Home Modification Loan Program

What Is HMLP?

A state-funded program providing low-interest loans for home modifications.
Helps elders and individuals with disabilities live independently and remain in their communities.

Core Purpose:

To adapt homes to meet the needs of household members with documented functional limitations or disabilities.
HMLP is not a general home repair program. Modifications must directly relate to the beneficiary’s day-to-day function.

Am I Eligible?

You may be eligible for the Home Modification Loan Program (HMLP) if you:

Loan Amounts:

Interest Rates:

Repayment Terms:

Deferred Payment: No monthly payments required
The full loan amount is due when the property is sold, title is transferred, or the property is refinanced

Security:

The loan is secured by a mortgage lien on the property or a UCC-1 lien for mobile homes

Asset Rules:

To qualify for the 0% deferred-payment loan, the primary head(s) of the household must meet specific asset limitations
Countable Asset Limit: The primary head(s) of the household cannot have more than **$175,000 in countable assets** (as of May 2025 guidelines; this amount can change annually)
Some previous documentation references a limit of $75,000, so applicants should verify the current limit with a provider agency

Countable Assets Include:

Cash savings
Deposits in checking, savings, money market, and brokerage accounts
Cash value of stocks, bonds, mutual funds, ETFs, index funds, or other capital investments
Real estate (aside from the primary residence) and personal property held as an investment (e.g., gold, jewelry, coins)
Recreational vehicles

Modifications That Can Be Made:

Toilet seat lifts
Doorways widened
Accessibility options include temporary ramps
Permanent built-in ramps
Indoor chair lifts
Washing machine connections moved to a main floor of living
Walk-in tub units or custom shower upgrades, including seats and handheld showers
Grab bar installations for safety
Whole-home standby generators provide power to keep vital medical equipment like oxygen and medications refrigerated during power outages
Fenced-in property perimeter to aid in dementia/Alzheimer's safety
Main-floor living modifications to allow for ADA access

How We Can Help:

Our team is here to assist you with the HMLP program and application and take your project from start to finish.

Recap:

Can borrow anywhere between $1,000–$50,000
This is a 0% interest loan that has no payments or fees and is paid back when the home is sold or transferred
You cannot have any more than $175,000 in assets, which does not include your home or vehicle. It does include cash, stocks, bonds, second homes, etc
Maximum income is $231,600 per person and $264,800 per couple
You need to be a Massachusetts resident
You have to be 60 years or older
You need a medical diagnosis that requires these modifications to be made
We can help you fill out the application and guide you through the process

Contact Us:

Thank you for your time. Please contact us if you, a family member, or a friend would like a free home assessment.