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MassHousing Mortgage 100 with No MI

On November 5, 2018, we introduced the MassHousing Mortgage 100 with No MI.

Eligible borrowers earning ≤100% of area median income (AMI), purchasing a single/condo, will have the option of a 15-year fixed-rate DPA loan [Seller Guide Section 3.10.5] up to 3% of the purchase price or $12,000, whichever is less, due upon sale or refinance at a 1% interest rate.

For more information, please contact your business development representative.