How to Qualify
To qualify for our programs, you need to plan to buy a one- to three-family residential property or condominium in Boston. The home must be your primary residence.
- be a first-time homebuyer (you haven't owned a property in the past three years)
- graduate from our Homebuying 101 class
- get a first mortgage pre-approval from one of our participating mortgage lenders (mortgage loan must adhere to the Fannie Mae general loan limits), and
- meet program income and asset limits.
Financial Assistance Programs
This program provides eligible home buyers with a grant towards a down payment.
ONE+Boston offers low fixed interest rates for 30-year mortgages, down payment and closing-cost assistance to first-time buyers.
The program offers down payment, closing cost, and heating system repairs for older residents in the Allston and Brighton neighborhoods.
STASH is a matched-savings program for first-generation homebuyers below the area median income.
The Application Process
Homebuying Classes and Workshops
Boston Home Center Classes are separate from our workshops. Anyone is welcome to take these classes. The Homebuyer 101 class is required to apply for financing programs.
Workshops are hosted by Boston Home Center either online or in person. They cover various topics related to our programs and are recommended to those applying for any of our financing programs.