Affordable First Mortgages

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MassHousing Mortgage Non-FTHB Conventional

Maximum income and purchase price limits vary depending on insurer and/or product. Review program guidelines for relevant details.

Maximum Amount

N/A

Benefits

  • Buyers Up to 135% of AMI are eligible.
  • FHA or Conventional financing.
  • Do not have to be a first-time homebuyer.
  • Affordable interest rates for the life of the loan.
  • Eligible loans include mortgage payment protection, which helps pay your mortgage for up to 6 months in case you lose your job.
  • Property rehab options available.
  • Charter (Reduced) Level Mortgage Insurance (MI) coverage rates when Conventional loan with less than or equal to 80% Area Median Income (AMI).