What are the features?
- Affordable interest rates, fixed for the life of the loan
- 30-year repayment terms
- Mortgage payment protection, which helps pay your loan in case you lose your job
- No hidden fees or other surprises
No PMI program
- A tremendous savings over FHA and clear tax deductibility
- Up to 97% loan-to-value ratio financing on single-family homes and condominiums;
- 95% financing on 2-, 3- and 4-family homes
- Very low-down payment options
- Flexible underwriting and income limits mean more families qualify
- Loans serviced by MassHousing. If you have a question or concern, You can go to the Source!
- “RightRate” Loans for Lower-Income Homebuyers – all the same features of a MassHousing Mortgage with lower interest rates!
Contact a Massachusetts loan officer for current rates and more details.