Southern Mass Credit Union has affordable loan programs to assist Homebuyers in purchasing their first homes. (Private Mortgage Insurance required for mortgage loans over 80% Loan-to-value. Subject to credit approval.)
No down payment or 3% down payment programs available (credit terms may vary).
Fixed Rate Mortgage Option.
Down Payment Funds may be gifted in its entirety.
1 Unit Owner Occupied Purchase Transactions.
Mass Housing Partnership One (MHP-One) Program Available.
Owner Occupied Only.
Reduced Mortgage Insurance Rates Available.
Income and Asset Restrictions Apply. Subject to Credit Approval.
Let’s work together to find the right mortgage solution for you.