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 up to 95% LTV in a first lien and up to 25% (with a maximum of $45,000) in a second lien to assist with down payment and closing costs. The combined LTV may not exceed 105%. 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.

HomeAbility – Maximum Income/Affordability Limits for Borrowers

(Subject to change when Fannie Mae and Freddie Mac update their income limits, usually once a year. Updates are announced by directive.)
​Limits effective 6/24/2022​

County Na​​me​​ Low-income - 80% AMI
Alleg​any​​​
$57,040​​​
Anne Arundel
$92,880​
Baltimore
$92,880
Baltimore City
$92,880
Calvert​
$112,400
Caroline
$74,880​
Carroll
$92,880
Cecil
$84,320
Charles
$112,400​​
Dorchester
$74,880
Frederick
$112,400
Garrett​​
$74,880
Harford
​$92,880
Howard
$92,880
Kent
$75,200
Montgomery
$112,400
Prince George's
$112,400
Queen Anne's
$92,880
Somerset
$91,440
St. Mary's
$71,200
Talbot
$80,880​
Washington
$62,000
Wicomico​
$71,200​
Worc​​​​​ester​​​​​$71,200

​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.​​​

​HomeAbility can only be offered by lenders who have achieved gold- or silver-tier status.

Lende​r list for that status

​For more information:​​​

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

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