Skip to content
Purchase Mortgage Loan
Get Pre-Approved

MassHousing Down Payment Assistance (Option 1)

Quick answer

MassHousing Down Payment Assistance (Option 1) is a Massachusetts down payment assistance program from MassHousing. It provides Up to $30,000 as a deferred-payment loan. It is aimed at first-time buyers. Eligibility, income limits and funding are set by the agency, so confirm current terms on its official page.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsLast verified

Who qualifies for MassHousing Down Payment Assistance (Option 1)?

Interest-free deferred second mortgage; the balance is due when the home is sold or refinanced or the first mortgage is paid off.

DetailProgram terms
AssistanceUp to $30,000
TypeDeferred-payment loan
Minimum creditNot published on the program page
First-time buyerRequired
Income limitsSee official page

How does MassHousing Down Payment Assistance (Option 1) work with an FHA loan?

Massachusetts's 2026 FHA one-unit limits start at $541,287, which supports a price of about $560,000 with 3.5% down. On a $250,000 home, the minimum FHA down payment is $8,750 — assistance of up to $30,000 could cover it and part of closing costs, subject to program rules.

Where do I confirm current terms?

On the official page: https://www.masshousing.com/en/home-ownership/homebuyers/down-payment-assistance. Programs can pause when funds run out, so confirm availability with a participating lender.

“Down Payment Assistance up to $30,000” — MassHousing

← All Massachusetts down payment assistance programs

Frequently asked questions

Up to $30,000, according to MassHousing.

It's a deferred loan — no monthly payments, repaid when you sell, refinance or pay off the first mortgage.

Sources

Data last updated October 23, 2026.

Find a lender that offers MassHousing Down Payment Assistance (Option 1)

Answer a few quick questions and get matched with purchase mortgage lenders in your area. Free, and it won't affect your credit score.

Get My Matches

Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.