MassDREAMS Success Stories
More than 1,000 Massachusetts residents were able to achieve their dream of homeownership thanks in part to an affordable mortgage and MassDREAMS grant from MassHousing.
Who is eligible for a MassHousing Mortgage?
MassHousing loans help households with modest incomes buy a home in Massachusetts.
- Borrowers must meet income limits and purchase a single-family home, condo or 2-4 family property
- Many of our programs are for first-time homebuyers, but we have several programs if you’ve previously owned a home.
- Credit and other eligibility requirements also apply.
How to get a MassHousing Mortgage
MassHousing is not like other lenders. Here’s what you need to know:
- MassHousing works with more than 100 lending partners to make our loans available across Massachusetts.
- You choose an approved lender and ask for a MassHousing Mortgage.
- The lender determines your eligibility for a MassHousing Mortgage and down payment assistance.
- If you are eligible, you work with the lender during the homebuying process, through loan closing.
- After closing, MassHousing purchases your loan from the lender and you make your monthly mortgage payments to MassHousing.
Homeownership Down Payment Assistance
Kay Mazara
A disciplined approach leads to homebuying success
July 19, 2022
DPA has provided flexibility in renovating and adding other touches to her new home.
Homeownership Down Payment Assistance
"Wow this is really mine!"
Aliesha Porcena is a new homeowner in Boston, thanks to hard work, a thoughtful lender and down payment assistance
August 15, 2022
Aliesha understood that buying a home is not a quick process.
Homeownership Down Payment Assistance MassDREAMS
Arlyce Porcher Joseph
MassHousing and MassDREAMS provide an unprecedented opportunity
January 11, 2023
Like many hopeful homebuyers, Arlyce was challenged by the housing market.