HI, Corina. Contact a real estate agency in the area you're looking to buy in. Typically they'll have a few loan officer and lenders that they've worked with and can recommend a qualified LO to assist you. Ideally, the loan officer should preferably work for a direct mortgage lender or brokerage (not necessarily a bank) and be licensed (not just registered). By working for a direct mortgage lender or brokerage, you'll cut down your loan preapproval and closing times by over half. Next, you'll be guaranteed greater customer service and accountability since they're licensed and held to a higher standard. Most also are 100% commissioned and therefore have a greater incentive to properly review your application, structure your loan, and close it in a timely manner.... more
Hello Tony- Is it 2 family, or a 3-4 family? That can make some difference. Sometimes the city/ town will have their own grant as well. Chicopee might. I know towns like Lynn do as well (out East over here...). I know the Chicopee/ Westfield area a bit as well...
FHA may be the best way to go in general. 3.5% down payment,, and that can actually be a gift from a relative if needed. Also, the seller can contribute up to 6% of your closing costs.
Mass Housing.org or .gov would be another website to check out to see what the state of Mass might do and allow. If you'd like to chat, please contact me. I am licensed in Mass for mortgages, and I'm a multifamily owner myself. Thanks and good luck,
Ken L.... more