Maryland Mortgage Program

06/01/2026

Maryland Department of Housing and Community Secretary Jake Day today announced that the Department has expanded the state’s landmark Maryland SmartBuy initiative, the Maryland Mortgage Program’s loan product for first-time homebuyers to purchase a home and pay off student debt. To help manage purchase costs, eligible homebuyers can now receive up to $25,000 in student loan payoff assistance – a 25% increase from the current $20,000 limit.

Maryland SmartBuy 3.0 enables qualified borrowers with student debt to purchase an eligible home in Maryland using conventional financing through the award-winning Maryland Mortgage Program. The Maryland SmartBuy program was created to make home purchasing more affordable for first-time homebuyers by eliminating eligible student loan payments.

When paired with downpayment assistance, the increase of student loan payoff assistance brings the average total aid to $40,000 for homebuyers earning below 50% of the Area Median Income, and slightly over $30,000 for all other Maryland Mortgage Program applicants. Eligible borrowers must meet all Maryland Mortgage Program underwriting requirements and must have a minimum remaining student loan balance of $1,000, with a maximum eligible payoff amount equal to 15% of the home purchase price or $25,000, whichever is lower.

The announcement of the program expansion marks the start of National Homeownership Month in June, which celebrates the impact of homeownership on families, neighborhoods and communities. Learn more about this expansion and MMP here: https://bit.ly/4okHL8t

05/06/2026

Make sure you enter by 3 p.m. on May 13!

🚨Contest Alert🚨

We’ve teamed up with to give 4️⃣ lucky winners a pair of tickets to 1️⃣ of the shows of their choice from these 4️⃣ shows! 🎤🔥

How to Enter:
1. Follow + on IG
2. Complete the entry form at cfgbankarena.com/giveaway (🔗 in bio)
3. Reshare on your story for a ✨BONUS entry✨

Contest closes May 13th at 3PM
Winners will be announced on our story

05/01/2026

03/27/2026

Congratulations to all of the winners of the 2026 Annual Maryland Mortgage Program Awards!

03/26/2026

Today, the Maryland Department of Housing and Community Development recognized the top performing lender and realtor partners of 2025 today during the Maryland Mortgage Program’s annual awards event.

For more than 40 years, the Maryland Mortgage Program has provided sustainable, fixed-rate mortgages, primarily to first-time homebuyers. Program borrowers receive access to down payment and closing cost assistance and, if eligible, student debt relief through the popular Maryland SmartBuy initiative.

Thursday’s event featured remarks from Secretary Jake Day and Maryland Mortgage Program Director Maddy Ciulu, along with representatives from Maryland Realtors, U.S. Bank and the Maryland Mortgage Bankers and Brokers Association-MMBBA. Afterwards, several partners were recognized for their accomplishments.

Congratulations to this year's awardees!

For more details on the event and the lenders that were honored, click the following link: https://news.maryland.gov/dhcd/2026/03/26/maryland-mortgage-program-recognizes-top-2025-lender-and-realtor-partners-at-annual-awards-ceremony/?fbclid=IwY2xjawQyRl5leHRuA2FlbQIxMABicmlkETFXZEpOSGxkN0gzZjFBeEdDc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHpxd7ypleZRupd0Wr9XeonvJABp--bpBytdfLXcuVQky-qrOR2VDN-7BinWg_aem_4h4LNKVdo4VQuwngH_Fnvg

03/19/2026

How can the Maryland Mortgage Program help you? The Maryland Department of Housing and Community Development's Latoya Harris was at the Carroll County Realtors “Spring Forward” trade show in Hampstead today sharing information with realtor Patty Martin and others about the program, which helped provide 3,070 mortgages for homebuyers in just Fiscal Year 2025 alone.

Curious about what the award-winning Maryland Mortgage Program has to offer? Click here: https://tinyurl.com/3meawmdm

Photo Credit: Patty Martin

03/19/2026

12/16/2025

Make room for the moments that matter every year.

The Maryland Mortgage Program helps make homeownership more accessible with options like: Support for home repairs and updates, Assistance with down payment and closing costs, Flexible loan structures designed to meet you where you are, because stability at home makes space for everything else.

Learn more about your options and take the next step toward homeownership.

10/20/2025

The MMP Business Development Team is at the Maryland Realtors conference sharing information on DHCD's award-winning Maryland Mortgage Program! 🏘📝 Stop by their booth #134/ #136 through Wednesday!

08/04/2025

The numbers are in! 🏡📈 In Fiscal Year 2025, DHCD supported the creation or rehabilitation of nearly 4,000 affordable rental housing units – the state’s highest level of affordable rental housing production since the COVID-19 pandemic.

💬 “The only proven way to make Maryland more affordable to live is to create more housing opportunities for people of all ages and income brackets. These numbers reflect our work over the last fiscal year to make that goal a reality,” said Secretary Jake Day. “Every new rental housing unit created and every person we turn into a Maryland homeowner demonstrates the dedication of our team to fulfill the Moore-Miller Administration's goal to leave no one behind.”

Learn more here: https://bit.ly/45jx38Q