Maryland Department of Housing and Community Development Expands Student Loan Payoff Assistance for First-Time Homebuyers

By Mari Lou | June 1, 2026

Maryland SmartBuy initiative has been expanded! The Maryland Mortgage Program‘s loan product for first-time homebuyers to purchase a home and pay off student debt has been increased from a current limit of $20,000 to $25,000 in student loan payoff assistance. This announcement of the program expansion marks the start of National Homeownership Month in June.…

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