State LoanActive
MHFA Monthly Payment Loan
$15,000typical award
Amortizing second mortgage paid alongside your first. Lower upfront, higher monthly.
Active
Accepting applications. Funds available.
Eligibility checklist
- Pair with an MHFA Start Up first mortgage
- Income within MHFA limits for your county
- Amortized over 10 years alongside your first mortgage
- Home Stretch class completion required
Apply through any MHFA-participating lender.
Ready to apply?
Open the official program page and start with an approved lender.
Verified June 2026. Program terms change — confirm details with the official source before applying.