DPA 2% 15 Year Amortized

DPA 2% 15 Year Amortized是面向Statewide，Massachusetts购房者的补助金。 MassHousing 15-year fully amortizing 2% second mortgage DPA up to $25,000. Lower-income tier (up to 100% AMI non-Gateway; up to 135% AMI Boston/Gateway). Pairs with MassHousing first mortgage. 640 FICO. Statewide. MassHousing's DPA 2% 15-Year Amortized Second Mortgage provides up to $25,000 in down payment and closing-cost assistance for first-time homebuyers using a MassHousing first mortgage. Structured as a 15-year fully amortizing second mortgage at a fixed 2.000% interest rate (2.000% APR), with monthly principal and interest payments alongside the first mortgage. On a $25,000 DPA, the monthly P&I payment is $160.88 for 180 months. This is the LOWER-INCOME tier - household income up to 100% AMI in non-Gateway communities, up to 135% AMI in the City of Boston and 26 designated Gateway Cities. Pairs with MassHousing 30-year fixed-rate first mortgages (FHA, Conventional 97/95, HFA Advantage, VA, USDA via MassHousing correspondents). 640 minimum FICO. First-time homebuyer required. Statewide eligibility - all 351 cities and towns in Massachusetts. 资金来自State和Bond。

DPA 2% 15 Year Amortized属于补助金，因此无需偿还。 触发还款的情形：15-year fully amortizing second mortgage at 2.000% APR. Monthly principal and interest payments due alongside first mortgage. $25,000 DPA = $160.88/month for 180 months. Balance also accelerates on sale, refinance of first, transfer of title, payoff, or non-owner-occupancy. 该援助以2nd Lien顺位留置权登记。 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

DPA 2% 15 Year Amortized面向首次购房者和将房屋作为主要住所自住的购房者。 此处的“首次”有例外情况：First-time homebuyer requirement waived in federally designated targeted census tracts and for qualifying veterans (federal MRB qualified-veteran exception under IRS Section 143(d)(2)(B)). 关于信用，该项目说明：640 minimum FICO across all eligible MassHousing first-mortgage products. 须参加购房者教育课程，由MassHousing-approved homebuyer education providers (CHAPA-network counseling agencies, HUD-approved counselors). 8-hour pre-purchase course required prior to closing.提供。 居住要求：Property must be located in Massachusetts (any of 351 cities/towns) and serve as borrower's primary residence. No prior MA residency requirement. 公民身份或移民身份：U.S. citizen, permanent resident, or qualifying non-permanent resident alien per first-mortgage product overlays. First-time homebuyer required (no ownership of a primary residence in the past 3 years); waived in federally targeted census tracts and for qualifying veterans. Owner-occupied primary residence (1-4 units; condo project-approved). 640 minimum FICO. 45% maximum DTI (some overlays may permit 50% with compensating factors). Household income at or below 100% AMI for non-Gateway communities or 135% AMI for Boston/Gateway Cities (verify by household size and county). Must use a MassHousing-approved participating lender. Homebuyer education required (8-hour CHAPA-network pre-purchase course). DPA is paired with a MassHousing first mortgage - cannot be used standalone.

DPA 2% 15 Year Amortized将家庭收入限制在地区收入中位数的100%，该数值因县和家庭人数而异。 MassHousing 2026 income limits: up to 100% AMI in non-Gateway communities (varies by county/household; e.g., $76,960 1-person Boston-Cambridge balance-of-state to $130,800 4+ person Boston/Gateway 100% tier). Borrowers in Boston + 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) qualify up to 135% AMI. Verify by county and household size on MassHousing income-limits page. 该限制适用于家庭总收入，而不仅是借款人的收入。 地区收入中位数由HUD公布并每年更新，因此在依据某个数字之前，请查看该县的最新表格。

DPA 2% 15 Year Amortized的房价上限如下：MassHousing 2026 maximum purchase price approximately $838,717 in most areas (1-unit), with higher limits in Boston/Cambridge and 2-4 unit properties. Verify on MassHousing limits page; limits adjust annually with FHFA conforming caps. 符合条件的房屋类型包括Single-family detached, 2-4 unit owner-occupied, condominium (project-approved), townhouse, PUD. Per MassHousing first-mortgage overlays. 新建房屋符合条件。 预制房屋不符合条件。

DPA 2% 15 Year Amortized在其服务群体中提到了退伍军人、现役军人、预备役人员和国民警卫队成员和遗属配偶。 在此列出仅表示项目提到了该群体，并不表示仅凭群体身份即可使申请人符合条件——其余资格规则仍然适用。

DPA 2% 15 Year Amortized服务于在Statewide，Massachusetts购房的购房者。 该项目针对特定区域：Federally designated targeted census tracts (per IRS Section 143) plus Boston and 26 designated Gateway Cities qualify for higher 135% AMI income limits and (for the deferred WFA 4.0 product) higher $50,000 DPA cap. Verify by jurisdiction.

DPA 2% 15 Year Amortized的申请通过管理该项目的机构办理，该机构在其网站上公布现行条款和申请步骤。 资金通过Reserved through MassHousing eMasshousing lender portal at time of rate lock by MassHousing-approved participating lender. Daily rate sheet posted on lender library.预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。