Maryland Mortgage Program
The strong Maryland Mortgage Program (mmp.maryland.gov) is the Maryland Department of Housing and Community Development's flagship homeownership program. The program offers safe, secure loan options that are right for many Marylanders. The Maryland Mortgage Program has several important features:
Down Payment and Closing Cost Assistance
Generous interest-free, deferred loans to help you with down Payment and settlement expenses.
30-Year Fixed Mortgage Rate
Competitive interest rates, locked in for 30 years so you know your payments.
Community-based homebuyer classes to help you understand the homebuying process.
A federal tax credit worth up to $2,000 every year for the life of the mortgage.
Getting started is easy - you don’t even need to be actively searching for your new home to take the first steps towards homeownership:
The Maryland Department of Housing and Community Development owns
single family properties that may be purchased by homebuyers, non-profit organizations and public housing authorities.