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Homebuyer Programs in Taunton, MA (2026)

Last updated April 4, 2026 | Population: 59,719 | Median home price: $490,000 | Est. closing costs: $10,000 - $14,500

Skyline of Taunton, MA

Taunton is a Gateway City in southeastern Massachusetts with a population of nearly 60,000, offering a more affordable entry into homeownership compared to the Greater Boston area. With a median home price around $490,000, Taunton is one of the more accessible markets in the state. As a designated MassDREAMS community, Taunton buyers can access grants of up to $50,000 through the MassDREAMS program. MassHousing also offers deferred loans of up to $30,000, and the ONE Mortgage Program provides a 30-year fixed-rate mortgage with just 3% down and no PMI. BayCoast Mortgage offers an additional matching grant of up to $10,000 for eligible first-time buyers purchasing in Taunton. Old Colony Habitat for Humanity also serves Taunton with affordable homeownership opportunities. By combining state and local resources, eligible buyers in Taunton can significantly reduce the upfront costs of purchasing a home.

Top Homebuyer Programs in Taunton

FHA Loans
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
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
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
HomeReady Mortgage (Fannie Mae)
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
HUD $100 Down Program
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
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
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
BayCoast Mortgage Down Payment Assistance Program
Type:
Forgivable Loan
Amount:
Up to $10,000 in matching funds
First-time only:
Yes
MAHA STASH First-Gen Home Program
Type:
Grant
Amount:
Up to $10,000 grant in Boston; up to $20,000 in other Massachusetts cities
First-time only:
Yes
Old Colony Habitat for Humanity Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home purchase with affordable mortgage terms
First-time only:
No
MassDREAMS Down Payment Assistance Grant
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
MassHousing Down Payment Assistance
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
ONE Mortgage Program
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

How to Apply

  1. Step 1:

    Check your eligibility. Most programs require household income at or below 80% AMI. Taunton is a MassDREAMS-eligible community, which provides enhanced assistance for qualifying buyers.

  2. Step 2:

    Complete homebuyer education. NeighborWorks Housing Solutions at 781-422-4200 offers homebuyer education courses serving Bristol County residents.

  3. Step 3:

    Contact the City of Taunton Office of Economic and Community Development to learn about current HOME-funded first-time homebuyer assistance through the Greater Attleboro/Taunton HOME Consortium.

  4. Step 4:

    Get pre-approved for a mortgage. Consider working with a MassHousing-approved lender, a ONE Mortgage participating lender, or BayCoast Mortgage at 877-466-2678 for their matching DPA program.

  5. Step 5:

    Find a home in Taunton within your budget and program limits.

  6. Step 6:

    Submit your applications for state and local programs. MassDREAMS, MassHousing DPA, and the BayCoast Mortgage DPA can potentially be combined. Work with your lender to coordinate timing and requirements.

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