First-Time Home Buyers

Help Getting Your First Home

Buying a home is a complicated process.  MAFCU can help first-time home buyers navigate the steps by providing guidance and advice.  We also have great low mortgage rates for qualified members (click here for latest rates, scroll down to mortgages).

One of the most helpful steps potential first-time home buyers can take is to get pre-qualified for a mortgage before finding a home so they know what they can realistically afford.  The pre-qualification process lets home buyers find out about any potential issues to resolve early on so they can set up a plan of action which could include paying down debts or resolving credit issues.

First-time home buyers can learn more information about pre-qualification and other important steps by attending a MAFCU financial education seminar offered throughout the year, and opened to the public.

Ten-Hour, First-Time Home Buyers Program

MAFCU and Nuestra Comunidad Development Corporation cosponsor an extensive ten-hour, first-time home buyers program that addresses all aspects of the home buying process and even features guest speakers.  Once participants complete all ten hours, they become eligible for a certificate that can provide help for down payments and closing costs.  There is a low fee of $30 for the course, and you don't need to be a MAFCU member to attend.

The next program will be held in September on the following dates and times:

Tuesday, September 7
Tuesday, September 14
Tuesday, September 21
Tuesday, September 28

All sessions will be held from 4:30 to 7 pm at the MASCO Building, 375 Longwood Avenue, Boston, in the fifth floor conference room. 

For information or to register, contact Paula Kerwin at 617-278-5620 or pkerwin@mafcucreditunion.org.

What You Need to Know About Financing and Refinancing a Home

The Credit Union and its mortgage partner Drew Mortgage offer free seminars on financing and refinancing a home. Check our Seminars & Events Calendar for the next time one of our seminars are offered.

For information about MAFCU's mortgage products, call Michael Shuman, Vice President of Lending, at 617-278-5615 or email mshuman@mafcucreditunion.org.  

For information about MAFCU's financial education programs, call Paula Kerwin at 617-278-5620 or email pkerwin@mafcucreditunion.org.