There are several mortgage programs available through the Buy Brockton lenders. Please contact a lender for rates and terms.
Buy Brockton Mortgage Buy Brockton is a mortgage loan program offered by specific Brockton area community banks and credit unions. The program is designed to help qualified buyers with financing to purchase a home currently owned by a bank, in foreclosure, or one that will be sold through a short sale.
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The current rate is
4.00% (4.311% APR)*
as of 3/17/2016.
*Annual percentage rate (APR) is calculated assuming a 20% down payment. Advertised rate applies to Residential Single Family loans with a maximum loan amount of $417,000. APR is effective as of 3/17/2016 and subject to change without notice. Income limits and other restrictions may apply. Subject to credit approval. Repayment example: $10.12 per $1,000 for 120 months based on $250,000 mortgage. Payment amount does not include taxes and insurance and the actual payment will be greater. Private mortgage insurance premium required on all mortgages with more than 80% loan to value.
Avon Cooperative Bank, Crescent Credit Union, Dedham Savings, Eastern Bank, HarborOne Bank, Mutual Bank, North Easton Savings Bank, Rockland Trust