< What is the HIP program? >

We’re excited to announce a new program that will benefit health care professionals here in : the Maryland HIP program. HIP stands for Health Industry Professionals.

As a society, we typically honor public servants like military veterans, teachers, firefighters, and police officers. And we should... these heroes are true public servants! But sometimes we forget that health care professionals are also public servants! They work long, difficult hours to make sure we receive the health care services we need, 24/7/365.

We want to say thank you. The HIP Program is a special home buyer credit offered exclusively through The Gillespie Home Team . It is a discount that is applied to your closing costs—it is NOT a loan. It is a free credit that will reduce the amount of money that is owed at closing time.

This special credit will make the American dream of home ownership more affordable for the hardworking health care professionals that serve us here in .

You do NOT have to be a first time home buyer to apply for these special credits!

< Frequently Asked Questions >

These are the most common questions about the Maryland HIP program. For more information call (410) 330-7147

  • Is this only for first time home buyers?
    Absolutely not! If you’re currently employed in the healthcare industry, you can qualify for the HIP discount. Even if you currently own a home, your next home purchase (in the state of Maryland) could be eligible for the HIP credit.
  • Can I combine this discount with other programs? 
    Definitely. The HIP program is technically not a mortgage program (it is an independent discount). This means you can apply the discount on top of any other programs you may be eligible for (FHA loans, first time home buyer programs, etc).
  • Are there income or credit requirements for the HIP program?
    No. The HIP program is an independent discount for healthcare professionals here in Maryland. It is not a mortgage program; therefore, there are no income or credit qualifications! You can apply the HIP discount to whatever financing or mortgage product you qualify for.
  • Is there a purchase price limitation?
    No way! The HIP program was designed to encourage higher rates of home ownership for healthcare professionals here in . Unlike some other programs, there are no limits on the price of home you can purchase.
  • How long does it take to apply?
    The HIP discount does not require extensive paperwork or applications. Most home buyers find out within 12 hours if they will qualify for the discount.
  • How much money can I save with the HIP discount?
    The exact number varies, but most home buyers in can expect to save around $750 (or more). This discount can be combined with other mortgage programs to save even more!