Benefits of MASSHOUSING LOAN 1
ATTRACTIVE INTEREST RATES This loan program allows you to pay a down payment as low as 3%.
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DISCOUNTED INSURANCE Mass Loan programs give you the option to choose a mortgage plan which is offered at a discounted rate.
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30 YEAR PAYMENT TERM
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FASTER UNDERWRITING
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FIXED PAYMENTS
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The loan is spread out over a larger period of time (30 years), which reduces the burden of the loan over the buyer and gives him or her the comfort of repaying with ease.
Underwriting is comparatively faster and easier with Mass Housing Loans when compared to other loan options.
These loans are not subject to market risks, i.e., you’re liable to pay a fixed rate only.
OTHER CONCESSIONS Accepted community gifts and community second mortgages are allowed to be set up against certain costs, subject to approval.
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