Down Payment Assistance with MassHousing

For qualified borrowers*, MassHousing provides down payment assistance for up to 3% of the purchase price or $12,000, whichever is less.

  • Down payment assistance is a 15-year, fixed-rate loan at 1%
    (Example: $10,000 down payment assistance loan = 180 payments of $59.85; 1.015% APR)
  • Repayment of the down payment assistance is also due upon sale or refinance of the property prior to the end of the 15-year term

*Borrowers must be first-time buyers and income cannot exceed 100% of the area median income (AMI) which varies by region. Other eligibility criteria apply. Down payment assistance available on single family homes, condo and Planned Unit Developments (PUDs).

Down Payment Assistance

Inquire About Down Payment Assistance Through MassHousing

First Time Home Buyer Program

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