Massachusetts Down Payment Assistance- MassHousing

Today, I am here with Doug Perry from CrossCountry Mortgage, and we are going to discuss MassHousing and its down payment assistance for Massachusetts home buyers. MassHousing is a quasi-public agency designed to promote affordable housing in Massachusetts.

Several loan programs provide down payment assistance for low to moderate-income borrowers.

I see the MassHousing Programs as a big opportunity for Massachusetts first-time homebuyers to get into the market.

Down payment assistance involves a lot, and Doug will cover some of the basics in our interview.

If you would like to see if you qualify for down payment assistance, reach out to either me or Doug and we would be happy to see what programs you qualify for. MassHousing is not the only opportunity for down payment assistance in MA, but it is an excellent place to start.

We are always available to talk about your situation.
Doug Perry- 508-802 8090
Kevin Vitali- 978-360-0422

Sections:
Intro: (00:00)
Down Payment Assistance for FTHB: (00:10)
MassHousing and Down Payment Assistance: (00:45)
About MassHousing: (01:04)
Scenario: (03:58)
Potential To Buy W/ No or Little Money Down: (06:42)
Minimum Credit Score for Down Payment Assistance: (07:31)0
$25,000 in Down Payment Assistance: (08:28)
Massachusetts Gateway Cities: (10:31)
Private Mortgage Insurance and Down Payment Assistance: 12:11)
Qualifying Properties: (13:01)
City Grants: (14:07)
Specific MassHousing Down Payment Programs (18:24)

More on Downpayment Assistance in MA: https://merrimackvalleymarealestate.c...

About Kevin Vitali- Haverhill MA REALTOR: https://merrimackvalleymarealestate.c...

Search For Homes For Sale: https://merrimackvalleymarealestate.c...



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