$25,000 second mortgage, 15-year fixed and fully amortizing: 2% interest for incomes up to 80% of area median income, 3% interest for incomes above 80% up to 135% of AMI. Due at sale, refinance, or payoff of the first mortgage.

Paired with: Conventional, FHA

• First-time homebuyer: Required
• Primary residence only
• Income: Household income up to 135% of area median income; limits vary by county and household size.
• Homebuyer education required

Available statewide. Must be paired with a MassHousing first mortgage. 1-4 unit homes and condominiums are eligible. The temporary 0% deferred option ended for rate locks after July 2, 2026; the 2% and 3% amortizing options returned July 6, 2026.

Source: www.masshousing.com

$30,000 at 0% interest as a deferred second mortgage, due at sale, refinance, or payoff of the first mortgage.

Paired with: Conventional, FHA

• First-time homebuyer: Required
• Primary residence only
• Income: Household income at or below 80% of area median income (AMI).
• Homebuyer education required

Targets lower-income first-time buyers. Available statewide. 1-4 unit homes and condominiums are eligible. Paired with a MassHousing Workforce Advantage first mortgage; WFA income limits are set by MassHousing and updated yearly.

Source: www.masshousing.com

Enhanced down payment and closing cost assistance stacked on the ONE Mortgage: up to 3% of purchase price (max $50,000) for households at or below 100% AMI, and up to 2% (max $35,000) for households 101-135% AMI, plus closing costs.

First-time homebuyers (no home owned in the last 3 years) who currently live in Boston; pre-purchase homebuyer education required. Minimum credit score 640 for a single-family or condo, 660 for a 2-3 family. Household assets under $100,000. Paired with the MHP ONE Mortgage first mortgage.

Source: www.boston.gov