HomeAbility

​HomeAbility is a special product designed to assist Maryland homebuyers with disabilities to finance their home purchase. This is a Conventional Loan product and provides an 80% LTV first lien and up to 25% in a second lien to assist with down payment and closing costs. No mortgage insurance is required. The interest rate for the first lien is posted on the Interest Rates page​; the second lien has a rate of 0% and payment is deferred for the life of the first lien, but becomes payable upon sale, refinance, or transfer of the home.​​​

To be eligible for Ho​meAbility:​

• One of the borrowers has disabilities OR one of the borrowers is a guardian for, resides with, and is the principal caregiver for an immediate family member who is disabled (regardless of age).
  • ​Disability is documented by submitting:​​
  • ​a CDA "Certificate of Disability" completed by a health, mental health, or disability professional; and/or 
  • ​​a proof of income from Social Security Administration (i.e. SSI or SSDI), VA or former employer: the proof is a copy of the borrower's disability policy, award letter or benefits statement from the benefits payer (insurance company, employer or other qualified disinterested party), per FNMA's guidelines; or
  • a proof of application for disability benefits evaluation and a copy of the Social Security Administration office’s decision on the application.
  • ​It is entirely CDA’s decision as to the sufficiency of the documentation​.
• ​Borrower(s) individual income is less than or equal to the Area Media Income Limits shown below. 
  
  

​Unless otherwise stated, all requirements and guidelines of the Maryland Mortgage Program apply. Please refer to overlays and underwriting guidelines for US BANK and GSEs (FNMA & FHLMC) for additional requirements.

lender list​ for that status.

​For more information:​​​

HomeAbility Fact Sheet
Directive​
CDA Certificate of Disability​​ ​​​​