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Learning Center: Massachusetts Mortgage Education

Before securing financing for a property, it is important to be familiar with the loan process, types of loan programs available, common mortgage terms, and factors affecting your loan, such as credit.

This section contains information that will help you understand how mortgages work and to make informed decisions. However, you should still consult an experienced Loan Officer when you have questions or need advice.

This section provides simple, clear explanations that can aid in making your mortgage experience a smooth one.


Frequently Asked Questions

First-Time Home Buyer Mortgage Information

The Mortgage Process

Home Loan Application Checklist

Credit Basics

Pre-Approval vs. Pre-Qualification

Home Ownership Tax Benefits

Closing Costs

Loan Programs

Adjustable Rate Mortgages (ARMs)

Interest-Only Mortgages

Why mortgage rates change

Glossary of Terms





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Metrocities Mortgage, LLC is a Delaware Limited Liability company licensed by the Massachusetts Mortgage Lender License #MC4732. Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend.