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DEDHAM SAVINGS PARTICIPATING IN ONE+BOSTON MORTGAGE PROGRAM

ONE+Boston increases the buying power for income-eligible, first-time
Boston homebuyers purchasing a home within the City.

Dedham Savings is participating in the ONE+Boston program, according to an announcement by Laura Dorfman, Executive Vice President for Residential & Consumer Lending.

Stated Dorfman, “Buying a home may be one of the largest and most important purchases many of us will ever make. Dedham Savings is participating in the ONE+Boston program so we can help our homebuyers who live in Boston, which is known as one of the most expensive homeownership cities in the U.S.”

About The ONE+Boston Program

The ONE+Boston program is a partnership between the City of Boston, Massachusetts Housing Partnership (MHP), and the Massachusetts Affordable Housing Alliance (MAHA). Homebuyers must meet program eligibility requirements, which include:

  • Currently live in Boston
  • First Time Homebuyer (hasn’t owned a home in last 3 years)
  • Meet income guidelines
  • Meet credit score requirements
  • Take a required Homebuyer Class

According to Dorfman, Dedham Savings Loan Officers are well-versed in the ONE+Boston program and can assist Boston homebuyers in determining if they qualify for the program. Once qualified, program benefits are significant and help buyers afford a more expensive home than they might otherwise qualify for. Program benefits include:

Interested buyers who live in Boston and are first time homebuyers should contact the Dedham Savings Mortgage Team to learn if they qualify and to take next steps.

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