Maryland program homeownership 2026

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  1. Click ‘Get Form’ to open the Maryland Program Homeownership document in the editor.
  2. Begin by filling out your personal information in the designated fields, including your name, address, and contact details. Ensure accuracy as this information is crucial for processing your application.
  3. Next, indicate whether you are a first-time homebuyer by checking the appropriate box. Refer to the definitions provided in the document to confirm your eligibility.
  4. Complete the financial sections by entering your household income and any existing debts. This will help determine your debt-to-income ratio, which is essential for loan approval.
  5. Review all sections carefully before submitting. Use our platform’s editing tools to make any necessary adjustments or corrections.

Start using our platform today to simplify your Maryland homeownership application process!

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How much down payment assistance can I get with the Maryland Mortgage Program. Homebuyers can choose between zero and 5% of their loan amount in assistance depending on which program you go with. As an example, on a $500,000, a homebuyer can get up to $25,000 of down payment assistance.
Marylands 1st Time Advantage program offers 30-year fixed-rate mortgages, which can be conventional loans or government-guaranteed FHA, USDA, or VA loans. These typically have competitive interest rates and may be paired with several second mortgage options for down payment assistance (see #5, below, for details).
Financial Assistance for Homebuyers in Maryland This is a zero-interest, deferred loan, which means homebuyers have to pay back no more than the principal amount (which can go as high as $5,000), and not until youve paid off the mortgage on your home, or decide to refinance, sell, or vacate the property.

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