Printer Friendly

FIRST EASTERN MORTGAGE OFFERS FIRST-TIME HOMEBUYER OPPORTUNITIES

FIRST EASTERN MORTGAGE OFFERS FIRST-TIME HOMEBUYER OPPORTUNITIES
    ANDOVER, Mass., June 11 /PRNewswire/ -- First Eastern Mortgage Corporation announced today that it is accepting applications on a first-come, first-served basis for mortgage financing for the purchase of one-to-four-family residential property to qualify within the guidelines of the new bond issue of the Massachusetts Housing Finance Agency (MHFA).
    First Eastern Mortgage Corporation's total allocation of funds from the MHFA is comprised of portions designated for most of First Eastern's 11 Massachusetts branches.  First Eastern encourages all first-time homebuyers to contact any of their offices in Massachusetts (Andover, Beverly, Boston, Fitchburg, Framingham, Lynnfield, Newburyport, Mansfield, Marshfield, Wilmington, Worcester) for further information.
    According to Robb J. Osinksi, vice president, "This is another fabulous opportunity, supported by the commonwealth of Massachusetts for first-time homebuyers to qualify for mortgage financing at significantly lower interest rates and eased qualifying/underwriting standards."
    First Eastern Mortgage Corporation, headquartered in Andover, is one of the largest one-to-four-family residential mortgage lenders in New England, with originations in Massachusetts, New Hampshire, Maine, Connecticut and Rhode Island.
    -0-             06/11/92
    CONTACT:  Robb J. Osinksi of First Eastern Mortgage, 508-749-3100 CO:  FIRST EASTERN MORTGAGE IN:  FIN SU:  PDT ST:  MA -- NE005 -- X623  06/11/92
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 11, 1992
Words:201
Previous Article:INTERVISUAL BOOKS POPS-UP ON THE AMERICAN STOCK EXCHANGE
Next Article:THE NEW YORK TIMES TO PUBLISH A CONVENTION BULLETIN AT THE 1992 DEMOCRATIC NATIONAL CONVENTION
Topics:


Related Articles
CHEMICAL BANKING ANNOUNCES FORMATION OF AFFORDABLE HOUSING UNIT
FLEET LAUNCHES FIRST-TIME HOMEBUYER PROGRAM
Norwest Mortgage Leads Nation in Loans to Minority First-Time Homebuyers
First Union Employee Volunteers Join Homeownership Week Celebrations in New Jersey.
Federal Home Loan Bank of Dallas Awards $2.2 Million in Grants for Affordable Housing in Texas; Projects Located in Bryan, Dallas, Denton, El Cenzio,...
Freddie Mac Media Advisory.
Best Year on Record for California Housing Market, But Rapid Price Appreciation Challenging First-Time Homebuyers, According to C.A.R.'s 'State of...
GMAC Mortgage Introduces Move In America to Empower a New Generation of Homebuyers; Program Provides Novice Homebuyers with Innovative Products and...
PA Governor Rendell, Fannie Mae Chairman Announce Program to Aid 250,000 Families with Homeownership.
Freddie Mac President and COO Eugene McQuade to Address Citigroup Financial Services Conference.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters