See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated April 4, 2026
Homebuyer Programs in Randolph, MA (2026)
Randolph is a diverse, family-oriented town in Norfolk County, Massachusetts, designated as a Gateway City with access to enhanced state homebuyer programs. With a median home price around $560,000, Randolph offers relative affordability compared to neighboring Boston-area communities, and buyers here benefit from an unusually strong set of assistance programs. The ONE+ Randolph Mortgage Program provides up to $50,000 in down payment and closing cost assistance with a discounted fixed rate and no PMI for current Randolph residents. The South Shore HOME Consortium offers up to $20,000 in 0% interest deferred payment loans for first-time buyers. At the state level, MassHousing provides up to $30,000 in DPA and the ONE Mortgage Program offers 3% down with no PMI. South Shore Habitat for Humanity also builds affordable homes in Randolph. By stacking local and state programs, eligible Randolph buyers could access over $80,000 in combined assistance.
City Programs in Randolph
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| ONE+ Randolph Mortgage Program | Deferred Loan | Up to $50,000 in down payment and closing cost assistance | Yes | View → |
| South Shore HOME Consortium First Time Homebuyer Program | Deferred Loan | Up to $20,000 | Yes | View → |
- Type:
- Deferred Loan
- Amount:
- Up to $50,000 in down payment and closing cost assistance
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Up to $20,000
- First-time only:
- Yes
State Programs in Massachusetts
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| MassDREAMS Down Payment Assistance Grant | Grant | Up to $50,000 for buyers earning up to 100% AMI; up to $35,000 for buyers earning 100-135% AMI | Yes | View → |
| MassHousing Down Payment Assistance | Deferred Loan | Up to $30,000 (below 60% AMI at 0% deferred); up to $25,000 (60-80% AMI at 2%); up to $25,000 (80-135% AMI at 3%) | Yes | View → |
| ONE Mortgage Program | Zero-Interest Loan | 30-year fixed-rate mortgage with 3% down payment and no PMI; qualified borrowers below 80% AMI receive an additional subsidy to lower monthly payments | Yes | View → |
- Type:
- Grant
- Amount:
- Up to $50,000 for buyers earning up to 100% AMI; up to $35,000 for buyers earning 100-135% AMI
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Up to $30,000 (below 60% AMI at 0% deferred); up to $25,000 (60-80% AMI at 2%); up to $25,000 (80-135% AMI at 3%)
- First-time only:
- Yes
- Type:
- Zero-Interest Loan
- Amount:
- 30-year fixed-rate mortgage with 3% down payment and no PMI; qualified borrowers below 80% AMI receive an additional subsidy to lower monthly payments
- First-time only:
- Yes
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- Type:
- Government-Insured Mortgage
- Amount:
- Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
- First-time only:
- No
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- FHA-Financed HUD REO Purchase
- Amount:
- Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
- First-time only:
- No
Nonprofit Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| South Shore Habitat for Humanity Homeownership Program | Zero-Interest Loan | Affordable 30-year mortgage with payments not exceeding 30% of monthly income | No | View → |
- Type:
- Zero-Interest Loan
- Amount:
- Affordable 30-year mortgage with payments not exceeding 30% of monthly income
- First-time only:
- No
How to Apply
Step 1: Check your eligibility. As a Gateway City, Randolph residents have access to enhanced programs. The ONE+ Randolph Mortgage requires current Randolph residency, first-time buyer status, household assets under $100,000, and a credit score of at least 640. The South Shore HOME Consortium requires income eligibility and first-time buyer status.
Step 2: Complete homebuyer education. The Intergenerational Community Center in Randolph at 128 Pleasant Street offers CHAPA/HUD certified homebuyer education for $20 per person (8 hours in-person plus 4 hours online prerequisite). Completing a certified class is required for most programs.
Step 3: Apply for the ONE+ Randolph Mortgage. Contact the Massachusetts Housing Partnership at 1-800-752-7131 or visit mhp.net to learn about the ONE+ program, which offers up to $50,000 in DPA and closing cost assistance with a discounted rate and no PMI. You must be a current Randolph resident.
Step 4: Apply for the South Shore HOME Consortium program. The Consortium offers up to $20,000 in 0% interest deferred payment loans for first-time buyers purchasing in Randolph, Quincy, Weymouth, or Braintree. Visit officeofhealthyhomes.org/fthb for details and application information.
Step 5: Explore additional programs. MassHousing offers up to $30,000 in DPA through approved lenders. South Shore Habitat for Humanity builds affordable homes in Randolph for families earning low to moderate incomes, with 250 hours of sweat equity required per adult. Visit sshabitat.org for information.
Step 6: Get pre-approved and find a home. Work with a MassHousing-approved or ONE+ participating lender. Once you have a signed Purchase and Sales Agreement, finalize all assistance applications. Allow 30 to 60 days for processing.
Frequently Asked Questions
How much down payment assistance can I get in Randolph?+−
What makes Randolph special for homebuyers?+−
Do I have to be a first-time homebuyer?+−
What homebuyer education is required?+−
Can I use Habitat for Humanity in Randolph?+−
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