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MMP 1st Time Advantage 6000

Quick answer

MMP 1st Time Advantage 6000 is a Maryland down payment assistance program from Maryland Department of Housing and Community Development. It provides $6,000 loan for down payment and closing costs as a deferred-payment loan. It is aimed at first-time buyers. Eligibility, income limits and funding are set by the agency, so confirm current terms on its official page.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsLast verified

Who qualifies for MMP 1st Time Advantage 6000?

Zero-percent second lien with no payments for the life of the first mortgage; due when the first mortgage ends.

DetailProgram terms
Assistance$6,000 loan for down payment and closing costs
TypeDeferred-payment loan
Minimum creditNot published on the program page
First-time buyerRequired
Income limitsSee official page

How does MMP 1st Time Advantage 6000 work with an FHA loan?

Maryland's 2026 FHA one-unit limits start at $541,287, which supports a price of about $560,000 with 3.5% down. On a $250,000 home, the minimum FHA down payment is $8,750 — assistance of up to $6,000 could cover it and part of closing costs, subject to program rules.

Where do I confirm current terms?

On the official page: https://mmp.maryland.gov/home-loans/mmp-1st-time-advantage. Programs can pause when funds run out, so confirm availability with a participating lender.

“Comes with a $6,000 loan for down payment and closing costs.” — Maryland Department of Housing and Community Development

← All Maryland down payment assistance programs

Frequently asked questions

$6,000 loan for down payment and closing costs, according to Maryland Department of Housing and Community Development.

It's a deferred loan — no monthly payments, repaid when you sell, refinance or pay off the first mortgage.

Sources

Data last updated October 23, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.