Most participants must be first-time homebuyers, though exceptions exist for certain "Targeted Areas".
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 maryland smart buy program
The program is a unique initiative designed to help homebuyers eliminate student debt while purchasing a home. Unlike typical assistance programs that only focus on down payments, SmartBuy directly pays off your outstanding student loans as part of the home-buying process. How the Program Works Most participants must be first-time homebuyers