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Updated over 8 years ago,

User Stats

112
Posts
63
Votes
Andrew Beaver
  • Malden, MA
63
Votes |
112
Posts

Mass Housing Loan vs FHA Loan

Andrew Beaver
  • Malden, MA
Posted

Hello All Massachusetts Investors/Agents,

What are your thoughts on obtaining a Mass Housing Loan vs an FHA loan?

Through my recent research, most of my discussions have been around a FHA loan but never around the Mass Housing Loan that I've just recently heard of. It seems as if the Mass housing Loan is a no brainer for owner occupants as you do not have to pay PMI. Any thoughts on this? 5% vs 3.5% downpayment isn't enough to deter me from Mass Housing Loan.

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