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:

  • Choose with or without private mortgage insurance
  • Competitive fixed rate loans
  • Low down payment
  • Financing for owner-occupied one-four family homes and condominiums
  • Flexible underwriting guidelines
  • Purchase or Refinance

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.