06/11/2026
Big News! First Time Homebuyers that meet the income limitations can combine the following two down payment assistance programs to get up to $65,000 with deferred payments and 0% interest
Maryland Mortgage Program Montgomery Homeownership Program
DPA loan of 40% of borrower’s income up to $25,000.
Deferred payments at 0% interest
Purchase a property in Montgomery County
Minimum 640 FICO
Income limits
Homebuyer counseling class required
Other MMP restrictions apply
City of Gaithersburg Downpayment Assistance Program
DPA loan up to $40,000
Funding maximums are per household income:
81% - 120% AMI up to $25,000
up to 80% AMI up to $40,000
Deferred payments at 0% interest.
Property must be within the City of Gaithersburg corporate limits. Minimum 620 FICO.
Homebuyer counseling class required
Additional terms and conditions apply.