Home / Maryland / Programs / Maryland SmartBuy 3.0
Active

Maryland SmartBuy 3.0

Student-loan payoff assistance up to 15% of the purchase price, capped at $25,000.

See If This May Fit Me

What it can provide

Student-loan payoff assistance up to 15% of the purchase price, capped at $25,000.

Who it is for

Eligible buyers with at least $1,000 in student debt; generally first-time buyers or repeat buyers purchasing in a Targeted Area.

Geography: Maryland statewide, subject to product-specific property rules.

Important terms

Student-debt assistance is a 0% loan forgiven after five years if program occupancy requirements are met. Full qualifying student debt for at least one borrower must be paid at closing; excess above the program cap is paid from other funds.

Credit / underwriting

Current minimum credit score is 720. Conventional financing only under the current product matrix.

Program availability and rules can change. A match from Homebuyers Hub is an educational screening result, not an approval.

Want a personalized program shortlist?

Answer the finder questions and compare the programs that may fit your location and buyer profile.

Find a Program