Purchase and Rehabilitation Loan Program This Massachusetts down payment program Massachusetts borrowers can get a loan that covers both purchase and home rehabilitation costs. Participants must meet income and purchase price requirements, and are required to make a 3 percent Massachusetts down payment. The maximum loan amount is 97 percent of the purchase price, plus rehabilitation costs or the home’s estimated value after the work is finished, whichever is less. There is a $7,500 minimum rehabilitation amount. Rehabilitation costs include cost of repairs, inspection fees, title update fees and required contingency reserve equal to 10 percent of the total rehabilitation cost.