If you are a first-time homebuyer, the ONE Mortgage Program is for you. ONE Mortgage offers you the comfort of knowing your mortgage is financially sustainable. Here are five reasons why you should choose ONE Mortgage:
The ONE Mortgage Program makes affordable homeownership more accessible to eligible Massachusetts homebuyers. To qualify for ONE Mortgage, you must:
If buying a three-family property, borrowers are required to participate in one-on-one counseling with an MHP-approved agency prior to closing. Click here for a complete list of MHP-approved counseling providers. Remember to bring all the documents listed on the multifamily checklist to your counseling appointment.
ONE Mortgage is available through participating lenders throughout Massachusetts.We encourage you to contact a few lenders to compare ONE Mortgage interest rates, pre-approval processes and closing costs.
It's also important to find a lender who you feel comfortable working with. The lender will apply to the ONE Mortgage Program on your behalf and they are responsible for addressing questions regarding your application.
Please note that if you are buying a home in the City of Boston, you will need to have your income certified by the Massachusetts Affordable Housing Alliance (MAHA). Please contact MAHA at 617-265-8995 for an appointment.
Click onto any of the lender links below to contact a loan officer about ONE Mortgage.
You’ve discovered why ONE Mortgage is the state’s most affordable mortgage program. You’ve learned about the eligibility requirements. You’ve seen that over 30 lenders in Massachusetts offer the program.
Now, to further help you figure out if ONE Mortgage is the right program for you, use our ONE Mortgage calculator to estimate what your monthly payments will be and how much you can afford to buy with ONE Mortgage.
If you are a first-time homebuyer, the ONE Mortgage Program is for you. ONE Mortgage offers you the comfort of knowing your mortgage is financially sustainable. Here are five reasons why you should choose ONE Mortgage:Learn More
If you are looking for ways to help first-time homebuyers realize the dream of homeownership, you should let your public officials, housing professionals, community advocates and lenders know about the benefits of offering the ONE Mortgage Program.Learn More