SmartBuy

Highlights & Terms

  • Pay off student debt during the purchase of a home
  • Student debt minimum of $1,000 and maximum 15% of the home purchase price
  • Minimum FICO score of 720
  • Down payment and closing cost assistance is available and provided by the Community Development Association (CDA) in the amount of $5,000

Guidelines & Consideration

  • Primary residences only
  • Household income limits apply
  • Property must be currently owned by, and available from, the state of Maryland
  • Must meet all MMP eligibility requirements
  • All student loan debt must be paid off at the time of home purchase
  • Down payment minimum of 5% of the sales price is required
  • Homebuyer education course required

Income restrictions, minimum credit scores, CDA program requirements and qualifications apply.

READY TO GET STARTED?

Fill out the form below and I will contact you about this program and other options available for first time buyers.

NOTE: First Home Mortgage Corporation does not share or sell your personal information with outside companies for promotional use.

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