MAMassachusetts

Massachusetts Mortgage Guide

Dukes and Nantucket counties hit the ceiling; Hanscom AFB supports VA demand.

2024 Conforming Limit

$862,500

High-cost state

Avg 30yr Fixed Rate

7.10%

VA Friendly

No

First-Time Buyer Program

MassHousing First-Time Homebuyer

Massachusetts offers down payment assistance (DPA) for qualifying buyers. Contact a participating lender or your state housing finance authority for current income limits and program availability.

Understanding Your Conforming Limit

The 2024 FHFA conforming loan limit for Massachusetts is $862,500. Loans at or below this amount qualify as conforming loans, which typically carry lower interest rates and require less documentation than jumbo loans.

Massachusetts is a high-cost area. Higher limits mean more buyers can access conventional conforming financing instead of jumbo loans, which often require larger down payments and stricter credit standards.

Find a Massachusetts Lender

Compare rates from lenders licensed in Massachusetts — no commitment required.