Important Security Notice: Fraudsters are contacting members and pretending to be from the Holyoke Credit Union-even using our phone number (413) 532-7007 to make the call appear legitimate. They are falsely claiming there is “potential fraud” on your account to obtain sensitive information. Holyoke Credit Union will never request personal or confidential information through unsolicited calls, texts, or emails. If you receive a suspicious call, text, or email, do not respond. Please call our member service department directly at 413-561-9600.

Mortgage

MassHousing Overview

MassHousing

Holyoke Credit Union has teamed up with the MassHousing Finance Agency to bring the most affordable mortgage options to our income-eligible members. MassHousing has been serving low-to-moderate-income homebuyers and homeowners for more than 30 years.

To qualify for a MassHousing loan through Holyoke Credit Union, you must:

  • Meet income and loan limits, which vary by city and town
  • Be creditworthy
  • Buy or refinance a single-family home or condominium, or a 2-, 3- or 4-family property

MassHousing loans offer:

  • Affordable fixed interest rates
  • Low down payment options
  • MI Plus™ payment protection, which helps pay your mortgage loan for up to six months if you lose your job
  • In-house servicing by MassHousing, which means any questions you may have on your mortgage will be answered by local MassHousing staff

MassHousing offers a number of affordable products and services to help families with modest incomes to buy or refinance their homes. They are:

Maximum income levels as high as $130,275 (varies by city or town). For Hampden and Hampshire Counties, the maximum income level is $77,200.

Learn more about Mass Housing Mortgage

A mortgage insurance protection plan for buyers with little or no down payment.

Learn more about MI Plus

Low-cost second mortgage loans for home and septic improvements.

Learn more about Home Improvement and Septic Repair Loans

Meet our Mortgage Specialists