Finance
A Massachusetts homebuyer uses the MassHousing ONE Mortgage program. This program is designed to assist:
ALuxury homebuyers in Boston
BFirst-time homebuyers with low-to-moderate income by providing below-market interest rates and no PMI✓ Correct
CCommercial real estate investors
DSecond-home purchasers in Cape Cod
Explanation
The MassHousing ONE Mortgage is a state program providing affordable mortgage financing to first-time homebuyers with low-to-moderate incomes, offering competitive interest rates and eliminating the need for private mortgage insurance (PMI).
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