Maryland Smart Buy Program [ 2025 ]

Household income must fall within specified limits, which vary by county and household size.

Typically requires a minimum credit score of 640 to 720 , depending on the specific loan product. maryland smart buy program

The home must be "move-in ready" and serve as your primary residence. Current Versions Household income must fall within specified limits, which

The program is a unique initiative designed to help homebuyers eliminate student debt while purchasing a home. Unlike typical assistance programs that only focus on down payments, SmartBuy directly pays off your outstanding student loans as part of the home-buying process. How the Program Works maryland smart buy program

The program provides a 0% interest, forgivable loan to pay off your student debt.

Most participants must be first-time homebuyers, though exceptions exist for certain "Targeted Areas".