Chamber Connections BLOG
Chamber Connections BLOG
BayCoast Mortgage Joins Exciting New Program, Giving Homebuyers a Lift Up
SWANSEA, MA – Buying a home can bring a sense of joy, satisfaction, and accomplishment. But with rising prices in the local housing market combined with today’s uncertain economy, not everyone will have the opportunity to experience the excitement that comes with homeownership. This can be especially true when considering wealth differences in our South Coast community. That’s why BayCoast Mortgage (baycoastmortgage.com), a leading lender in Southern New England, is proud to announce it is participating in an exciting new program that aims to increase homeownership opportunities throughout our community, with the goal of promoting a more diverse, equitable, and inclusive home-buying environment. That new program is called Lift Up Homeownership. Initiated by FHLBank Boston, the Lift Up program provides funding to member financial institutions, including BayCoast Mortgage, to award down payment and closing cost assistance grants of up to $50,000 to people of color including Black/African American, American Indian, Alaska Native, Asian (Native Hawaiian or Pacific Islander), Hispanic, or Latino borrowers earning up to 120% of the area median income (AMI) and are first-time homebuyers. Lift Up was put in place to address barriers that many people of color face when purchasing a home, including limited savings for a down payment and the racial financial gap that exists in many area cities and towns. “As part of the BayCoast family, it is our mission to provide exceptional service and financial solutions for our community,” said Nicholas L. Christ, President and CEO of BayCoast Mortgage. “Our partnership with FHLBank Boston will help expand affordable housing opportunities in the South Coast communities we serve by offering critical down payment and closing cost assistance. We’re proud to assist our neighbors as they pursue homeownership and the American Dream.” A total of $500,000 is available through Lift Up Homeownership, which is a purchase-only program for one-to-four unit properties located in New England. Grants will be available on a first-come, first-served basis. For further details about the program and to learn if you may qualify, please call BayCoast Mortgage at 877-466-2678 or visit our website at baycoastmortgage.com. About BayCoast Mortgage BayCoast Mortgage Company, LLC is a wholly owned subsidiary of BayCoast Bank, serving MA, RI, CT, NH, PA, NJ, MD, VA, SC, NC, and FL, offering a wide variety of home mortgage products, including FHA, VA, Land, Construction, Conforming and Jumbo Loans. Visit baycoastmortgage.com or call 877-466-2678.Contact Us to Learn More John McMahon Senior Vice President Community Engagement 508-675-4488 jmcmahon@baycoastbank.com baycoastmortga
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Tando Composites has named Marshall Building & Remodeling Rhode Island's Premier Remodeler4/25/2024 Riverside, RI - Big news from Marshall Building & Remodeling – Tando Composites has named them Rhode Island's Premier Remodeler. This exclusive title is a nod to Marshall's amazing work and their continued dedication to excellence and craftsmanship. Being named Premier Remodeler really highlights Marshall Building & Remodeling's promise to deliver the very best to local homeowners. Over their 40+ years, they've caught the eye of the industry's biggest players, and this recognition continues to cement their reputation as Rhode Island's go-to choice for Roofing, Siding, and Window installations. Anne Marshall, Co-CEO of Marshall Building & Remodeling, shared her excitement: "We're thrilled to be named Rhode Island's Premier Remodeler by Tando Composites. It's a huge acknowledgement of our team's hard work and passion for doing top-notch work every day and on every project." With this new title under their belt, Marshall Building & Remodeling is more fired up than ever to keep raising the bar in the exterior home improvement industry. From their excellent customer service to their installation techniques and craftsmanship, they continue to demonstrate why they are a pillar in the RI community and considered a local favorite. NEWS RELEASE Disaster Field Operations Center East
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