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Statewide programGrant

Chase Homebuyer Grant

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

Last verified Source: JPMorgan Chase Bank, N.A.
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The program asks for

  • The home is occupied as a primary residence
  • Lender-specific (Chase mortgage required). Grant follows the property/tract. Amount $2,500 or $5,000 by area.
  • A home in Maryland

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

Where it applies

Maryland’s homes

  • 51.2% single-family
  • 21.3% townhouse
  • 3.6% 2–4 units
  • 22.6% 5+ units
  • 1.3% mobile & other

A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.

$419,900

Maryland median home value

51.2%

built before 1980

U.S. Census Bureau, ACS 2024 5-year.

How to apply

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

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

  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 homebuyer can take it to a lender or housing counselor.

Questions about this program

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 homebuyers who will live in the home as their primary residence. Lender-specific (Chase mortgage required). Grant follows the property/tract. Amount $2,500 or $5,000 by area.

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

Also for Maryland homebuyers

Whether two programs can be combined is up to each agency. Ask before you apply.

All 81 programs for Maryland

Program terms are set by JPMorgan Chase Bank, N.A. and can change; confirm on the official site before you apply.