Prospective Buyer Resources
We offer a database of information divided into four main sections for your convenience.
You can search through all of our sections simultaneously.
The Section 203(k) program is the Department's primary program for the rehabilitation and repair of single-family properties. The program allows the borrower to get just one mortgage loan, at a long-term fixed or adjustable rate, to finance or refinance both the acquisition and the rehabilitation.
This page allows you to look up the FHA mortgage limits for your area or several areas, and then list them by state, county, or Metropolitan Statistical Area.
“Energy Efficient Mortgages” also known as EEMs, make it easier for borrowers to qualify for loans to purchase homes with specific energy-efficiency improvements. Lenders can offer conventional EEMs, FHA EEMs, or VA EEMs.
MassHousing's Home for the Brave program offers affordable, no-downpayment mortgage financing for veterans of the U.S. Armed Services. In conjunction, grants from the Veterans Administration are available to help disabled veterans make accessibility upgrades to properties they are interested in purchasing.
This a graphic description on how a soft second mortgage is set up is provided to you by Mass Housing.
An individual development account (IDA) is a special matched savings account to help low-income people put money aside for homeownership, education, or a small business. For every dollar you deposit in your IDA account, the IDA program puts in one or more matching dollars. Your savings double or triple (or even more) with the matching IDA deposits. For more information as well as finding a program near you follow this link.
If you ever find any home loan advertisement that seems a bit unreal, it probably is. This site is to alert you to possible scams and it is very important info to know and spread around amongst your friends and family.
MassWorks is an employer-assisted mortgage program for first-time homebuyers offered by the Massachusetts Housing Partnership in conjunction with the state Department of Housing and Community Development and participating lenders.
MassHousing is the state's affordable housing bank. We lend money at rates below the conventional market to support rental and home ownership opportunities for low-and moderate-income residents of the Commonwealth. MassHousing relies on private non-profit and for-profit developers to construct and operate the rental housing that we finance, and on an extensive network of approved lenders to deliver our home mortgage programs to first-time home buyers.
Moving.com (formerly Boston.com's)Financing page has links to mortgage quotes, mortgage calculators, and various loan programs.This links you to the daily market commentary.
Moving.com's (Formerly boston.com)Mortgage page has links to mortgage quotes, mortgage calculators, and various loan programs. Mortgage 101 directs you to general mortgage information.
Moving.com's (formerly boston.com) Financing page offers this helpful link to mortgage calculators and other such tools. This link will help the reader calculate mortgages,income, upfront costs and how the lender will rate their credit.
Fannie Mae offers a variety of housing finance options through its single-family, multifamily, and American Communities Fund investments to help increase affordable housing opportunities for Native Americans on tribal lands.
On March 20, 2008 Mass Housing released this valuable new tool for the new homebuyer. This calculator enables you to perform a practice calculation of what your most likely monthly payments will be if you will be using a soft second mortgage. Included are comparative monthly mortgage amounts for a 30 year fixed rate mortgage.
Important for consumers who are shopping for a good mortgage lender! This state resource,by the division of banks,provides a list of companies whoÂ’s applications have not been renewed and my no longer be authorized to conduct business as lenders.
The Federal Reserve Bank of San Francisco explains on this site what private mortgage insurance is, and why you should look into it.
New updates on Soft Second Mortgages provided by the Massachusetts Housing Partnership (MHP). New regulations are marked with yellow highlights.
This page, by "Mass Resources.org" offers information you will need when shopping for an affordable soft second mortgage product.
Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities. Applicants for loans may have an income of up to 115% of the median income for the particular area
VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy. VA Home Loans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.