The State of Maryland has upgraded its Smart buy program. The upgrade: Smartbuy 2.0 will start on August 6th 2018. Unlike the previous one, this new version will allow home buyers to purchase any property in the state of MD as long as the borrower has at least $1000.00 worth of student debt.The amount provided to pay off the student debt is up to 15% of the house price with a maximum payoff of $30,000. The student debt must be paid off prior to closing. The loan is provided through approved lenders and the borrower must meet all requirements from the Maryland Mortgage Program ( MMP). The MD Samrtbuy program can help facilitate home-ownership and help buyers capitalize on opportunities in MD.