Maryland HomeOwnership Preserving Equity (HOPE) Loan

Maryland Housing Finance Authority

Available Home Repair

About This Program

Low-interest home improvement loan for Maryland homeowners to make critical repairs. Maximum loan of $30,000 at 3% fixed interest for up to 10 years. Available through participating lenders statewide.

Low-interest loan at 3% fixed rate for home improvements

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

Key Details

  • Loan up to $30,000 at 3% fixed interest
  • For critical home repairs and improvements
  • Up to 10-year repayment term
  • Available through participating lenders
  • Income limits up to 120% AMI

How to Apply

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

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Ocean City early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Deadline: Rolling applications through participating lenders

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Ocean City, MD

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs