CBRB Mutimillion Dollar Club
Lori Cotter (413) 348-9259
Email: Lori.Cotter@nemoves.com   -   Main Page:  www.LoriCotter.com
 RETURN TO HOME PAGE
 -Client Login
 Search Homes Now
 Recent Home Sales
 Connecticut Home Search
Lori Cotter CNS MBA
Coldwell Banker Residential
55 North Main Street
East Longmeadow MA 01028

Phone: (413) 348-9259
Email: lori.cotter@nemoves.com


Privacy Policy
Unsubscribe
   


Below are a few of the Home Buyer Incentives currently available. These grants are subject to change, discontinuation and/or eligibility requirements. Please call Lori Cotter for a list of contacts for these and other  programs.




FEDERAL HOME BUYER TAX CREDIT
Receive up to $8,000  TAX CREDIT for elibible first time home

MASSACHUSETTS HOUSING PROGRAMS
Some of the available financing products:
 - 100% Financing - rural or masshousing
 - No PMI soft second - interest rates up to 1% below most other loans
 - 6 months Paid interest for unexpected loss of job


City  of Springfield

Direct Financial Assistance
American Dream Initiative
Eligible Homebuyers can receive assistance of $5,000 to pay costs of acquiring a home and additional assistance may be granted for minor repair needs.
Interest Rate Reduction
Participating lenders will provide an interest rate buy-down equal to 1% from the current applicable prevailing rate. Lender participation must be pre-approved by the Office of Housing and Neighborhood Services.
Homebuyer Assistance
Homebuyers are eligible for assistance of $2,500 to pay costs of acquiring a home.



The City of Chicopee

The City of Chicopee provides first time homebuyer counseling and financial
assistance to enable eligible households to purchase their first home.

The maximum assistance amount is $7,500 for purchase of properties within the target
neighborhoods of Willimansett, Chicopee Falls and Chicopee Center. For all other neighborhoods, financial assistance cannot exceed $5,000. Assistance is in the form of a deferred payment forgivable loan.


City of Holyoke

The Borrower's Assistance Program (BAP) is a program administered by the Holyoke Housing Authority with HOME funds from the city of Holyoke. Under this program, income eligible first-time homebuyers can borrow up to $4,999 for the downpayment and/or closing cost expenses. The loan is at 0% and if the borrower remains in the home for more than five years the loan is forgiven.


   


Servicing: Agawam, Chicopee, East Longmeadow, Hampden, Holyoke, Longmeadow, Ludlow, Palmer, Palmer-Bondsville, Palmer-Thorndike, Palmer-Three Rivers, Springfield, Springfield-East Forest Park, Springfield-East Springfield, Springfield-Forest Park, Springfield-Hill McKnight, Springfield-Indian Orchard, Springfield-Liberty Heights, Springfield-N End Brightwood, Springfield-Pine Pt Bstn Rd, Springfield-Sixteen Acres, Springfield-So End Central, West Springfield