FHA home loans are popular among Massachusetts first-time homebuyers due to low down payment and credit requirements.
FHA Loans
A conventional(fixed-rate mortgage) is a popular type of home financing in Massachusetts because it offers predictability for your budget.
Conventional Loans
A jumbo home loan is a mortgage used to finance Massachusetts properties that are too expensive for a conventional conforming loan.
Jumbo LoansMassachusetts
Mortgage RatesAll mortgage rates displayed are provided by Zillow based on borrowers with credit scores between 680-740 and represent averages and trends. Please consult with OnTo Mortgage to receive a personalized rate for your specific situation.
Conventional mortgages are ideal for buyers with good credit and money to put down. They typically require a higher down payment, usually 5%–20% and also have higher income and credit score requirements than government loans. Typical fixed-rate loans have a term of 30 or 15 years.
FHA loans are designed to benefit first-time homebuyers and buyers with less than perfect credit and not a lot of money to put down. FHA loan limits vary by county. View the FHA loan limits in your area.
If you are a veteran or a current member of the U.S. military, you can apply for a VA Loan, which currently offers up to 100% home financing. Thank you for your service!
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October 16, 2026
If you own a home and need cash for a remodel, a tuition bill, or high-interest debt, you have three main ways to borrow against your equity: a home equity line of credit (HELOC), a fixed-rate home equity loan, or a cash-out refinance. This fall, the choice between them matters more than usual, because the…
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October 9, 2026
If you are buying a home or refinancing this fall, one line on your Loan Estimate may look a little different than friends who closed last year. Your appraisal fee may run about $65 higher in many markets, and the schedule can stretch a bit while the industry switches to a new report format. That…
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October 2, 2026
For years, shopping for a home loan meant asking one question about credit: what is my score? That still matters. But after a September change at Fannie Mae and Freddie Mac, many conventional borrowers now face a second question that can change what the loan costs. On September 9, 2026, Fannie Mae and Freddie Mac…
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