No money down
For starters, a USDA loan is one of the only loan programs offered to the general public that allows you to finance 100% of your home’s value. That means no down payment of any kind!
Massachusetts USDA Loans
My state-specific information
Eligibility Requirements – Massachusetts
House-hunting in Massachusetts? Make things simpler with a USDA home loan. For a family of 1-4 in Massachusetts, the average income limit for a USDA loan is about $131,450, and can be as high as $251,400 for a family of 5 or more. Contact one of our USDA loan specialists to get started and get into your new home!
The map below shows the areas of Massachusetts that qualify for USDA loans. For more information on qualifying areas, head to the USDA property eligibility screen.
Massachusetts USDA Income Limits (Moderate Income – Guaranteed Loan)
Massachusetts has some of the highest USDA income limits in the country due to elevated housing costs.
| Area | 1–4 Person | 5+ Person |
|---|---|---|
| Standard Massachusetts Limit (Many Counties & MSAs) | $152,500 | $201,300 |
| Providence-Fall River, RI-MA HUD Metro FMR Area (MA Portion) | $131,450 | $173,550 |
| Barnstable Town, MA MSA | $153,550 | $202,700 |
| Dukes County, MA | $155,850 | $205,750 |
| Easton-Raynham, MA HUD Metro FMR Area | $161,150 | $212,750 |
| Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area | $190,200 | $251,100 |
| Nantucket County, MA | $190,450 | $251,400 |
USDA income limits in Massachusetts are based on total household income and household size. This includes income from all adult members of the household—not just the borrower. Because of high housing costs throughout much of the state, Massachusetts USDA limits are significantly higher than many other states.
If your total household income is within the limit for your area and household size, you may qualify for a USDA Guaranteed loan with 100% financing (no down payment).
Check Your Massachusetts USDA Eligibility
USDA loans are available in eligible rural and suburban areas across Massachusetts. We can quickly:
- Verify your income eligibility based on household size
- Confirm the home address is in a USDA-eligible area
- Provide a fast payment estimate and next steps
Income limits shown are for USDA Guaranteed loans and may change annually. Final eligibility depends on household size, verified income, and USDA program guidelines.
- NO down payment – Finance 100% of your home
- NO maximum loan amount in Massachusetts.
- NO assets needed to qualify
- Flexible credit guidelines
- Competitive, fixed interest rates so payments do not increase
- USDA Loans are for new and existing properties
Start your Massachusetts USDA home loan now! Just fill out this quick form to get started & a USDA loan specialist will contact you with your options.
What areas are eligible?
USDA Eligibility Map – Massachusetts
USDA Home Loan Features
Great interest rates
USDA loans are made even more affordable through very competitive fixed interest rates, ensuring your payments will not increase every month.
Need a 620 credit score
USDA Loans .Net requires a middle credit score of at least 620. If you are close, apply and we can help.
Affordable 30 year terms
USDA home loans also offers affordable 30 year terms. If you are a first time home buyer, or not, a USDA loan is the perfect fit.
Roll in your closing costs
A USDA loan allows you to finance in your closing costs up to the appraised value. Making the USDA loan the only mortgage on the market with this ability.
Apply today
Start your USDA Loan now! It only takes 30 seconds to see if you qualify.
New Applicants: For questions about a mortgage application currently in process, please reach out to your Mortgage Loan Officer. If you are not sure who your Mortgage Loan Officer is, please email our Mortgage Help Desk at mortgagehelpdesk@magnoliabank.com. Customer Feedback: For complaints or to provide feedback, please email complaints@magnoliabank.com.
This communication does not constitute a commitment to lend or the guarantee of a special interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval.
