MassHousing Mortgage - you can choose the Private Mortgage Insurance (PMI) that’s right for you:
MassHousing Mortgage offers competitive rates, low down payment options and three different PMI options to help create affordability and increase buying power. The Three PMI options available are: PMI paid by the lender (LPMI) or borrower paid (BPMI) or even a no mortgage insurance (NoMI) option.
Features and Benefits:
To learn more about the MassHousing Programs please contact a Loan Officer today or get a “Personalized Quote”.
Program is subject to credit approval, mortgage loan and income limits apply. Other restrictions may apply. Applicants are subject to complete underwriting based on MassHousing/Fannie Mae policies and procedures, not all applicants will qualify, rates, terms and products are subject to change without notice. Loans available on owner-occupied properties only, homeowners insurance required and flood insurance where necessary. Available for residences located in MA. Insured by MassHousing.