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October 31, 2008

Medway Bank To Offer MassHousing Loans

Medway Co-operative Bank is now an approved lender of MassHousing loans.

The loans offer an affordable option for low- and moderate-income buyers. The loans have low- and no-down payment options and below-market interest rates.

To qualify for the loans, one- to two-person households in Medway can earn up to $85,000 and buy a house for up to $428,000. Households with three or more people can earn up to $98,600.

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