If you’re like the vast majority of home buyers, you will choose to finance your purchase with a mortgage loan. However, by preparing in advance, you can avoid the common delays and roadblocks many buyers face when applying for a mortgage.
ONE+Boston will offer the lowest fixed interest rates available for a 30-year mortgage. It will also provide access to downpayment and closing-cost assistance.
For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the most challenging steps on the path to homeownership.
Down payment assistance and other forms of financial assistance are available for first-time homebuyers throughout Massachusetts. Massachusetts Housing Partnership has a list of organizations for each region in the state.
