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What are the local programs for first-time homebuyers in Brockton?

a year ago
21

There are several local programs available for first-time homebuyers in Brockton. These programs aim to assist individuals who are purchasing a home for the first time by providing financial support, education, and resources. Here are some notable programs:

1. Brockton First-Time Homebuyer Assistance Program

The Brockton First-Time Homebuyer Assistance Program offers down payment and closing cost assistance to eligible buyers. The program provides a forgivable loan that does not have to be repaid if the buyer remains in the home for a certain period of time. More information can be found on the Brockton Redevelopment Authority website.

2. Massachusetts Housing Partnership (MHP) ONE Mortgage Program

The MHP ONE Mortgage Program is available statewide, including in Brockton. It offers affordable fixed-rate mortgages with down payment assistance options for first-time homebuyers. This program is administered by the Massachusetts Housing Partnership and more details can be found on their official website.

3. MassHousing First-Time Home Buyer Programs

MassHousing provides a range of programs and resources for first-time homebuyers in Massachusetts, including Brockton. Their programs include down payment assistance, affordable mortgage options, and homebuyer education. Visit the MassHousing website for more information.

It's important to note that program availability, eligibility criteria, and terms may change over time. It's recommended to visit the respective program websites or contact the program administrators directly for the most up-to-date information.

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