In support of its mission to enhance financial accessibility, Greylock Federal Credit Union now partners with MassHousing to provide qualified borrowers with down payment assistance, affordable mortgage loans and affordable refinancing options to help with costly home repairs or renovations.
“Greylock has been focused on helping people realize their dreams of buying their first home for as long as I can remember,” said Tara McCluskey, vice president, mortgage originations manager. “This partnership with MassHousing will enable us to help even more people. Plus, the refinancing options can help people transform their houses into homes where they feel safer and more comfortable.”
"We are delighted to welcome Greylock Federal Credit Union as an approved lender for MassHousing's distinctive affordable home mortgage loans," said MassHousing CEO Chrystal Kornegay. "By partnering together, our two organizations will be able to offer affordable home mortgage loans and unique down payment assistance that can help people buy a home who may have thought home ownership was out of reach."
MassHousing loans assist those with low-and moderate incomes to purchase a home in Massachusetts. Borrowers must meet income limits and purchase a single-family home, condo or 2-4 family property.
In addition to these offerings, MassHousing offers tailored programs for existing homebuyers. Credit and other eligibility requirements also apply.
For more information or to apply, please contact Greylock’s mortgage department at 413-236-4125.