgiveness of up to 15% of the purchase price. Homebuyers use the Maryland Mortgage program to purchase the home AND pay off student loan debt.
AMI Limit

AMI

Employer Participation Required

Must Earn Counseling Certificate

Eligibility Limitations

Cash Sale Permitted

Cosigner Permitted

Owner Financing Permitted

Must be Primary Residence

Program Provider's Contact Name

Program Provider's Address

Program Provider's Phone

Program Provider's Email