Workforce Advantage 4.0 Deferred (WFA 4.0)

Workforce Advantage 4.0 Deferred (WFA 4.0) es un segundo préstamo diferido para compradores de vivienda en Statewide, Massachusetts. MassHousing 0% deferred second mortgage DPA up to $30,000 statewide / $50,000 in Boston + 26 Gateway Cities. Workforce-tier income (up to 100% AMI non-Gateway / 135% AMI Boston-Gateway). Due-on-sale/refi/payoff. Pairs with MassHousing first. 640 FICO. Statewide. MassHousing's Workforce Advantage 4.0 (WFA 4.0) Deferred provides up to $30,000 statewide ($50,000 in the City of Boston and 26 designated Gateway Cities) in down payment and closing-cost assistance for first-time homebuyers using a MassHousing first mortgage. Structured as a 0% interest deferred second mortgage with NO MONTHLY PAYMENTS - the entire balance is due in full when the property is sold, refinanced, the first mortgage is paid off, the title is transferred, or the property ceases to be the borrower's primary residence. Targets MA workforce households (originally <=80% AMI, expanded under WFA 4.0 to 100% AMI non-Gateway / 135% AMI Boston+Gateway). Pairs with MassHousing 30-year fixed first mortgage (FHA, Conventional, HFA Advantage, VA, USDA). 640 minimum FICO. First-time homebuyer required. Statewide. Los fondos provienen de State y Bond.

Workforce Advantage 4.0 Deferred (WFA 4.0) es diferido, así que no hay pagos hasta que la vivienda se venda o se refinancie, o se termine de pagar la primera hipoteca. El reembolso se activa por 0% interest deferred second mortgage. NO monthly payments. Entire balance due in full upon sale of the property, refinance of the first mortgage, payoff of the first mortgage, transfer of title, or cessation of owner-occupancy. No forgiveness schedule. La ayuda se registra con un gravamen en posición 2nd Lien. Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

Workforce Advantage 4.0 Deferred (WFA 4.0) está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Primera vez” tiene excepciones aquí: FTHB waived in federally targeted tracts and for qualifying veterans (IRS Section 143(d)(2)(B)). Sobre el crédito, el programa indica: 640 minimum FICO across all eligible MassHousing first-mortgage products under WFA 4.0. Se requiere un curso de educación para compradores de vivienda, a través de MassHousing-approved homebuyer education providers (CHAPA-network counseling agencies, HUD-approved counselors). 8-hour pre-purchase course required. Requisito de residencia: Property in MA; primary residence. Statewide. Ciudadanía o situación migratoria: U.S. citizen, permanent resident, or qualifying non-permanent resident alien. First-time homebuyer required (waived in federally targeted tracts and for qualifying veterans). Owner-occupied primary residence (1-4 units; condo project-approved). 640 minimum FICO. 45% max DTI. Workforce-tier income limits: up to 100% AMI non-Gateway / up to 135% AMI Boston + 26 Gateway Cities (verify by county/household; published 2026 ceiling roughly $131,040 for 3+ person Boston/Gateway 135% AMI tier). NOTE: the seed-list lower bound of '$48' is a data-entry artifact - MassHousing does not publish a hard minimum income floor for WFA 4.0 (borrower must demonstrate repayment capacity per first-mortgage overlay). Must use a MassHousing-approved participating lender. Homebuyer education required.

Workforce Advantage 4.0 Deferred (WFA 4.0) limita el ingreso del hogar al 135% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. MassHousing WFA 4.0 2026 income limits: up to 100% AMI in non-Gateway communities; up to 135% AMI for borrowers in the City of Boston and the 26 designated Gateway Cities (Attleboro, Barnstable, Brockton, Chelsea, Chicopee, Everett, Fall River, Fitchburg, Framingham, Haverhill, Holyoke, Lawrence, Leominster, Lowell, Lynn, Malden, Methuen, New Bedford, Peabody, Pittsfield, Quincy, Randolph, Revere, Salem, Springfield, Taunton, Westfield, Worcester). Published ceiling approximately $131,040 (3+ person Boston/Gateway 135% AMI tier per WFA 4.0 income tables). Verify by county and household size. El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

Workforce Advantage 4.0 Deferred (WFA 4.0) limita el precio de compra así: MassHousing 2026 maximum purchase price approximately $838,717 (1-unit, most areas), higher in Boston/Cambridge and 2-4 unit. Verify on MassHousing limits page. Los tipos de propiedad elegibles incluyen Single-family detached, 2-4 unit owner-occupied, condo (project-approved), townhouse, PUD. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

Workforce Advantage 4.0 Deferred (WFA 4.0) menciona a veteranos, miembros del servicio militar activo, reservistas y miembros de la Guardia Nacional y cónyuges sobrevivientes entre los grupos a los que atiende. Aparecer aquí significa que el programa menciona al grupo, no que pertenecer a él baste por sí solo para que un solicitante califique; las demás reglas de elegibilidad siguen aplicándose.

Workforce Advantage 4.0 Deferred (WFA 4.0) atiende a compradores de vivienda que compran en Statewide, Massachusetts. El programa se dirige a áreas específicas: Federally targeted census tracts (FTHB waiver per IRS Section 143) plus the City of Boston and 26 designated Gateway Cities (higher 135% AMI income limits AND higher $50,000 DPA cap, vs. $30,000 elsewhere).

Las solicitudes de Workforce Advantage 4.0 Deferred (WFA 4.0) se tramitan a través de la agencia que administra el programa, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Reserved through MassHousing eMasshousing lender portal at rate lock by approved participating lender. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.