Maryland HomeCredit Step Forward Down Payment Assistance

Maryland Housing Finance Authority

Available Down Payment

About This Program

Down payment and closing cost assistance for eligible first-time homebuyers in Maryland. Forgivable second mortgage up to $15,000 or 6% of purchase price. Forgiven over 15 years of owner-occupancy. Must be used with MHFA first mortgage.

Forgivable loan for down payment/closing costs, forgiven over 15 years

Key Details

  • Forgivable loan up to $15,000 for down payment
  • Must be first-time homebuyer in Maryland
  • Income limits apply (varies by county)
  • Forgiven over 15 years of owner-occupancy
  • Must use MHFA first mortgage

How to Apply

Get free help applying Visit Official Program Page Track this program

(800) 638-7781

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Deadline: Year-round program subject to funding

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