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Get Matched Free →ONE+Lowell Pilot Program
Funding status: Active
How much assistance
Total program award up to $25,000, including interest rate discount ($10,000-$12,500 value) plus down payment and closing cost assistance (up to $12,500)
Not applicable — provides interest rate discounts and DPA as part of the ONE Mortgage first mortgage.
Eligibility
- Income limits: At or below 100% of Area Median Income; must have less than $100,000 in total household assets
- First-time buyer required: Yes — Must not have owned a home in the past 3 years.
- Credit score minimum: 640
- Geographic restrictions: Must be purchasing a home within the City of Lowell.
- Homebuyer education required: Yes
How to Apply for ONE+Lowell Pilot Program
Complete homebuyer education through MVHP. Apply through a participating ONE Mortgage lender. Must qualify for both ONE Mortgage and ONE+Lowell eligibility. Complete the pre-eligibility screening at MVHP. Contact MVHP at 978-459-8490.
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