Purchase and Renovate
Are you interested in buying a home in need of repair? Would you like to make updates or improvements before moving in? You can do it with one affordable loan from MassHousing!
Purchase and Renovation Loan Benefits
- Financing for both the purchase of a home and renovation costs
- A single, monthly mortgage payment that is easier to manage over the life of the loan
Plus All the Great Features of a MassHousing Mortgage
- Affordable, fixed interest rates, fixed for the life of the loan
- Flexible underwriting and income limits
- MI Plus mortgage payment protection on loans insured by MassHousing
- Loan servicing by MassHousing. If you have a question, you'll know who to call!
Down Payment Assistance
Purchase & Renovation borrowers can qualify for a down payment assistance loan for up to 5% of the purchase price or $15,000, whichever is less. Learn more about Down Payment Assistance from MassHousing!
To learn more about a MassHousing Purchase and Renovation Loan, contact a participating lender. Or, complete the form below!