Is Home Ownership an option for you? The answer is probably YES.
Did you know? Massachusetts, especially the Boston area, is eager to help YOU become a home buyer!
What does this mean?
Mass Housing in association with FHA offers first time home buyer programs that allow qualified borrowers to get 97% loans AND 3% grants on mortgages up to $688,850 for a condo or single family. This Chart shows the FHA Loan Limits for Suffolk, Norfolk and Middlesex Counties:
NORFOLK, SUFFOLK, MIDDLESEX | |||
Single | Duplex | Tri-plex | Four-plex |
---|---|---|---|
$688,850 | $881,850 | $1,065,950 | $1,324,750 |
So who qualifies? Probably YOU. The maximum income in these same areas for a single earner is $147,420.
Want to know more? Call or Email our agents today.
For Details on the Mass Housing program you can also visit
https://www.masshousing.com/portal/server.pt/community/home_buyer_loans/226/down_payment_assistance