Explore three pathways to homeownership: Receive up to $50,000 in down payment assistance, enjoy discounted mortgage rates with ONE+Boston, or access exclusive support for Allston-Brighton buyers.
Verify Your Boston Down Payment Assistance Eligibility
Receive up to $50,000 in financial aid for your down payment and closing costs when buying a home in Boston.
Looking to settle in Allston or Brighton? This program offers up to $50,000 in down payment and closing cost assistance, plus special grants for heating system repairs for senior homeowners.
ONE+Boston offers discounted mortgage rates and enhanced down payment assistance, with lower interest rates and no private mortgage insurance required, helping qualified buyers afford more home.
Take advantage of these exclusive benefits designed to make your path to homeownership easier and more affordable.
Discounted mortgage rates.
No mortgage insurance.
Closing cost assistance.
Higher purchase limits.
Heating system repair grants.
First-time homebuyer support.
Start your journey by submitting your application online to see if you qualify for our homebuyer assistance programs.
Take the required Homebuying 101 course and secure your mortgage pre-approval with a participating lender.
Access up to $50,000 in down payment and closing cost assistance to purchase your first home in Boston.
First-time homebuyer (haven't owned a property in the past 3 years).
Income below 135% of Area Median Income (AMI).
Assets less than $75,000.
Planning to buy a one- to three-family home or condo in Boston, Massachusetts.
Completed a Homebuying 101 course.
Mortgage pre-approval from a participating lender.
Minimum credit score of 640.
These loan terms are designed to provide flexible and affordable options for first-time homebuyers in Boston, Massachusetts.
Loan Type: 30-year fixed-rate mortgage.
Interest Rates: Discounted rates through ONE+Boston program.
Down Payment Assistance: Up to 5% of purchase price (maximum $50,000).
Private Mortgage Insurance (PMI): Not required for ONE+Boston.
Loan Limits: Must adhere to Fannie Mae general loan limits.
Closing Costs: Assistance available for eligible buyers.
Repayment: Standard monthly mortgage payments.
Participating Lenders: Must use an approved lender from the program's list.
With decades of experience helping homebuyers in Boston, we have the knowledge and expertise to guide you through every step of the process.
Our team is dedicated to making sure you understand your options and qualify for the best programs available. We are committed to your success and will work tirelessly to ensure you find the right home with the right financial support.
Trust us to provide personalized assistance, answer your questions, and help make your homeownership dreams a reality.
