Maryland Mortgage Program 1st Time Advantage 4% Loan

At a Glance

Loan for home purchase PLUS down payment and closing cost assistance deferred loan

Who's Eligible?

Baltimore City homebuyers who meet income and other program requirements

To Get Started

Complete homeownership counseling and contact a Maryland Mortgage Program-approved lender

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 4% Loan comes with a down payment assistance loan equal to 4% of the first mortgage, structured as a 0% deferred interest second lien.


This program allows you to borrow money to buy your home and reduces the amount of money you’ll need up-front to buy your home.


  • You must earn a homeownership counseling certificate before closing on your home.
  • You may not own other properties at the time of closing.
  • You must live in this home as your primary residence.
  • You must use a Maryland Mortgage Program-approved lender.
  • For purchases in Baltimore City, this program is not limited to first-time homebuyers.
  • Your mortgage amount cannot exceed Maryland Mortgage Program limits.
  • Household income cannot exceed Maryland Mortgage Program limits
  • The Maryland HomeCredit Program cannot be used with 1st Time Advantage loans.
  • Maryland Mortgage Program Partner Match cannot be used with 1st Time Advantage 4% loans.


Maryland Department of Housing and Community Development, Maryland Mortgage Program

We're here to help.

Have more questions about this or other Baltimore City homeownership incentives? We're here to help! Send us an email or give us a call at (410) 637-3750. A Live Baltimore team member can walk you through your options.
Contact Us