Affordable First Mortgages

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Massachusetts Housing Partnership (MHP) ONE Mortgage Program

Maximum income limits vary by property location. Refer to the MHP One income limit charts.

Maximum Amount

N/A

Benefits

  • Low down payment requirement.
  • No limit on home appreciation.
  • Interest rate discount (30 points).
  • Helps Section 8 voucher holders become homeowners.
  • No Private Mortgage Insurance (PMI) so the monthly payment remains affordable.
  • 100% AMI limits.
  • Borrowers below 80% AMI may be eligible for an MHP subsidy for down payment.