Massachusetts $2,500 Closing Credit for Veterans and Service Members
MassHousing offers $2,500 Closing Credit for Veterans and Service Members to home buyers in Massachusetts: up to $2,500, as a grant.
- Amount
- As much as $2,500
- Type of help
- Grant
- Limited to first-time buyers
- No
What is the repayment process for the $2,500 Closing Credit for Veterans and for Service Members in Massachusetts?
Grant.
As long as you follow the program's rules, you never repay grant money.
Who meets the requirements for the $2,500 Closing Credit for Veterans and Service Members in Massachusetts?
- Gold Star Families, veterans, active-duty military, Reserves and Members of the National Guard are the only eligible groups.
- Being a first-time buyer isn't required.
Your county and household size set most of the limits. Use our HUD income limits tool to see the median income for your area and how your household compares.
Applying for the Massachusetts $2,500 Closing Credit for Veterans and Service Members
- Because MassHousing uses approved lenders to pay this help, your home loan and application go to one of them.
- The lender reviews your income, credit and the home under the program's rules, then sets the money aside for you.
- At closing, the help goes toward your closing costs and down payment.
To see every rule and whether applications are open, visit MassHousing's page for $2,500 Closing Credit for Veterans and Service Members, or use the agency's list of participating lenders to pick one.
Talk to a lender about the Massachusetts $2,500 Closing Credit for Veterans and Service Members
Tell us where you're buying and a lender that works with Massachusetts's programs can tell you whether Massachusetts $2,500 Closing Credit for Veterans and Service Members fits you, and what you could combine with it.
Don't want to talk on the phone? Share your details and the lender will get in touch.
More first-time buyer programs in Massachusetts
- Massachusetts Down Payment Assistance (DPA Option 1):
A deferred loan of up to $30,000.
- Massachusetts Down Payment Assistance (DPA Option 2):
A repayable loan of up to $25,000.
- Massachusetts Down Payment Assistance (Option 3 DPA):
Repayable loan of up to $25,000.
Every Massachusetts first-time home buyer program · Down payment help in every state
