Purchase · MassHousing
MassHousing loans: affordable homeownership, made in Massachusetts
MassHousing is the Commonwealth's affordable housing bank. Its loans pair competitive interest rates with down payment help and job-loss protection — built specifically for Massachusetts buyers.
Overview
What is a MassHousing loan?
MassHousing is a quasi-public agency that helps make homeownership reachable across the Commonwealth. A MassHousing loan is a mortgage offered through participating lenders that comes with competitive interest rates and borrower-friendly features you won't find on a standard loan. It's available only for homes in Massachusetts, to buyers whose income falls within their county's limit.
Competitive interest rates
MassHousing's backing helps keep rates competitive for eligible buyers.
Low down payment
Buy with as little as 3% down, with assistance available to help cover it.
MI Plus protection
Optional coverage can help pay your mortgage if you lose your job.
Made for Massachusetts
Designed around the needs of buyers right here in the Commonwealth.
Eligibility
Do you qualify?
MassHousing loans are for Massachusetts buyers within their county's income limit.
Borrower requirements
- Massachusetts residents buying a home located in Massachusetts
- Income within your county limit — see the map below
- Credit score around 640+ for most MassHousing programs
- Homebuyer education is required for first-time buyers
Property & use
- Primary residence — the home you'll live in
- 1–4 unit homes and approved condos are eligible
- First-time and qualified repeat buyers may be eligible
- Pairs with down payment assistance to reduce upfront cash
Loan Details
The numbers at a glance
MassHousing offers competitive interest rates and pairs well with down payment assistance. Program terms and income limits are set by MassHousing and can change — a loan officer will confirm the current details for your county and household.
Income Limits
Income limits by county
Income eligibility caps vary by county. Hover or tap your county to see the limit for MassHousing programs.
Income limits shown by county. Limits are periodically updated by MassHousing; a loan officer will confirm the current figure for your county and household size.
FAQ
Common questions
Who is eligible for a MassHousing loan?
Buyers purchasing a primary residence in Massachusetts whose household income falls within their county's limit. Both first-time and qualified repeat buyers may be eligible, depending on the program.
What are the income limits?
Income limits are set by county — see the map above for the limit in each of the 14 counties. Your eligibility is based on household income, so a loan officer will confirm where you stand.
How are MassHousing's rates?
MassHousing offers competitive interest rates for eligible buyers, and its loans can be paired with down payment assistance and optional MI Plus job-loss protection — features that add real value beyond the rate alone.
Can I combine it with down payment assistance?
Yes. MassHousing loans are designed to pair with down payment assistance, which can cover a large share of your down payment and closing costs.
Get Started
See if a MassHousing loan fits
Tell us a little about yourself and a loan officer will reach out — usually the same day.