Maryland Down Payment Assistance

Maryland Down Payment Assistance Programs

A guide to current down payment assistance options in Maryland, including the state Housing Finance Agency, well-known city and county programs, and live DPA mortgage pricing for Maryland homebuyers.

Maryland Housing Finance Agency

Maryland Department of Housing and Community Development - Community Development Administration (Maryland Mortgage Program) (MMP)

mmp.maryland.gov/

MMP administers the primary DPA programs for Maryland. Program details below are current as of April 23, 2026 - confirm current terms directly with MMP before applying.

Statewide DPA Programs in Maryland

MMP 1st Time Advantage (Base)

Maryland Department of Housing and Community Development

Other

30-year fixed-rate first mortgage at the lowest MMP rate for eligible first-time homebuyers. No built-in DPA in the base version.

Paired with: Conventional, FHA, VA, USDA

  • First-time homebuyer: Required
  • Primary residence only
  • Income: MMP household income and purchase price limits apply; vary by county.
  • Homebuyer education required

First-time homebuyer requirement waived in MMP-designated targeted areas and for honorably discharged veterans.

Source: mmp.maryland.gov

1st Time Advantage 6000

Maryland Department of Housing and Community Development

Deferred loan

$6,000 deferred second mortgage with 0% interest and no monthly payments, toward down payment and closing costs; repaid at sale, refinance, or payoff.

Paired with: Conventional, FHA, VA, USDA

  • First-time homebuyer: Required
  • Primary residence only
  • Income: MMP household income and purchase price limits apply.
  • Homebuyer education required

Source: mmp.maryland.gov

1st Time Advantage DPA (3% / 4% / 5%)

Maryland Department of Housing and Community Development

Deferred loan

Deferred second mortgage equal to 3%, 4%, or 5% of the first-mortgage amount toward down payment and closing costs; 0% interest, deferred until sale, refinance, or payoff.

Paired with: Conventional, FHA, VA, USDA

  • First-time homebuyer: Required
  • Primary residence only
  • Income: MMP household income and purchase price limits apply.
  • Homebuyer education required

First-mortgage interest rate is higher than the base 1st Time Advantage rate in exchange for the larger DPA amount.

Source: mmp.maryland.gov

MMP Flex Loans

Maryland Department of Housing and Community Development

Deferred loan

30-year fixed-rate first mortgage available to first-time and repeat homebuyers, with optional DPA (Flex 5000, Flex 6000, and percentage-based Flex DPA) structured as a 0% interest deferred loan.

Paired with: Conventional, FHA, VA, USDA

  • Primary residence only
  • Income: MMP household income and purchase price limits apply.
  • Homebuyer education required

Source: mmp.maryland.gov

HomeStart

Maryland Department of Housing and Community Development

Deferred loan

Down payment assistance up to 6% of the first-mortgage amount as a 30-year 0% interest deferred loan for lower-income first-time homebuyers.

Paired with: Conventional, FHA, VA, USDA

  • First-time homebuyer: Required
  • Primary residence only
  • Income: Household income at or below 50% of area median income (AMI).
  • Homebuyer education required

Source: mmp.maryland.gov

HomeAbility

Maryland Department of Housing and Community Development

Deferred loan

95% first mortgage plus a 0% interest second mortgage of up to 25% of the purchase price (maximum $45,000) toward down payment and closing costs.

Paired with: Conventional

  • Primary residence only
  • Income: MMP income limits apply; HomeAbility-specific tiers apply.
  • Homebuyer education required

For buyers with disabilities or households that include a member with a disability. Verify current eligibility definitions with MMP.

Source: mmp.maryland.gov

Partner Match

Maryland Department of Housing and Community Development

Deferred loan

DHCD matches contributions from participating employers, builders, or community organizations dollar-for-dollar up to $2,500 as a 0% interest deferred loan.

Paired with: Conventional, FHA, VA, USDA

  • Primary residence only
  • Income: MMP income limits apply.
  • Homebuyer education required

Partner Match is layered on top of 1st Time Advantage 6000 or Flex 6000 (or other published eligible products). Employer/organization must be a registered MMP partner.

Source: mmp.maryland.gov

Major City & County Programs in Maryland

Buying Into Baltimore

Live Baltimore / Baltimore City Department of Housing and Community Development · Baltimore, MD

Forgivable second

$5,000 down payment and closing cost incentive awarded by lottery; structured as a 5-year forgivable loan.

Applicants must attend a Live Baltimore Trolley Tour event, make a contract on a qualifying Baltimore City home within the posted timeframe, and complete program requirements. Limited number of awards per lottery.

Source: livebaltimore.com

Live Near Your Work

Baltimore City / Healthy Neighborhoods (participating employers) · Baltimore, MD

Forgivable second

Minimum combined employer and City grant (commonly $5,000 combined) toward down payment and closing costs in eligible Baltimore neighborhoods. Grant amounts vary by employer.

Eligibility requires employment with a participating Live Near Your Work employer and purchase of a primary residence in an eligible Baltimore neighborhood. Confirm current list of participating employers and eligible ZIPs.

Source: healthyneighborhoods.org

Maryland Notes for Homebuyers

  • Maryland imposes state recordation and transfer taxes at closing; certain first-time-homebuyer exemptions may apply. Confirm current rates and exemptions with the Maryland Department of Assessments and Taxation.

2026 Loan Limits in Maryland

Conforming (Conventional)

$806,500 baseline

Some Maryland counties qualify as high-cost, with limits up to $1,209,750.

FHA

$524,225 floor

Higher-cost Maryland counties can reach the FHA ceiling of $1,209,750.

Live DPA Pricing for Maryland

Pricing below is sourced live from hundreds of wholesale lenders for a Maryland scenario. Edit the inputs to match your situation.

FHA Down Payment Assistance

Up to 5% assistance; repayable second at first rate + 2% over 10 years

Min FICO 580
Program details
  • Minimum credit score: 580
  • Non-traditional credit also possible
  • Assistance up to 2.5%, 3.5%, or 5% of the lesser of purchase price or appraised value
  • Assistance can be used for down payment, closing costs, or both
  • Second lien: 10-year fixed, repayable
  • Second lien rate is 2% higher than the first mortgage rate
  • No first-time homebuyer requirement
  • No income cap
  • Purchase of primary residence only
  • Eligible properties: 1-unit residences, PUD, 2-4 units, FHA-approved condos, manufactured (single/double-wide)
  • DTI per AUS and FHA manual underwriting guidelines
  • First lien: FHA 30-year fixed

Assistance amount

1st lien: $386,000 at 96.5% LTV (FHA)
2nd lien: $14,000 (10-yr fixed, 1st rate + 2%)
Assistance is due upon transfer, sale, or refinance. Pricing estimate only — final rates, fees, and eligibility are determined by the lender.
Program details on this page are compiled from official Maryland Housing Finance Agency and local government sources and were last verified on April 23, 2026. Program availability, funding, eligibility thresholds, and assistance amounts change frequently. Always confirm current terms directly with the administering agency before applying. This page is informational only and is not an offer to lend.

Compare DPA options for Maryland with live pricing

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DPA Programs in Other States