Mortgage

How Much Should You Put Down On a House?

How much should you put down on a house is a common question most buyers have! What is a Down Payment? In real estate, a down payment is the amount of cash you put towards the purchase of a home, the difference between the price of the home and what they will borrow. They vary […]

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New MassHousing Mortgage Program Requires No Down Payment

The housing marketing is booming but with a lack of houses for sale, overcrowded open houses, and bidding wars, the chance for an individual to purchase a home in Boston is very slim and that’s before we take down payments into consideration. With the ability for buyers being able to purchase a house in the

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Too Many Buyers Still Think They Need 20% Down and They Don’t!

Do You HAVE to Put 20% Down to Buy a House? The NAR 2017 Aspiring Home Buyers Profile report found that 39% of first time home buyers believed they needed more than 20% for a mortgage down payment on a home purchase. This proves that a considerable misconception remains among people who just don’t realize there are

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How to be Competitive against All-Cash Offers

One of the more frustrating things to encounter when getting ready to make an offer on a home is coming up against someone that is paying all-cash. You may think you’re instantly out of luck, but that is not the case! If you’re a home buyer obtaining a mortgage, you can still compete and win

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