Do I need a 20% down payment?

With the prices of homes skyrocketing, it’s not always possible to put down 20% on a home. That is especially true for first-time home buyers. Depending on your state, various down payment assistance programs are available. In Massachusetts, qualified borrowers may be able to access down payment assistance for up to 3% of the purchase price or $12,000, whichever is less through MassHousing.

Bank of England is a preferred lender for MassHousing. Contact us to see how we find the right assistance program for you.