Archive for the ‘Mass Housing’ Category

Operation Welcome Home

If you are active duty military,  a member of the Reserves or National Guard, Veteran, or a Gold Star family, Mass Housing “Operation Welcome Home” could help you buy your first home.

This program provides affordable mortgage financing as well as closing cost and down payment assistance that could make your dream of homeownership a reality.

For more information and to find out if you quality,

Your next step will be a realtor to help you find your dream home. Give me a call at 978-376-3978 or email me at  It would be my honor to help you.

Joan Parcewski, Realtor & Notary        joan headshot 102017             Laer Realty Partners






MassHousing – An Option for Homebuyers

What is Mass Housing

MassHousing, created by an act of the Massachusetts Legislature in 1966, is an independent public authority whose purpose it is to increase affordable rental and for-sale housing in Massachusetts. Since 1970, it has provided $13 billion in financing. 

This year alone the Agency has come out with some new and innovative financing options:

January 15 22012 – No-MI Mortgage – A 30 year fixed rate mortgage (purchases and refis) to finance up to 97% of purchase price or home value at low rate of interest with no points, no mortgage insurance premium and low closing costs.

May 1, 2012 – Single Premium MI – A low cost single premium mortgage insruance option that allows third parties to provide downpayment and closing cost assistance to homebuyers by prepaying the mortgage insurance with a single premium.  Mass Housing MI continues to provide borower payment protection in case of job loss.

May 15, 2012 – Refinance Program for MassHousing Borrowers – Provides lower, fixed interest rates for homeowners with MassHousing loans wanting to refinance, regardless of property value.  This may help those who are upside down on their mortgage – yet have a job, income, good credit, and the ability to pay.

May 23, 2012 – Right Rate for Lower Income Borrowers – Discounted rate for borrowers who earn 80% or less of the local area median income.  It is available for both purchases and refinances.

For more information about MassHousing, visit their website at

I constantly refer buyers to Mass Housing.  They have great products and also provide classes for buyers to help them understand the process upon which they are about to embark. 

Joan Parcewski, Realtor & Notary  (GRI, CBR, LMC, SFR, CDPE, SRES, GREEN, CIAS, BPOR, E-PRO, AHWD)

Woods Real Estate     c 978-376-3978

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