GOVERNMENT MORTAGES

M/A COM is proud to offer our members Federally Secure Mortgage Programs - FHA, VA, Rural Housing, and Reverse Mortgages. There are several options for members looking to purchase or refinance and receive cash out. 96.5% and 100% financing available.

FHA and FHA 203K Rehab LOANS

FHA and FHA 203K rehabilitation Loans require only 3.5% down payment. Purchases or Refinances available for members with lower Fico scores and higher LTV's. Solid fixed rate loans. An FHA loan, offered by the government and insured by the Federal Housing Administration, is a great option for many first-time home buyers.

• Competitive rates
• More flexibility in qualifying
• Refinancing options available

     


VA - VETERAN LOANS

There is mortgage help available if you, or your spouse, are eligible veterans, active reservists, or active duty military personnel. The U.S. Department of Veterans Affairs

Mortgage products offered in partnership with Allanach Mortgage Group.
Broker's licenses CT#7160, MA# MB6033, RI#20051935LB, NH# 5616

MassSAVE HEAT Loan ZERO%
Interest Financing HEAT Loan Program

The HEAT Loan Program provides consumers the opportunity to apply for a 0% loan from M/A-COM FCU to assist members with the installation of qualified energy efficient improvements in their homes. The loans are available up to $15,000 with terms up to 7 years. To apply for the loan, the consumer must own and reside in a one to four family residence and obtain a Home Energy Assessment through the MassSave Program.

Improvements that qualify for the HEAT loan include:

• Attic, Wall and Basement Insulation
• High Efficiency Heating Systems
• High Efficiency Domestic Hot Water Systems
• Solar Hot Water Systems
• ENERGY STAR® Windows

To get started, contact MassSAVE at 866-527-7283 to schedule a Home Energy Assessment. The demand for Home Energy Assessments is high this year so there will be a wait to obtain an appointment. An authorized representative will inspect your home and provide you with a list of recommendations for improving energy efficiency. You will also receive a HEAT Loan Intake Form, Program Steps, and Minimum Standards and Requirements at the visit.

Once you've decided which improvements to make, contact us by phone or at a branch for pre-approval. It's fast, easy, and there are no fees.