MAKE YOUR
MASSDREAMS
A REALITY

Get up to $50,000 with a forgivable grant.


MASSDREAMS GRANTS CAN BE USED FOR:

  • Downpayment
  • Closing costs/pre-paids
  • Rate buydown
  • Pre-payment of Mortgage Insurance
  • Single family, condo, and 2-4 unit properties

MASSDREAMS GRANT REQUIREMENTS:

  • Current residents of the following communities are eligible: Attleboro, Barnstable, Boston,
    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. and Worcester
  • Requires documentation of current residency
  • No restrictions on where you purchase in the state of Massachusetts
  • Income restrictions
  • Up to $50,000 if AMI (Area Median Income) is under 100
  • Up to $35,000 if AMI (Area Median Income) is between 100.01% to 135%
  • Home buyer counseling required
  • Grant does not require repayment
  • Only available through eligible lenders
  • Open to first-time Homebuyers only
  • Single family, condo, and 2-4 unit properties

LOAN OFFICER SEARCH

Find a Salem Five Loan Officer by searching by Zip Code or City Name and clicking the find button. If you know your Loan Officer, simply search by name and click on the name.

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