Submitted by bluemola t3_101fjlr in massachusetts
bluemola OP t1_j2nb3zi wrote
Reply to comment by Bobbydadude01 in First time homebuyer assistance by bluemola
Awesome. After you find a lender and apply with them, do they do the next steps re: sending the grant info to MassHousing? Did you also have to do the education course
Bobbydadude01 t1_j2ndsme wrote
>After you find a lender and apply with them, do they do the next steps re: sending the grant info to MassHousing?
Yes, you never actually need to interact with mass hosuing yourself. It's important to remember that most of their assistance is low interest loans. My downpayment assistance loan was 5% of my purchase price at 2% interest, BUT it's on a 15-year term.
>Did you also have to do the education course
Yes, someone on the loan needs to have completed a course. They list accepted courses on their website.
bluemola OP t1_j2nj7at wrote
Super helpful thank you!
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