Home Loans for Every Bay State Community

Welcome Home Mortgage is headquartered in Dedham, MA — right at the center of the Bay State. We’ve helped hundreds of Massachusetts families buy, refinance, and build wealth across all 351 cities and towns. From triple-deckers in Boston to capes on the Cape, we know this market inside out.

351

MA Cities & Towns

$1.09M

FHA Limit in Boston

21 Days

Avg. to Close

6+

Loan Programs

Serving All of Massachusetts

All 351 cities & towns — Headquartered in Dedham, MA

Massachusetts service area map — Welcome Home Mortgage Connecticut / RI New Hampshire Atlantic Cape Cod P-Town Martha's Vineyard Nantucket MASSACHUSETTS Dedham ★ HQ 515 Providence Hwy Boston ★ FHA $1.09M limit Worcester ★ Heart of MA Springfield ★ Pioneer Valley Lowell Cambridge Quincy Brockton Lynn New Bedford Fall River Plymouth Framingham Newton Lawrence Haverhill Northampton Pittsfield Gloucester Salem Hyannis MA Licensed · NMLS# MB1508966 Equal Housing Opportunity
HQ & Major Cities
Served Communities
Cape & Islands
351
Cities & Towns
$1.09M
FHA Limit
21 Days
Avg. Close

Why Welcome Home Mortgage in MA

Massachusetts Mortgage Experts — Locally Based

We’re not a national call center. Our office is at 515 Providence Highway, Suite 205 in Dedham, MA — 9 miles from downtown Boston. Our loan officers handle Massachusetts mortgages every day: from competitive Greater Boston condo markets to the triple-decker opportunities of Worcester, the affordability of Springfield, and the beauty of Cape Cod.

That local knowledge matters. We know that a Lowell or Lawrence first-time buyer needs different guidance than a Newton Jumbo buyer. We know the attorney closing process, MassHousing programs, the 203k renovation loan — and we use all of it to serve you.

Massachusetts Housing Market 2024

Statewide Median Home Price

~$595,000

Greater Boston Metro Median

~$720,000

Worcester Metro Median

~$385,000

Pioneer Valley Median

~$265,000

FHA Limit — Suffolk County

$1,089,300

FHA Limit — Most MA Counties

$828,000

VA Loan Limit

No Maximum ✓

Attorney Closing Required

Title Company ✓

Avg. Days on Market

None ✓

MA First-Time Buyer Programs

• MassHousing — DPA up to 5% of purchase price
• ONE Mortgage Program — No PMI, below-market rate
• Operation Welcome Home — For MA veterans
• Boston DPA Loan — For Boston residents
• USDA Rural Development — 0% down, eligible towns
• FHA 203k — Buy + renovate in one loan

Our Service Area

Massachusetts Cities & Towns We Serve

From the competitive streets of Cambridge to triple-deckers in Worcester, Cape Cod cottages, and the affordability of Springfield — we serve all 351 Massachusetts communities. Here are the key markets where we work every day.

Boston

Suffolk County
Pop. ~675,000

Cambridge

Middlesex County
Pop. ~118,000

Somerville

Middlesex County
Pop. ~81,000

Quincy

Norfolk County
Pop. ~101,000

Newton

Middlesex County
Pop. ~88,000

Dedham

Norfolk County
Our Headquarters

Brookline

Norfolk County Pop. ~59,000

Malden

Middlesex County
Pop. ~62,000

Medford

Middlesex County
Pop. ~58,000

Lynn

Essex County
Pop. ~102,000

Everett

Middlesex County
Pop. ~47,000

Waltham

Middlesex County
Pop. ~62,000

Milton

Norfolk County
Pop. ~27,000

Weymouth

Norfolk County
Pop. ~56,000

Randolph

Norfolk County
Pop. ~33,000

Salem

Essex County
Pop. ~44,000

Peabody

Essex County
Pop. ~53,000

Beverly

Essex County
Pop. ~43,000

Gloucester

Essex County
Pop. ~30,000

Lowell

Middlesex County Pop. ~115,000

Lawrence

Essex County
Pop. ~80,000

Haverhill

Essex County
Pop. ~65,000

Methuen

Essex County
Pop. ~50,000

Andover

Essex County
Pop. ~36,000

Brockton

Plymouth County
Pop. ~105,000

Plymouth

Plymouth County
Pop. ~62,000

Marshfield

Plymouth County
Pop. ~25,000

Bridgewater

Plymouth County
Pop. ~27,000

New Bedford

Bristol County
Pop. ~101,000

Fall River

Bristol County
Pop. ~94,000

Taunton

Bristol County
Pop. ~57,000

Attleboro

Bristol County
Pop. ~45,000

Worcester

Worcester County
Pop. ~206,000

Framingham

Middlesex County
Pop. ~72,000

Leominster

Worcester County
Pop. ~42,000

Fitchburg

Worcester County
Pop. ~42,000

Marlborough

Middlesex County
Pop. ~38,000

Barnstable

Barnstable County
Cape Cod

Hyannis

Barnstable County
Cape Cod Village

Falmouth

Barnstable County
Pop. ~31,000

Sandwich

Barnstable County
Pop. ~20,000

Springfield

Hampden County
Pop. ~155,000

Holyoke

Hampden County
Pop. ~40,000

Chicopee

Hampden County
Pop. ~55,000

Westfield

Hampden County
Pop. ~42,000

Northampton

Hampshire County
Pop. ~28,000

Amherst

Hampshire County
Pop. ~40,000

Pittsfield

Berkshire County
Pop. ~44,000

Great Barrington

Berkshire County
Pop. ~7,000

+ Every other city and town in all 14 Massachusetts counties. We are licensed statewide. Call us about your area →

Loan Programs

Massachusetts Mortgage Programs

Every loan type — matched to your specific Massachusetts situation, priced competitively, and processed by a local team who knows the Bay State.

FHA Loan

The most popular choice for Massachusetts first-time buyers. With FHA limits up to $1,089,300 in Suffolk County and flexible credit standards, FHA financing works across every MA market — from the South Shore to the Berkshires.

VA Loan

Proudly serving Massachusetts veterans and active-duty military stationed at Hanscom AFB, Camp Edwards, and Westover ARB. Zero down payment, no PMI — the best mortgage in America for those who served.

Conventional Loan

For qualified MA buyers in higher-priced markets like Newton, Brookline, Wellesley, and Lexington. Also the go-to for Massachusetts investment properties, second homes, and Cape Cod vacation cottages.

FHA 203k Renovation

Massachusetts has some of the oldest housing stock in America. The 203k lets you buy a fixer-upper and finance renovations in one single loan — the perfect product for New England's triple-deckers, colonials, and Victorians.

USDA Loan

Many Western and Central Massachusetts communities qualify for USDA zero-down rural financing. Parts of Worcester County, Hampshire, Hampden, and Berkshire counties have eligible areas — no down payment required.

Refinance

Lower your existing Massachusetts mortgage rate, tap home equity for renovations or debt consolidation, or shorten your loan term. We coordinate with MA real estate attorneys from day one for smooth closings.

Why Choose Us

Massachusetts Mortgage Done Locally

We are not a 1-800 number or a remote fintech. We are neighbors — based at 515 Providence Highway in Dedham, with loan officers who know this market because they live here.

Attorney Closing Expertise

Massachusetts is one of only 12 attorney-closing states. We work with a vetted network of real estate attorneys across every county — no surprises on closing day, and closings that actually happen on time.

MassHousing & DPA Programs

We're trained to evaluate every Massachusetts-specific program you might qualify for: MassHousing, ONE Mortgage, the Boston DPA Loan, and local municipal grants — all at no extra cost to you.

Triple-Decker & Multi-Family Knowledge

Massachusetts triple-deckers are a unique wealth-building opportunity. We specialize in FHA multi-family financing that lets you owner-occupy one unit while rental income from the other two helps you qualify.

Speed That Wins Offers

In a market where homes sell in days, our 21-day average closing and same-day pre-approval letters mean you can compete confidently against buyers with conventional or cash offers.

Florida License Number

NMLS# MB1508966

Licensed Massachusetts Mortgage Broker

21

vs. 45+ industry average

5.0 ★

Average Google rating

FHA County Limits We Work With Daily

Suffolk Co. (Boston): $1,089,300
Middlesex / Norfolk / Essex: $828,000
Bristol / Plymouth / Worcester: $828,000
Hampden / Hampshire: $472,030
Berkshire: $472,030

Massachusetts Mortgage Guide

Buying a Home in Massachusetts: What Every Buyer Needs to Know

Massachusetts is one of the most competitive and complex real estate markets in the United States. Understanding how mortgages work here requires knowing the state’s unique legal framework, its aging housing stock, its wide range of local programs, and its unusually high FHA loan limits in the Greater Boston area. Welcome Home Mortgage lives in this market — and we’re here to guide you through every step.

Massachusetts is an Attorney-Closing State

Unlike most states, Massachusetts requires a licensed real estate attorney to conduct all mortgage closings. The attorney performs the title examination, prepares all closing documents, disburses funds, and records the deed. This is a critical distinction — and one that can slow down or derail deals when buyers and their lenders aren’t prepared for it. We are. Welcome Home Mortgage maintains relationships with experienced real estate attorneys across all 14 Massachusetts counties, ensuring your closing happens on time and without surprises.

The Massachusetts Triple-Decker Opportunity

No other state has a housing type quite like the Massachusetts triple-decker. These three-story, three-family wooden-frame homes — built primarily between 1880 and 1930 and concentrated in Greater Boston, Worcester, Springfield, Fall River, and New Bedford — represent one of the best wealth-building opportunities in American real estate. An FHA loan allows you to purchase a 1–4 unit property as long as you occupy one unit as your primary residence. This means you can buy a triple-decker with as little as 3.5% down, live on one floor, and use rental income from the other two units to help qualify for your mortgage. The FHA 203k renovation loan is also a perfect fit for these older properties that often need updating — it lets you finance the purchase and renovation in a single loan.

Massachusetts First-Time Buyer Programs

Massachusetts offers some of the strongest first-time buyer programs in the nation. We evaluate all of them for every client:

Greater Boston's Hyper-Competitive Market

In Boston, Cambridge, Somerville, Brookline, and surrounding communities, the market is extraordinarily competitive. Median prices regularly exceed $700,000 and homes often sell with multiple offers within days of listing. Sellers and their agents expect buyers to arrive with fully-underwritten pre-approval letters — not just pre-qualification. Our same-day pre-approval process gives you a real pre-approval based on actual document review, so you compete with full credibility against even cash buyers.

Affordable Opportunities Across the Commonwealth

Massachusetts has many more affordable markets worth exploring. Springfield, Holyoke, and Chicopee in the Pioneer Valley regularly see median prices under $300,000, making them prime FHA markets. Lowell, Lawrence, and Haverhill in the Merrimack Valley offer strong first-timer opportunities with below-average prices relative to wages. Fall River and New Bedford on the South Coast provide excellent coastal-adjacent value. Worcester continues to attract Boston-priced-out buyers with a growing arts, dining, and professional scene at significantly lower prices.

Cape Cod and the Islands

Cape Cod represents a unique sub-market: a combination of year-round residents buying primary homes and seasonal buyers purchasing vacation properties. FHA and VA loans work for primary residences anywhere on the Cape. Vacation homes require conventional financing with at least 10% down. We help buyers understand the distinctions upfront so there are no surprises at the application stage.

Massachusetts Quick Facts

State Capital

Boston

Population

~6.9 Million

Median Household Income

~$89,000

Median Home Price
~$595,000
Closing Type
Title Company

Number of Counties

14

Min. FHA Down

Attorney Required

Min. FHA Down Payment

3.5%

FHA Limits by County

Suffolk Co.

$1,089,300

Middlesex Co.

$828,000

Norfolk Co.

$828,000

Essex Co.
$828,000

Bristol Co.

$828,000

Worcester Co.
$828,000

Hampden Co.

$472,030

Hampshire Co.

$472,030

Berkshire Co.

$472,030

Success Stories

Massachusetts Clients We've Helped

“First-time buyer in a Quincy condo war — I had no idea what I was doing. Welcome Home got me a real pre-approval in the same afternoon, walked me through FHA options, and we closed 19 days after my offer was accepted. I beat out buyers with conventional financing. Incredible team.”

Maria Rodriguez

Quincy, MA — FHA Purchase

“I’m a Navy vet and used my VA benefit to buy a home in Dedham. The team handled my Certificate of Eligibility, found an attorney locally, and walked me through every step. Zero down, no PMI, closed in 22 days. Every veteran should know this team exists.”

David Santos

Dedham, MA — VA Loan

“We used the FHA 203k to buy a triple-decker in Worcester that hadn’t been updated since the 1970s. Welcome Home handled contractor approval, draw inspections, everything. Now we live on the top floor and the rent from the other two units covers almost our entire mortgage. Life-changing.”

James & Patricia Oliveira

Worcester, MA — FHA 203k

Get Started Today

Get Pre-Approved for a Massachusetts Mortgage

No hard credit pull to start. Same-day pre-approval letters. A Massachusetts-licensed loan officer will review your application and be in touch within hours — not days.