Government Mortgage Programs

Government Mortgage Loan Programs

Depending on your income level, you may qualify for a government-insured mortgage loan through Rockland Trust. 

These loans typically have lower down payments and other features that make them appealing for first-time homebuyers and people who need an affordable mortgage option.


FHA loans

The U.S. government has backed Federal Housing Administration (FHA) loans since 1934. In comparison with other loan options, FHA loans generally have: 

  • Smaller down payments 
  • Competitive interest rates
  • More flexible credit and income guidelines


MassHousing loans

MassHousing — a not-for-profit public agency — offers several mortgage programs for residents with modest incomes. Rockland Trust participates in MassHousing's Buy Cities program, which makes affordable, low and no-down-payment loans available to homebuyers in 11 Massachusetts communities. 


Massachusetts Housing Partnership (MHP) loans

Specifically designed for first-time homebuyers, the ONE Mortgage Program offers homebuyers the comfort of knowing their mortgage is financially stable. It includes features such as an affordable, fixed rate, low down payment requirement, and low monthly payments. 


VA Loans
VA Loans are specifically for veterans and are backed by the Department of Veterans Affairs (VA). These loans allow veterans to buy a home with little or NO down payment. Easier to qualify for than conventional mortgages, VA Loans are often quickly approved with little red tape and are available as either fixed-rate or ARM mortgages. To be eligible, you need to have served at least 181 days of active duty or at least 6 years in the National Guard. At Rockland Trust, we honor and appreciate your service and are here to help you get the loan you deserve.


Get Started Today

For assistance in determining which option is right for you, please speak with one of our loan officers today

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