10/01/2026
🏡 BUYING A HOME IN MASSACHUSETTS? START HERE!
Buying your first home can feel overwhelming — but you don’t have to figure it out alone. There are Massachusetts programs and resources that may help eligible buyers with financing, down payment, closing costs, education, and more.
🔑 STEP-BY-STEP MASSACHUSETTS HOME BUYER GUIDE
1️⃣ Understand Your Budget 💰
Review your income, monthly expenses, debts, credit, savings, and the monthly payment you can comfortably afford.
2️⃣ Take a Homebuyer Education Class 📚
Learn about credit, budgeting, mortgages, making an offer, inspections, closing costs, and homeownership. MassHousing-approved education programs are available online and in person. (MassHousing)
3️⃣ Explore Massachusetts Homebuyer Programs 🏠
Eligible buyers may be able to access programs through MassHousing, including affordable mortgage options and down payment assistance of up to $30,000, depending on the program and eligibility requirements. (MassHousing)
4️⃣ Get Mortgage Pre-Approved 🏦
Compare lenders and ask specifically about:
• MassHousing programs
• Down payment assistance
• FHA / conventional financing
• Closing-cost assistance
• Local city or town programs
• First-time homebuyer options
5️⃣ Choose Your Real Estate Agent 🤝
Work with a REALTOR® who can help you understand the market, identify properties that fit your criteria, schedule showings, prepare an offer, and navigate the transaction.
6️⃣ Find the Right Home 🔎
Consider:
📍 Location & commute
🏠 Property type
💰 Purchase price
🛠️ Condition & potential repairs
🏫 Schools & neighborhood
🏦 Property taxes & insurance
📊 Future resale/investment considerations
7️⃣ Make an Offer ✍️
Your agent can help you understand comparable properties, offer terms, contingencies, deposits, inspection provisions, and other important terms.
8️⃣ Complete Due Diligence & Inspection 🔍
Review the property’s condition, inspection results, title information, condo documents when applicable, and other relevant documents.
9️⃣ Finalize Your Mortgage & Closing 📑
Work with your lender, attorney, and other professionals to complete underwriting, appraisal, insurance, title work, and final closing requirements.
🔟 CLOSE & GET THE KEYS! 🔑🎉
After the transaction is completed, you become a homeowner!
💰 PROGRAMS & RESOURCES TO ASK ABOUT
🏡 MassHousing Mortgage & Down Payment Assistance
MassHousing currently advertises down payment assistance of up to $30,000 for eligible buyers when paired with a MassHousing Mortgage. Additional requirements apply. (MassHousing)
🏘️ Local First-Time Homebuyer Programs
Some Massachusetts cities and towns offer their own assistance programs. Availability and eligibility vary by community. (MassHousing)
📚 Homebuyer Education
Education can help you understand the complete homebuying process and is required for certain MassHousing programs. (MassHousing)
⭐ IMPORTANT
Not every program is right for every buyer. Income, credit, property type, location, occupancy, loan type, and other requirements can affect eligibility. A qualified lender should confirm your eligibility and available assistance before you rely on a program.
Thinking about buying a home in Massachusetts? 🏡
I can help you understand the homebuying process, search for properties, prepare for showings, and connect you with the right professionals for financing and other parts of the transaction.
📞 Realtor Skand Yadav
🏢 eXp Realty
📱 781-870-6392
📧 [email protected]
🌐 skandyadav.exprealty.com
👉 Send me a message if you’re planning to buy your first home in Massachusetts and want to know where to start.