That's a great question. There are some other different variables to consider in order to determine what is the best course of action for you.
First, if you put down 20 ... more
Most banks will ask for 5% to 10% down, but first time homebuyer programs exist through Mass Housing that allow you to buy with as little as 3% down. I'd be glad to discuss ... more
If you need a Portfolio Loan, (one which the bank does not sell to Fannie Mae or Freddie Mac), I may suggest Washington Trust in Burlington-- Matt Chabot has been wonderf ... more
Often there are things that change during the lending process (especially with investment properties) If you can afford the additional money down - then think of it this ... more
This is a growing problem that I'm running into more and more as a Real Estate Agent. I would suggest contacting Michael Chaves at Wells Fargo Home Loans at 978-568-0039. ... more