Maryland Mortgage Program - Flex Loan

Administered by: Maryland Department of Housing and Community Development · State · Deferred Loan

Funding status: Active

How much assistance

Up to $6,000 (Deferred Loan)

Zero-interest deferred second mortgage with no monthly payments. Balance due when the first mortgage is paid off, refinanced, or the property is sold.

Eligibility

  • Income limits: Varies by county and household size. See MMP income limit chart for specifics.
  • First-time buyer required: No
  • Credit score minimum: 640
  • Geographic restrictions: Must purchase a home in Maryland as primary residence.
  • Homebuyer education required: Yes

How to Apply for Maryland Mortgage Program - Flex Loan

Step 1: Contact an MMP-approved lender to get pre-qualified. Available to both first-time and repeat homebuyers.

Visit program website

Notes

Flex 6000 is eligible for Partner Match funds up to $2,500 in additional DPA. Flex 5000 provides $5,000 and Flex Direct has no DPA but the most competitive rates.

Available Statewide In