*You do not have to be a first-time homebuyer if you are purchasing a home in Boston, Chelsea, Cambridge, Everett, Fall River, Lawrence, Lynn, North Adams and Somerville.
Competitive, fixed interest rates and 30-year terms with flexible credit and qualifying requirements
A 0% interest, deferred down payment or closing cost assistance loan option of up to 3% for eligible borrowers
Up to 97% loan-to-value (LTV) first mortgage financing on single-family homes and condos
Up to 95% first mortgage financing on two-, and three-family homes with as little as 3% required from the borrower
Borrower or lender paid mortgage insurance options are available
Loans insured by MassHousing feature MIPlus™ Mortgage Payment Protection benefit, which helps repay your loan if you are deployed or lose your job, or for Reservists and National Guard Members called to active duty