Fall is the Season of Fresh Starts

BY GREGORY HARE

Fall is around the corner, and as we transition into the new season, Marylanders are ready for a fresh start! The Maryland Mortgage Program (MMP) is proud to continue supporting individuals and families on their path to homeownership with innovative tools, trusted partners, and accessible solutions.

MMP is ready to match your client’s renewed energy with resources that make homebuying more achievable. Whether it’s down payment assistance, competitive interest rates, or specialized initiatives like SmartBuy for borrowers with student debt, MMP helps Marylanders take confident steps toward owning a home.

Check Out Some of Our Available Products:

• Flex 3% Loan - Comes with a down payment assistance loan equal to 3% of the first mortgage in a 0% deferred second lien. Can be used for repeat buyers.

• FHA 203K Limited Loan - Allows for additional financing for repair/modernization as part of the home purchase.

• 1st Time Advantage Direct - No DPA but offers the lowest interest rate available with a MMP loan.

Gregory Hare is the Assistant Secretary, Maryland Department of Housing and Community Development.mmp.maryland.govsinglefamilyhousing.dhcd@maryland.gov1-800-756-0119