Maryland Mortgage Program House Keys 4 Employees
First Time Homebuyers
Type Of Program
Deferred Second Mortgage
Maryland Department of Housing and Community Development, Maryland Mortgage Program
The Maryland Mortgage Program (MMP) helps homebuyers in Maryland achieve their dream of homeownership through a range of programs that make purchasing and owning a home more affordable. MMP home loans are 30-year fixed-rate loans available as either Government or Conventional insured loans.
- 1st Time Advantage loans are designed to offer eligible homebuyers the lowest 30-year fixed interest rate available for Maryland Mortgage Program loans.
- The 1st Time Advantage 5000 loan comes with a $5,000 loan for down payment and closing costs, structured as a 0% deferred interest second lien.