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A variety of programs are available to help low- or moderate- income people purchase a home in Massachusetts. Most programs are limited to first-time homebuyers. Programs include:
· The Soft-Second Mortgage Program that helps low and moderate income families purchase their first homes;
· Local Homebuyer Programs that make loans to first-time homebuyers with incomes at or below 80% of the area median income;
· A number of programs through the Massachusetts Housing Finance Agency (MHFA) that provide below-market rate mortgage financing for first-time homebuyers; and
· A variety of Homebuyer Counseling Services.
WorkWORLD™ Help/Information System
Topic Title: Homeownership Opportunities - Massachusetts
Topic URL: https://help.workworldapp.com/wwwebhelp/homeownership_opportunities_massachusetts.htm
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Page Last Updated: 02/01/2012 06:00:00