Maryland HomeCredit Down Payment Assistance

Maryland Housing Finance Authority

Available Down Payment

About This Program

Provides down payment and closing cost assistance up to $15,000 for eligible first-time homebuyers. Offered as a second mortgage with deferred payment. Must be used with Maryland Mortgage Program loan. Income and purchase price limits apply.

Second mortgage for down payment and closing costs, deferred until sale or refinance

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Up to $15,000 for down payment and closing costs
  • Second mortgage with deferred payment
  • Must use with Maryland Mortgage Program
  • First-time homebuyer requirement
  • Income and price limits apply

How to Apply

A grant-savvy contractor in Kent Island, MD can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing, subject to funding availability

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