PITTSFIELD, Mass. – Greylock FCU announced last week it was approved as a partner with Massachusetts Housing Finance Agency to offer a variety of the state agency’s discount mortgage products. The products include 30-year, fixed-rate loans with no- or low down payments at below market rates. In addition, Greylock will offer its own loans with MassHousing’s MI Plus, a mortgage insurance policy that helps pay the borrower’s mortgage for up to six months if they lose their job. For members who already own a home, Greylock will offer MassHousing’s home improvement loan; septic repair loan; and Get the Lead Out loan for lead paint abatement. MassHousing has also approved the $1 billion credit union a a homebuyer counselor.
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