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Mortgage Insurance Guarantees

MassDevelopment can provide a guarantee on a portion of a bank real estate loan or tax-exempt bond.  Our guarantee covers the difference between a bank’s maximum allowable loan advance rate and up to 90% of the property value, thereby increasing the amount of financing available to your business.  Our mortgage insurance guarantee program offers:

  • Loan guarantees up to $2,000,000
  • Loan advance rates up to 90% of the value of the real estate

Guarantees are also available for charter school loans, tax-exempt bonds, loans to companies that export products to international markets, and working capital loans to manufacturers.


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