You must complete an approved homebuyer education class .

You must have at least $1,000 in student loan debt.

It can provide up to 15% of the home purchase price (capped at $30,000 ) toward student debt relief. Example of Stacking Benefits Maryland Smartbuy Loan

Household income must fall within specified limits, which vary by county and household size.

This latest version allows you to purchase any home in Maryland that meets MMP guidelines.

The home must be "move-in ready" and serve as your primary residence. Current Versions

Most participants must be first-time homebuyers, though exceptions exist for certain "Targeted Areas".