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Down Payment & Settlement Expense Loan Program (DSELP)
MD Dept. of Housing & Community Development (DHCD)



Program Overview

Down Payment & Settlement Expense Loan Program (DSELP) is a program that offers $5,000 for downpayment or closing cost assistance in conjunction with CDA loans. All of Maryland

Property Eligibility Requirements

All of Maryland - different limits for incomes and maximum purchase prices are applicable in different locations.

The sales price cannot exceed $ maximum purchase prices are applicable in different locations..

Allowable property types: Existing single family, new construction (MUST be in a designated Priority Funding Area), townhouses, detached or semi-detached homes; condominium units, modular or manufactured homes (with state-approved code compliance)

Benefit Details

The DSELP loan is a 0% deferred loan, repayable upon sale of the home or refinancing of the state’s loan. The maximum DSELP is $5,000.

Loan Term:30 years
Homebuyer Counseling /
Education Required:
Owner Occupancy Required:Yes
Other Program Comments:Mortgage insurance is required. Borrowers must apply through participating lenders. The lenders work with Maryland?s housing finance agency, the Community Development Administration (CDA), within the Department of Housing and Community Development (DHCD).

Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on this site. Some inaccuracies may exist. For verification contact a certified REALTOR member or a participating Lender.

For more information about this and other homebuyer programs please contact one of the following:

Workforce Housing Certified REALTOR®


Find a participating Lender