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Warehousing Product Matrix and Underwriting Criteria Product Description FFHB CONE: First Time Homebuyer Conventional First Time Homebuyer FFHB Conventional financing with Discounted Charter Level
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01
Start by obtaining a copy of the masshousing product matrix.
02
Read through the matrix to understand the different products and their eligibility criteria.
03
Familiarize yourself with the required documentation for each product.
04
Determine your eligibility for the products based on your income, credit score, and other factors.
05
Fill out the matrix by providing the requested information for each product.
06
Make sure to include all necessary supporting documents along with your application.
07
Double-check your completed matrix for any errors or missing information.
08
Submit your filled-out matrix and supporting documents to the appropriate department or individual.
09
Await a response from masshousing regarding your eligibility and next steps.

Who needs masshousing product matrix and?

01
Individuals or families seeking affordable housing options in Massachusetts.
02
Those looking to apply for mortgage loans or rental assistance programs offered by masshousing.
03
Housing developers or organizations working with masshousing to provide affordable housing units.
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MassHousing product matrix is a tool used by lenders to help determine which MassHousing loan products may be eligible for a specific loan scenario.
Lenders are required to file MassHousing product matrix when submitting a loan application to MassHousing.
MassHousing product matrix should be filled out online through the MassHousing website by entering the required loan information.
The purpose of MassHousing product matrix is to identify which MassHousing loan products match the borrower's loan scenario.
Information such as loan amount, loan type, borrower's credit score, property location, and any special programs or requirements should be reported on MassHousing product matrix.
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