Grant Assist Home Loans

Maryland Mortgage Grant Assist gives eligible homebuyers a grant that can be used for down payment and closing costs. Grant funds do not need to be repaid.

Grant Assist  

Available Grant Assist Products

4% Grant Assist

Homebuyers receive 4% of the value of the first mortgage as a non-repayable grant which can be used towards closing costs and down payment assistance.

  • Eligibility
    Standard MMP eligibility applies.
  • Conditions & Restrictions
    4% Grant Assist Funds cannot be combined with other MMP down payment assistance programs or Partner Match programs.

Special Assistance Grant 

The Special Assistance Grant is designed to assist income selected homebuyers with grants for down payment assistance and closing costs when purchasing a home with a Freddie Mac Advantage conventional mortgage.

$2,500.00 for borrowers with inc​ome not exceeding 50% of Area Median Income (AMI)
OR
$1,500.00 for borrowers above 50% and not exceeding 80% of the AMI (​see chart​).

  • The grant may be combined for use with other MMP conventional purchase loans. It may not be combined with the Maryland SmartBuy, government loans, or refinance products.
  • The Special Assistance Grant may be layered with down payment assistance loans or grants, including Partner Match loans.
  • The Maryland HomeCredit Program may be used and, as an additional incentive, MMP will waive the $450.00 MMP fee. The lender fee may be still be charged.
  • All other overlays of the MMP, US Bank, and/or Freddie Mac apply.

Learn More

To learn whether Maryland Mortgage Grant Assist is the right home loan option for you, we recommend you talk to one of our state-approved mortgage lenders. ​​​​​​​​​​​​​​​​​​​​​