Competitive, fixed interest rates with flexible credit and qualifying requirements
A deferred down payment or closing cost assistance loan option for eligible borrowers
Borrower or lender paid mortgage insurance options are available
Loans insured by MassHousing feature MIPlus™ Mortgage Payment Protection benefit, which helps repay your loan if you are deployed or lose your job, or for Reservists and National Guard Members called to active duty
Rehabilitation option is available
No Residual Income test used to qualify
Non-Spouse Co-Borrowers allowed
Projected Rental Income used to qualify
Payments are made directly to Mass-Housing in Boston
Condos follow Fannie Mae Guidelines, not FHA/VA
This program is a 97% loan at a 30 year fixed rate. It has a second mortgage of 3% that is deferred and no payments are required. This allows for 100% financing and has the No Mortgage Insurance option as well.
For more details about Operation Welcome Home call or email me anytime.
Veterans Day gives Americans the opportunity to celebrate the bravery and sacrifice of all U.S. veterans. However, most Americans confuse this holiday with Memorial Day, reports the Department of Veterans Affairs. What’s more, some Americans don’t know why we commemorate our Veterans on Nov.11. It’s imperative that all Americans know the history of Veterans Day so that we can honor our former service members properly.
As each year passes, we lose more men and women who remember and understand what it was like to be at war…fighting for their lives, for democracy and freedom. And unfortunately as time goes by, the younger generations become more and more removed from what Veterans Day is all about and why we recognize it. It is our job as to citizens of this great country to keep the meaning alive.
Please take a moment to tell your children and grandchildren why it’s important that we stop and remember. Remind them that we are safe and free because of those who fought and died AND because of those who fought and lived. While November 12th is a holiday for many, and that means sleeping in or shopping or hanging out with friends, it’s also a day of importance and reflection. Even if you don’t attend a ceremony or observe the minute of silence, please just stop and take a moment to appreciate the freedoms we have and the sacrifices that have been made by our service members and their families.