Lender Resources: Interest Rates

​Interest rates are provided for loan products available through the Maryland Mortgage Program and other programs provided by the Maryland Community Development Administration.

Interest rates are usually calculated daily, but can change more frequently.

Lenders and other mortgage professionals can subscribe to receive the Maryland Mortgage Program Interest Rate Sheet using the signup button below. You may unsubscribe at any time using the "Safe Unsubscribe" link in any received email.

For any questions about Maryland Mortgage Program interest rates, please contact singlefamilyhousing.dhcd@maryland.gov.

New!

Montgomery Homeownership Program II​​I

  
  
  
  
Government5.750%0-points6.306%
FHA Credit 6406.125%0-points6.700%
Conventional5.875%0-points6.436%

​​Maryland SmartBuy 2.0

  
  
  
  
Maryland SmartBuy 2.0 - Conventional5.875%0-points6.436%

1st Time Advantage

MMP 1st Time Advantage

  
  
  
  
FHA Credit 6404.500%0-points4.996%
MMP 1st Time Advantage - Government4.375%0-points4.863%
MMP 1st Time Advantage - Conventional4.750%0-points5.258%
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MMP 1st Time Advantage 3% Assistance

  
  
  
  
MMP 1st Time Advantage 3 - Government5.250%0-points5.783%
MMP 1st Time Advantage 3 - FHA Credit 6405.625%0-points6.174%
MMP 1st Time Advantage 3 - Conventional5.375%0-points5.912%

LOAN ASSIST PRODUCTS

Maryland Mortgage Premier

  
  
  
  
Government5.750%0-points6.306%
FHA Credit 6406.125%0-points6.700%
Conventional5.875%0-points6.436%

Maryland SmartBuy: Financing for Homebuyers with Student Debt

  
  
  
  
Maryland SmartBuy Program (Conventional)5.875%0-points6.436%
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GRANT ASSIST PRODUCTS

4% Grant Assist

  
  
  
  
Maryland 4% Grant Assist (Government)6.500%0-points7.524%
Maryland 4% Grant Assist (Conventional)6.500%0-points7.090%
FHA Credit 6406.625%0-points7.651%
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RATE ASSIST PRODUCTS

Maryland Preferred Rate

  
  
  
  
Maryland Preferred Rate (Government)4.875%0-points5.882%
Maryland Preferred Rate (Conventional)5.250%0-points5.783%
FHA Credit 6405.000%0-points6.008%
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OTHER PRODUCTS

Refinance Programs

  
  
  
  
Conventional Refinance Program (97% LTV)5.875%0-points6.436%
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The interest rates above are the current advertised interest rates for Maryland Mortgage Program loan products. These are indicative rates only and are not meant to be any type of guarantee of rates currently available through the Maryland Mortgage Program. Publishing these rates is not a commitment to lend or extend credit. Credit is subject to approval, which include, among other qualifiers, income, credit and collateral. Please contact an approved Maryland Mortgage Program Lender to see what interest rate you may qualify for.