Posted by: RAPV | July 15, 2010

MassHousing – Affordable Advantage Program

MassHousing’s new Affordable Advantage™ loan offers homebuyers a rare opportunity to purchase a home with no downpayment and only a small commitment of funds at loan closing. The only loan product of its kind on the market today, Affordable Advantage™ not only provides 100% financing but also eliminates the need for mortgage insurance. With its low fixed interest rate, flexible underwriting standards and no-downpayment feature, Affordable Advantage™ is a good choice for low- and moderate-income homebuyers.
 MassHousing is offering informational webinars to get you up to speed on this exciting new program. Check out the upcoming session schedule and choose from:
– “Introduction to MassHousing’s Affordable Advantage Program”
– “Closing a MassHousing Loan”
– “Purchase and Rehabilitiation Program”
and much more!



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