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Updated over 1 year ago on . Most recent reply

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Kyle LeComte
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Mass Housing Loan

Kyle LeComte
Posted

Does anyone have experience using a Mass Housing loan to fund their purchase? I have two friends that have used a Mass Housing loan for their first house hacks but when I try to do my own research on Mass Housing I can't find much. From what I understand it is similar to an FHA loan.

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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
Replied

@Kyle LeComte MassHousing is a loan program that a borrower receives through specific lenders.  Meaning, your lender would need to be approved to use their downpayment program.  There are many different Downpayment Assistance Programs (DAPs) in Massachusetts and that's just one of them. I might suggest to get with a lender that has MANY different options for DAPs and that way you know what different options you would have. 

  • Andrew Postell
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