A MassHousing Mortgage
Every year, thousands of Massachusetts residents use a simple, straightforward MassHousing Mortgage loan to purchase their first home.
Features
- Down payment assistance of up to $30,000, available in every city and town in
Massachusetts. - Competitive fixed interest rates, no hidden fees or surprises.
- Job-Loss Protection: MassHousing’s Mortgage Insurance with MIPlus helps borrowers pay their mortgage for up to six months, up to $4,000/month, if they lose their job. MIPlus mortgage payment protection benefits are available at no additional cost on loans insured by MassHousing.
- Financing may be available for both the purchase and renovation of a home, depending on program.
- Loans serviced by MassHousing; we’re here to help if you ever need us!
Program Requirements
To be eligible for a MassHousing Mortgage with Down Payment Assistance, you must:
- Meet income limits, which vary by city and town, household size and program
- Purchase a single-family home, condominium or 2-, 3- or 4-family property
- Use the home as your primary residence
Additional eligibility requirements apply. Contact a MassHousing partner lender to see if a MassHousing Mortgage loan may be right for you.
Learn More
- See why first-time homebuyers choose MassHousing.
- Contact a MassHousing partner lender to learn more, get pre-approved or apply.