The Massachusetts Housing Financing Agency (MassHousing) offers residents mortgage options that help them affordably achieve homeownership. Qualifying borrowers can purchase or refinance 1 to 4-family homes and condos.
Finding the perfect affordable home financing doesn’t have to be difficult. At Homestead we have options to suit the needs of qualified home buyers in Massachusetts. The MassHousing program allows us to offer mortgage financing with competitive fixed interest rates, a low-down payment all combined with the availability of down payment assistance.
The unique job loss protection insurance called MI Plus feature can potentially help cover the principal & interest portion of your mortgage payment for up to six months.**
Product availability and guidelines subject to change at any time. Certain restrictions apply. Income and loan limits apply. All First Time Home Buyers (FTHB) must complete homebuyer’s counseling with approved Mass Housing counselor. Acquisition cost limits may also apply depending on the program.
* Source: https://www.masshousing.com/home-ownership **Subject to terms and conditions of the program
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