To get a MassHousing Mortgage, you must:

  • Meet our income limits. Income limits vary depending on the type of MassHousing loan you obtain and where you purchase. Our highest income limit is $157,950. Some loans have maximum income limits based on household size. Others are based on the income of the borrower(s). A MassHousing lender partner will work with you to determine what program is right for you.
  • Meet our minimum credit score requirements. A minimum credit score of 640 is required.
  • Complete a certified first-time homebuyer class if you are a first-time buyer. Find a home buyer education course here. Complete a pre-purchase multifamily landlord training course, if you are purchasing a multifamily home (i.e. 2- 3- or 4-family property)
  • Agree to live in the property as your primary residence. 
  • Meet other underwriting criteria such as debt-to-income ratios and ability to repay debt. A MassHousing lender partner will work with you to determine what program is right for you.

MassHousing’s home buying experts are ready to answer any question you may have about MassHousing loans.  Call us at 1-888-843-6432 or email us at homeownership@masshousing.com