Mortgage pre-approval in Massachusetts.

Closing commonly handled by

closing attorney

State housing agency

MassHousing

Stellar agency approval

Not a participating lender

2026 conforming limit

$832,750 (higher in 7 of 14 counties, up to $1,249,125)

2026 FHA limit

$541,287 to $1,249,125, by county

Our license

Mortgage Lender License

Company NMLS

#2190975

Your officer

Steve Umansky, NMLS #61764

What we offer in Massachusetts

Purchase and refinance loans for primary residences, second homes and investment properties. We offer conventional loans with low down payment options, FHA loans with a low down payment, VA and USDA loans with little or no money down for eligible buyers and properties, and jumbo, renovation and non-QM financing, including bank statement and DSCR loans. Full list: all loan programs.

How closings work in Massachusetts

Massachusetts closings are commonly conducted by an attorney, who also certifies the title. Condominiums and two- and three-family homes are a large part of the market, and homes with a septic system need a Title 5 inspection when they are sold, so we ask about both at the start.

Transfer and recording taxes. Massachusetts charges a deeds excise of $2.28 for each $500 of the sale price. Barnstable County uses a different figure. The purchase contract sets which side pays. Source: Massachusetts Department of Revenue, tax rates. Property taxes are set locally; we take the figure from the tax record for the address.

Loan limits in Massachusetts

For 2026 the conforming loan limit for a one-unit home is $832,750 (higher in 7 of 14 counties, up to $1,249,125). Loans above the county limit are jumbo. FHA limits are set separately by HUD for each county. Sources: FHFA conforming loan limit values and HUD FHA mortgage limits.

First-time buyer programs in Massachusetts

The MassHousing runs Massachusetts’s homebuyer programs, which can include a first mortgage and help with the down payment and closing costs for buyers who meet its income and purchase price limits. This is general information: Stellar Mortgage is not a participating lender for these programs. We offer conventional loans with low down payment options, FHA loans with a low down payment, VA and USDA loans with little or no money down for eligible buyers and properties, and jumbo, renovation and non-QM financing, and we will tell you when an agency program looks like the better fit. Official source: MassHousing. See also our first-time buyer guide.

USDA eligibility is decided address by address: check the property on the USDA eligibility map. VA: no VA minimum credit score; lender overlays apply.

Questions Massachusetts buyers ask

Massachusetts notice. Stellar Mortgage Corporation, NMLS #2190975. Massachusetts Mortgage Lender License.

Loan limits, tax rates and agency programs are set by third parties and change. Confirm current figures before relying on them. Not a commitment to lend.