How much does a first time home buyer need to put down in Massachusetts?
How much does a first time home buyer need to put down in Massachusetts? Home buyers must put down a minimum of 3 percent of the purchase price when purchasing a single-family property, condominium or two-family house. For example, a homebuyer would need a $9,000 down payment for the purchase of a $300,000 home. The borrower must occupy the property. How can I buy a house with low income in Massachusetts? Who is Eligible?Be a first-time homebuyer. Take a homebuyer class. Meet our down payment requirements. Have a total household income under our limits. Have less than $75,000 in total...