First-Time Homebuyers in Massachusetts: What You Need to Know

by Manoja

🏡Thinking about buying your first home in Massachusetts? At Onest Real Estate, we know the local market—and how overwhelming the process can feel. Here’s a quick guide to help you start smart.

✅ What Qualifies You as a First-Time Buyer?

If you haven’t owned a home in the last three years, you likely qualify for special financing and assistance programs in Massachusetts.

💰 Financing Help You Should Know About

MassHousing Loans offer low down payments, fixed rates, and even job-loss protection.
Down Payment Assistance is available—up to $30,000 in some areas.
ONE Mortgage helps low- to moderate-income buyers with no PMI and lower monthly payments.

Not sure which program fits you? Onest agents can connect you with trusted local lenders who specialize in these programs.

🏘️ What Can You Buy?

First-time buyer programs in MA cover:

Single-family homes
Condos (in approved developments)
2–4 unit multi-family homes (great for rental income)

📚 Pro Tip: Take the Homebuyer Education Course

Most programs require a certified class—available online or in-person. It’s a great way to prepare and build confidence.

Ready to Make a Move?

At Onest Real Estate, we’re here to walk you through every step—from pre-approval to closing day. First-time buying doesn’t have to be stressful when you have the right team behind you.

📞 Contact Onest today to get started on your homeownership journey.