Maryland Mortgage Guide
Complete Maryland mortgage guide with median home prices, property tax rates, denial rates, and down payment assistance programs for 2026.
In Maryland, the median home price is $429,159 and median household income is $98,678. The mortgage denial rate for home purchases is 9.03% according to 2025 HMDA data. 2 down payment assistance programs are available, including MMP 1st Time Advantage 6000 ($6,000 DPA loan at 0% interest, deferred for the life of the first mortgage; available to first-time homebuyers.).
Maryland at a Glance
Median prices based on 2025 FHFA data. Income from 2024 Census ACS. Denial rates from 2025 HMDA data.
Mortgage Calculator for Maryland
Estimate your monthly payment with the interactive Maryland mortgage calculator. Includes property taxes, mortgage insurance, and down payment assistance programs.
Open Calculator →Mortgage Denial Rates in Maryland
In 2025 Home Mortgage Disclosure Act (HMDA) data for home purchases, Maryland logged 91,433 final-action applications. The mortgage denial rate was 9.03% and the originated share was 69.65%.
These figures show aggregated market outcomes, not an individual buyer's approval odds. Use these figures as context, not a prediction.
Down Payment Assistance Programs in Maryland
MMP 1st Time Advantage 6000
Maryland Mortgage Program
$6,000 DPA loan at 0% interest, deferred for the life of the first mortgage; available to first-time homebuyers.
MMP 1st Time Advantage 4%
Maryland Mortgage Program
DPA equal to 4% of the first mortgage amount at 0% interest, deferred for the life of the first mortgage.
Maryland County Calculators
These calculators use local tax and benefit data for each county.
Denial: 7.60% · Tax: 1.00% · 1 DPA programs
Denial: 11.12% · Tax: 2.40% · 1 DPA programs
Denial: 11.12% · Tax: 1.10% · 1 DPA programs
Denial: 6.04% · Tax: 1.10% · 1 DPA programs
Denial: 7.03% · Tax: 1.10% · 1 DPA programs
Denial: 7.01% · Tax: 1.00% · 1 DPA programs
Denial: 12.24% · Tax: 1.40% · 1 DPA programs
Maryland City Calculators
These calculators include local taxes, closing costs, and assistance programs for each city.
Maryland Mortgage FAQ
What is the median home price in Maryland?
The median home price in Maryland is approximately $429,000 as of 2025, based on FHFA housing price index data.
Does Maryland have down payment assistance programs?
Yes. Maryland offers MMP 1st Time Advantage 6000 ($6,000 at 0% deferred), MMP 1st Time Advantage 4% (4% of first mortgage), and SmartBuy (up to 6% for buyers with student debt).
What is the mortgage denial rate in Maryland?
The statewide mortgage denial rate for home purchases in Maryland is 9.03% based on 2025 HMDA data.
How do Maryland property taxes compare to other states?
Maryland property taxes are moderate, averaging around 1.09%, close to the national average. Maryland offers homestead tax credits that limit assessment increases.