Mortgage Assistance Programs

Through the Federal Home Loan Bank of Boston’s Housing Our Workforce program, homebuyers in New England may apply for a grant of up to $25,000^* per household, which can be used for a down payment, closing costs or an interest rate buydown. You may also apply for an Equity Builder grant, which can be used for a down payment, closing costs, interest rate buydown, home rehab costs or homebuyer counseling costs.

Our VA Home Loans are designed for active and retired military members, providing benefits such as low or no down payments, lower interest rates, and no monthly mortgage insurance. This government-backed mortgage is ideal for those who have served our country.

For eligible rural and suburban homebuyers, we offer USDA Rural Development loans with 0% down payment options. Areas with populations of 35,000 or less can qualify, making it a great option for low to moderate-income buyers outside city limits.

Considering an ADU? Our program offers low down payments, credits towards closing costs, and below-market interest rates. ADUs are a popular choice for affordable housing in major markets.

Looking to purchase and renovate a property? Our renovation loans cover both the purchase and renovation costs in one fixed-rate mortgage. Whether you are buying a fixer-upper or refinancing your existing home, we can help.

Buying your first home can be daunting. Our resources and guides will help you navigate the process with confidence. Learn how to get prequalified, understand the different types of loans available, and find out what steps to take next.