A Home for the Brave

Learn about low downpayment mortgage financing for veterans of the U.S. Armed Services.

Table of Contents

About the program

MassHousing's Home for the Brave program offers affordable, low downpayment mortgage financing for veterans of the U.S. Armed Services.

The Veterans Administration provides grants to help disabled Veterans make accessibility upgrades to homes they are interested in buying.

Program features

  • Up to 97% financing on single-family homes and condominiums; 95% financing on 2-, 3- and 4-family homes 
  • Loans feature MI Plus, which covers principal and interest payments for up to six months in case of unemployment or deployment 
  • Closing cost assistance is available through MassHousing grants
  • Income and loan limits apply.

Who is eligible

Who can apply

  • A veteran of the U.S. Armed Services
  • Active-duty military*
  • Spouses of soldiers, sailors, or marines killed while on active duty


To qualify for a Home for the Brave mortgage, you must:

  • Purchase a primary residence. You do not have to be a first-time home buyer, but you may not own more than one home upon closing the loan.
  • Have good credit.
  • Have a total housing debt of less than 41% and a total monthly debt of less than 45%
  • If you are buying a 2-, 3- or 4-family property, have two months' reserves.
  • Complete a homebuyer counseling course if you are a first-time homebuyer or purchasing a multi-family property,

*Qualification is based on employment. Active-duty military do not qualify for mortgage payment protection if called to serve overseas since neither employment nor salary would change. 

How to apply

Home for the Brave loans are made through approved community banks and are made possible by MassHousing. To apply, contact a participating lender.

For more information, contact:

One Beacon Street
Boston, MA 02108