Low Income Eligibility
ONE Mortgage for low and moderate-income first-time homebuyers
If you are a first-time homebuyer and looking to purchase a home in need of major repair, MassHousing’s Purchase and Rehabilitation loan might be just the program for you. Mortgages covering the purchase price of the home plus necessary rehabilitation costs are available through MassHousing-approved Rehabilitation Lenders.
Source: My Mass Mortgage
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More than 50,000 families have used a simple, straightforward MassHousing loan to buy their first home.
Source: My Mass Mortgage
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Offered by Massachusetts Housing Partnership (MHP) and designed specifically for low- and moderate-income first-time homebuyers,the ONE Mortgage offers consumers the comfort of knowing their mortgage is financially sustainable.