Chase Homebuyer Grant

What is Chase Homebuyer Grant?

Chase Homebuyer Grant is a grant for homebuyers in Maryland, administered by JPMorgan Chase Bank, N.A.

• The Chase Homebuyer Grant provides $2,500 or $5,000 (by area) to customers buying a primary residence in an eligible census tract, on DreaMaker, Standard Agency, FHA, or VA loans. Applied first to lower the rate, then fees, then down payment. No repayment; not limited to first-time buyers. Eligible tracts include Maryland.
• Up to $5,000 grant, never repaid.
• Lowers rate, covers fees, or down payment.
• Not first-time-buyer only.
• No income limit (geography-based).
• Funding comes from JPMorgan Chase (lender grant).

How much assistance does it provide?

Chase Homebuyer Grant offers up to $5,000 in assistance.

• Amounts are the program's published maximums, not an offer — JPMorgan Chase Bank, N.A. determines any individual award.

Do you have to pay it back?

Chase Homebuyer Grant is structured as a grant, so it is not repaid.

• Repayment is triggered by None - grant, no repayment.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Chase Homebuyer Grant is open to buyers who will live in the home as their primary residence.

What are the income limits?

Chase Homebuyer Grant sets its income limit as follows: No income limit on the grant itself; grant is property-location (eligible census tract) based.

• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Chase Homebuyer Grant can be used for Single Family, Condo, and Townhouse.

Where does it apply?

Chase Homebuyer Grant serves buyers purchasing anywhere in Maryland.

• The program targets specific areas: Eligible LMI/selected census tracts incl. Maryland (Baltimore metro, DC-MD suburbs). Verify address at chase.com. Grant is $2,500 or $5,000 depending on tract.

How do you apply?

Applications for Chase Homebuyer Grant go through JPMorgan Chase Bank, N.A., which publishes the current terms and the application steps on its own site.

1. 1

   Contact JPMorgan Chase Bank, N.A. to reserve funds

   Funds are reserved with the provider and are subject to availability.

2. 2

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.