On Tuesday, July 28, MAR 2009 President-Elect Kevin Sears participated in a press conference in Springfield, Mass. with Governor Patrick and MassHousing to announce the first group of lenders who are approved to offer MassHousing Homebuyer Tax Credit Loan Program.
“We continue to believe that the $8,000 first-time homebuyer tax credit is a unique opportunity for Massachusetts residents to purchase their first home,’’ said Massachusetts Association of REALTORS® 2009 President-elect Kevin Sears, broker-owner of Sears Real Estate in Springfield. “MassHousing is really increasing the power of the tax credit through this new loan program by giving first-time homebuyers the chance to use the tax credit toward their down payment and other home buying costs.’’
MassHousing Exec. Dir. Tom Gleason (left); 2009 MAR President-Elect Kevin Sears (at podium); Gov. Deval Patrick (without jacket); HAP Exec. Dir Peter Gagliardi (right); Bob Michel, Sr. VP Hampden Bank (behind Kevin Sears); Homeowner Carlos Lopez and family (top stairs)
MassHousing-approved lenders participating in the First-Time Homebuyer Tax Credit Loan Program as of July 28, 2009 include:
Bank of Canton
Bristol County Savings Bank
Cape Cod Five Cents Savings Bank
Eastern Bank
Fall River Five Cents Savings Bank
Fidelity Bank
First Eastern Mortgage
Greater Springfield Credit Union
Greenfield Cooperative Bank
Hampden Bank
Holyoke Credit Union
Legacy Banks
Metro Credit Union
Mortgage Financial
NE Moves Mortgage
Rockland Trust
St Anne’s Credit Union
Salem Five Cents Savings Bank
SaugusBank
Winter Hill Federal Savings
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