On November 5, 2018, MassHousing released a new product feature on our rate sheet: MassHousing Mortgage 100 with No MI. The product runs with the same premise as the current No-MI product, with the exception of the following:
- 100% AMI income limit
- Ability to utilize our down payment assistance
Our Seller Guide has been updated to reflect these changes.
While we introduce our MassHousing Mortgage 100 with No MI and as outlined in Announcement 2018.12, MassHousing will be expiring our MassHousing Mortgage with No MI product. We will also be sunsetting our DU Refi Plus at the end of this year.