Homeownership Partners
Why Community Banks and Credit Unions Should Partner with MassHousing
MassHousing's products and programs can help you meet the needs of your customers. Here are just some of the benefits of partnering with us:
Down Payment Assistance up to $30,000
MassHousing provides Down Payment Assistance of up to $30,000 to eligible homebuyers in every city and town in Massachusetts.
Mortgage Insurance with MIPlus
Loans insured by MassHousing feature MIPlus, which helps borrowers pay their mortgage for up to six months if they lose their job.
Help for First-Time Homebuyers
MassHousing shares your mission of serving Massachusetts residents and communities. Lenders who are so governed can earn CRA credits for their efforts.
Program Options and Opportunities
MassHousing loans provide borrowers flexibility to, for example, finance the purchase and renovation of a home or stack down payment assistance with other programs.
Personally, it is extremely rewarding to help first-time buyers achieve homeownership, especially in today's market." - Mary Buck, Bluestone Bank
Real Estate Professionals
MassHousing's simple and straightforward loans are an excellent choice for your customers:
- Low down payment requirements; down payment assistance available to qualifying borrowers
- Affordable interest rates, fixed for the life of the loan
- Income and loan limits are higher than you might think
- Combine Purchase and Renovation financing in one easy-to-manage loan
Events and Information
Looking for more information, marketing materials or other resources about MassHousing? Interested in having a MassHousing representative at a homebuyer event? Contact our Business Development Team.
Community Organizations and Non-Profits
MassHousing is in the business of building communities. Whether you want to host an educational event or just point someone in the right direction, let us help. To learn more and to discuss potential events and ways to partner, contact our Business Development Team.