Smart Keys 4 Employees (SK4E)

What is Smart Keys 4 Employees (SK4E)?

Smart Keys 4 Employees (SK4E) is a deferred second loan for homebuyers in Maryland, administered by Maryland DHCD, Community Development Administration, Maryland Mortgage Program.

• A 'Smart Growth' enhancement to House Keys 4 Employees providing an additional $1,000 0% deferred loan when the purchased property is within 10 miles of the borrower's employer (or within the local jurisdiction) and in a Priority Funding Area. Added to HK4E partner-match funds.
• Additional $1,000 in 0% deferred DPA.
• Layered with HK4E and the $6,000 base MMP assistance.
• Funding comes from Maryland DHCD / Community Development Administration (Smart Growth enhancement).

How much assistance does it provide?

Smart Keys 4 Employees (SK4E) offers up to $1,000 in assistance.

• The program can be combined with House Keys 4 Employees, MMP Partner Match, and non-MMP programs.
• Amounts are the program's published maximums, not an offer — Maryland DHCD, Community Development Administration, Maryland Mortgage Program determines any individual award.

Do you have to pay it back?

Smart Keys 4 Employees (SK4E) is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

• Repayment is triggered by 0% deferred loan; repayable when home is sold or transferred, or when the first mortgage is paid off or refinanced.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Smart Keys 4 Employees (SK4E) is open to buyers who will live in the home as their primary residence.

What kind of home can it be used for?

Smart Keys 4 Employees (SK4E) can be used for Single Family, Townhouse, and Condo.

Is there eligibility for specific groups?

Smart Keys 4 Employees (SK4E) is limited to employees of Employees of participating HK4E partner employers.

• Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Smart Keys 4 Employees (SK4E) serves buyers purchasing anywhere in Maryland.

• The program targets specific areas: Priority Funding Areas; property within 10 miles of employer or within local jurisdiction.

How do you apply?

Applications for Smart Keys 4 Employees (SK4E) go through Maryland DHCD, Community Development Administration, Maryland Mortgage Program, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through Per Maryland Mortgage Program requirements.

2. 2

   Contact Maryland DHCD, Community Development Administration, Maryland Mortgage Program to reserve funds

   Funds are reserved through Borrower submits Verification of Partner Contribution to MMP lender; layered on House Keys 4 Employees, and are subject to availability.

3. 3

   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.