FTHB CONV: First-Time Homebuyer Conventional

The First Time Homebuyer (FTHB) Conventional financing comes with Down Payment Assistance and discounted mortgage insurance premiums.

Down Payment Assistance is available for all borrowers and all eligible property types.

The FTHB CONV mortgage also maintains its own FTHB Income and Acquisition Cost limits and requires several additional MassHousing-specific origination documents.

There are no Loan Level Price Adjustments "LLPAs".

 FTHB Documents
Document  Form #L-101FTHB: Income and Acquisition Cost Limits First-Time Ho...