Buy in Frederick County With Little or Nothing Out of Pocket

Up to $18,000 toward down payment and closing costs — a 0% deferred loan with no monthly payments ($15,000 at 51–80% of area median income; up to $18,000 at or below 50%). Live or work in Frederick County, put in $500 of your own funds, and complete a homebuyer class. It can stack with other programs.

Buying inside Frederick city limits? Up to $25,000 in assistance, 0% deferred, with no payments until you sell or refinance.

Up to $8,000 toward down payment and closing costs (some buyers up to $10,000), as a 0% deferred loan.

Frederick County employees using an MMP loan can reach $17,000 in total assistance — $8,500 from MMP matched by $8,500 from the county.

No down payment where the property is USDA-eligible. Most of the county outside the City of Frederick, Ballenger Creek and Clover Hill qualifies — eligibility is address-specific, with income limits.

$6,000 flat, or 3%, 4% or 5% of your loan toward down payment and closing costs — a 0% deferred second loan with no monthly payments.

6% of your loan in assistance for households at or below 50% of area median income — 0% deferred, no monthly payments.

$5,000 or 3% of your loan toward down payment and closing costs, as a 0% deferred loan.

Student debt paid off at closing — up to $25,000 (up to 15% of the price), forgivable over 5 years. 720 minimum credit score.

Employer and agency matching funds that can add up to $5,000 more toward your down payment and closing costs.

Certified teachers, firefighters, police officers, EMTs and paramedics, 911 specialists and rescue squad members get extra MMP assistance for serving the community.

Teachers, law enforcement, firefighters and EMTs can buy a HUD-owned home at 50% off the list price in revitalization areas, with a 3-year occupancy commitment.