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BOSTON — Saugus Federal Credit Union is bringing affordable home loan products to its members through MassHousing’s MassAdvantage.

MassHousing is part of the Massachusetts Housing Finance Industry, a self-supporting, independent public authority that aims to increase affordable home ownership opportunities in Massachusetts. The Massachusetts Housing Finance Industry was created in 1966 by the Massachusetts Legislature. As a MassHousing-approved lender, Saugus will originate MassHousing’s MassAdvantage home mortgage loans for income-eligible homebuyers. The loans have low-and no-down payment options and below-market interest rates.

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