There is a wide range of organizations with programs to help homebuyers, including:
Employers making an investment in the long-term sustainability of their workforce,
Home builders and real estate developers who give financial and other incentives to encourage purchase of their properties,
Community organizations that encourage homeownership as a way of building sustainable neighborhoods, and
Local governments attracting new residents to their community.
These programs often include grants, loans and other helpful assistance, and you should begin research early in the homebuying process to discover which programs may be available to you.
If you’re using the 1st Time Advantage 5000 or the Flex 5000 loan products to purchase your home, any financial assistance you receive from one or more of these Partners is matched (up to $2,500) as additional down payment assistance. This additional funding is available as a no-interest, deferred loan from the state, payable when the first mortgage is fully paid off.
There are many organizations that have already been certified as Partners, and you can search our database of
Community Organization and Local Governments to find Partners that can help you.
Special Information for State of Maryland Employees
Talk to one of our
state-approved mortgage lenders to learn how you can add Partner Match assistance to your Maryland Mortgage Program home loan.