MassHousing is a great resource for first-time homebuyers – all homebuyers, actually.
Here’s just some of the information you can find on their website:
# How to Buy A Home
# Pre-Qualify for a Mortgage
# Loans for Home Buyers
# Mortgage Insurance
# Homes for Sale
# Home Buyer Counseling
# Brochures & Income Limits
The organization, a not-for-profit run by the Commonwealth, has many creative loan programs available to homebuyers.
The way it actually works is that you get one of the loans from a local lender, and the lender sells the loan to MassHousing.
To find out more about MassHousing, visit their website.