Search:     Search

Purchase and Renovate

Are you interested in buying a home in need of repair? Would you like to make updates or improvements before moving in? You can do it with one affordable loan from MassHousing!

Purchase and Renovation Loan Benefits

  • Financing for both the purchase of a home and renovation costs
  • A single, monthly mortgage payment that is easier to manage over the life of the loan

Plus All the Great Features of a MassHousing Mortgage

  • Affordable, fixed interest rates, fixed for the life of the loan
  • Flexible underwriting and income limits
  • MI Plus mortgage payment protection on loans insured by MassHousing
  • Loan servicing by MassHousing. If you have a question, you'll know who to call!

Down Payment Assistance

Purchase & Renovation borrowers can qualify for a down payment assistance loan for up to 5% of the purchase price or $15,000, whichever is less. Learn more about Down Payment Assistance from MassHousing!

Next Steps

To learn more about a MassHousing Purchase and Renovation Loan, contact a participating lender. Or, complete the form below!

We can help you move toward a MassHousing loan

Thinking about applying for a home mortgage loan? Let us help. When you provide your information below, we’ll help you identify our lending partners that will be able to assist you with obtaining a MassHousing loan. We can also answer questions and send you our homebuying tips.

* Indicates mandatory field.

Quick Links

Interest Rates

For interest rates and loan terms, please contact a participating lender.

Mortgage Insurance

For loans that require it, MassHousing offers several mortgage insurance options.

Homebuying Tips

Subscribe to have helpful homebuying tips, news and information delivered directly to your inbox!

Helpful Resources

Still Have Questions?

Do you have questions about the homebuying process or about our products and programs for homebuyers? Ask Mircia, MassHousing's resident mortgage and homebuying expert!

TEL: 888.843.6432 | Email
Monday-Friday, 9 a.m. to 5 p.m.