Student-loan payoff assistance up to 15% of the purchase price, capped at $25,000.
See If This May Fit MeStudent-loan payoff assistance up to 15% of the purchase price, capped at $25,000.
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.
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.
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.
Use the program summary below as a screening guide, then verify the current program rules for your household, property and mortgage before relying on the assistance.
Assistance: Student-loan payoff assistance up to 15% of the purchase price, capped at $25,000.
Buyer profile: Eligible buyers with at least $1,000 in student debt; generally first-time buyers or repeat buyers purchasing in a Targeted Area.
Location: Maryland statewide, subject to product-specific property rules..
Repayment or structure: 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 and underwriting: Current minimum credit score is 720. Conventional financing only under the current product matrix.
Before choosing a program, confirm current funding or reservation availability, household-income rules, purchase-price limits, occupancy requirements, property eligibility and the mortgage products that can be paired with the assistance.
Also verify whether first-time homebuyer status is required, what borrower funds must come from you, whether homebuyer education is required and when any second loan or grant would become repayable.
Those details can change by program and can affect which option provides the best fit for a specific transaction.
Compare Maryland homebuyer programs or use the program finder for a personalized shortlist.
This is a statewide Maryland option, but local programs and limits can still vary. Explore: Anne Arundel County, Baltimore City, Howard County, Montgomery County, Prince George's County and Frederick County.
Answer the finder questions and compare the programs that may fit your location and buyer profile.
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