At Home Mortgage Program
Metro is pleased to offer a special mortgage program for purchasing or refinancing a home in specific Massachusetts gateway cities. The program is offered in conjunction with MassHousing and neighborhood and community development partners. If you are looking to finance a home in need of rehabilitation, the At Home Mortgage Program could also help cover the cost of the rehabilitation project.
Available for homes in:
Chelsea, Everett and Revere - In conjunction with the Chelsea Restoration Corporation
Lawrence - In conjunction with the City of Lawrence Community Development Corporation
Program Features:
- Available for low to moderate income borrowers*
- Purchase or refinance with or without rehabilitation funds
- Financing available on 1-4 family properties
- Low down payment on 1 and 2 unit properties (Can be gift or grant)
- Low down payment on 3 and 4 unit properties
- All insured loans include MI Plus protection at no additional cost to the borrower**
- The neighborhood and community development partner oversees the rehab project
To speak to a
Mortgage Specialist, please call 877.696.3876 or
email us today.
*Income limits apply.
**MI Plus pays a borrower’s principal and interest (up to $2,000/month for six months) if he or she becomes unemployed.