MassHousing Mortgages
Worcester Credit Union offers MassHousing loans through our partnership with Member Advantage Mortgage to make financing a home more accessible.
We've added another way to make homeownership more accessible.
Through our partnership with Member Advantage Mortgage, we can now offer MassHousing loan products to members like you. MassHousing is a program that helps people achieve their homeownership goals across the state.
Affordable rates, straightforward terms
MassHousing offers fixed-rate loans with no hidden fees, adjustable rates, or surprise costs. These easy to understand terms are one reason first-time homebuyers are encouraged to look into MassHousing loans.
Down payment assistance
Saving for a down payment is often the biggest hurdle for those looking to finance a home. MassHousing offers down payment assistance of up to $30,000, which for many means less time saving and reaching homeownership goals faster. Down payment assistance amounts and eligibility are based on several factors, including where you live.
Unique mortgage insurance with payment protection
MassHousing offers a one-of-a-kind mortgage insurance called MIPLUS. This offers mortgage payment protection if you are unable to make payments due to a loss of employment.
New for the 2026 buying season only: 0% Down Payment Assistance, Payments Deferred via MassHousing!
For a limited time, MassHousing is expanding access and benefits for MA residents to help you accomplish your homeownership goals. From 4/27/2026 through 7/31/2026, eligible borrowers will have the opportunity to receive down payment assistance of up to $25,000 statewide at a 0% deferred interest rate, with expanded eligibility.
- No paying back your down payment assistance until you sell, refinance, or pay off your mortgage
- No added payment, reducing upfront costs
- Your monthly debt is lower, increasing your purchase power
How to determine if you're eligible
The best way to find out if you’re eligible is to speak with a mortgage loan officer, but you can get a head start on the conversation by answering the following questions:
1. Do you earn less than $205,335 per year?
2. Are you in the market to buy a single-family home, condo, or 2-4 family property in Massachusetts?
3. Will the home be your primary residence?
Next Steps
If you believe you’re a qualified candidate or would like to learn more about our mortgage products, reach out to our Mortgage Loan Officer Yara Minaya, NMLS #1104062, and have a quick conversation to determine if you should pursue these products in your journey to homeownership.