Through a partnership with Freddie Mac, MassHousing can now offer Massachusetts homebuyers the Home Possible Advantage and Home Possible Advantage 60 mortgages. The Freddie Mac partnership will help MassHousing work with more lenders, and therefore increase the availability of our home mortgage loans.
"This is an important and exciting addition to our affordable product offerings, and will help us to better serve more Massachusetts homebuyers with more choices," said Lisa Fiandaca, MassHousing’s Director of HomeOwnership Production.
By adding Freddie Mac to our affordable suite of products, MassHousing will continue to offer affordable loans with competitive interest rates and low down payment requirements. Home Possible Advantage loans insured by MassHousing will come with MI Plus, a unique benefit that helps a borrower pay their mortgage if they lose their job.
MassHousing loans are made available through a network of approved lenders across Massachusetts. Learn more about our affordable mortgage options.