See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated April 4, 2026
Homebuyer Programs in Weymouth, MA (2026)
Weymouth is a coastal town on the South Shore of Massachusetts, located about 12 miles southeast of Boston in Norfolk County, with a population of roughly 57,800. The median home price in Weymouth is approximately $598,000. Homebuyers here can access the South Shore HOME Consortium First Time Homebuyer Program, which provides up to $20,000 in deferred-payment, zero-interest down payment and closing cost assistance for purchases in Weymouth, Quincy, Braintree, Holbrook, and Milton. First-generation buyers may also qualify for the MAHA STASH First-Gen Home Program, offering up to $20,000 in grant funding. At the state level, the MassDREAMS program provides grants of up to $50,000, the MassHousing Down Payment Assistance program offers up to $30,000 in deferred loans, and the ONE Mortgage Program features a 30-year fixed-rate mortgage with just 3% down and no PMI. By stacking local and state programs, eligible Weymouth buyers could potentially access over $70,000 in combined assistance.
City Programs in Weymouth
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| South Shore HOME Consortium First Time Homebuyer Program | Deferred Loan | Up to $20,000 | Yes | View → |
- 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 |
|---|---|---|---|---|
| MAHA STASH First-Gen Home Program | Grant | Up to $10,000 grant in Boston; up to $20,000 in other Massachusetts cities | Yes | View → |
| 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:
- Grant
- Amount:
- Up to $10,000 grant in Boston; up to $20,000 in other Massachusetts cities
- First-time only:
- Yes
- 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. The South Shore HOME Consortium program requires household income at or below 80% of the Area Median Income and assets no greater than $75,000. You must be a first-time homebuyer, meaning you have not owned a home in the past three years.
Step 2: Complete homebuyer education. You must finish a HUD-approved first-time homebuyer workshop before applying. NeighborWorks Housing Solutions, the HUD-approved counseling agency serving the South Shore, offers courses and can be reached at 781-422-4204.
Step 3: Contact NeighborWorks Housing Solutions. As the primary housing counseling agency for the Weymouth area, they can help you identify which programs you qualify for and guide you through the application process. Visit nhsmass.org or call 781-422-4204.
Step 4: Get pre-approved for a mortgage. Work with a MassHousing-approved lender or a ONE Mortgage participating lender to get pre-approved. Your lender can also help you apply for MassHousing Down Payment Assistance or the ONE Mortgage Program simultaneously.
Step 5: Find a home in Weymouth. The property must be a single-family home, condominium, or townhouse located within one of the South Shore HOME Consortium communities. The home must pass a Housing Quality Standards inspection and be free of lead-based paint hazards.
Step 6: Submit your application to the South Shore HOME Consortium through the City of Quincy Department of Planning and Community Development, which administers the program. First-generation buyers should also apply to the MAHA STASH program through mahahome.org for an additional $20,000 grant.
Step 7: Close on your home. Once approved, the consortium assistance is provided as a deferred-payment, zero-interest loan due only upon sale, refinance, or if you stop occupying the home as your primary residence.
Frequently Asked Questions
How much down payment assistance can I get in Weymouth?+−
Do I have to be a first-time homebuyer to qualify?+−
What is the maximum home price I can pay in Weymouth?+−
What homebuyer education is required?+−
What is the South Shore HOME Consortium and how does it help Weymouth buyers?+−
Can I use South Shore Habitat for Humanity to buy a home in Weymouth?+−
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