Happy Homeownership Month!

BY GREGORY HARE

June is National Homeownership Month—a time to reflect on the power of owning a home and building stronger communities. The Maryland Mortgage Program (MMP) understands that REALTORS® are at the forefront of guiding Marylanders to homeownership!

MMP is proud to support real estate professionals by offering various resources designed to make homeownership more accessible. From down payment assistance to innovative solutions like the Maryland SmartBuy initiative, MMP equips REALTORS® with the tools to better serve their clients.

In April, we celebrated the outstanding contributions of our partners during MMP’s Annual Awards Ceremony. The event honored top-performing lenders, realtors, loan officers, and processors who have been instrumental in the program’s success.

As we observe Homeownership Month, we extend our gratitude to all our partners whose dedication makes homeownership attainable for many Marylanders. For more information on how MMP can assist you, visit mmp.maryland.gov.

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.gov, singlefamilyhousing.dhcd@maryland.gov, 1-800-756-0119