Buying A Home
Buying a home can be one of the most complicated financial decisions and processes that people will undertake during their lifetime.
Take a certified homebuyer education class, certified by the Homebuyer Collaborative of the Citizens Housing and Planning Association. Not only are home buying classes filled with valuable information, but the completion of these programs can qualify you for great mortgage products designed for first time home buyers.
More than seventeen million Americans—many with low and moderate incomes—rely on manufactured homes for affordable housing. Yet, up to three quarters of them cannot obtain a long-term mortgage loan. Instead, they’re left with chattel loans that have monthly payments up to $600 or more per month greater than the payments for an equivalent mortgage. This report which was produced from the data findings of a new study done by I'M HOME, Toward a Sustainable and Responsible Expansion of Affordable Mortgages for Manufactured Homes was published by CFED.
Check out their homepage for a variety of helpful home buying information. See a list of class locations and certified organizations on the CHAPA website.
Affordable housing information, community reinvestment issues, and a link to homeownership classes.
The City of Boston also runs a down payment assistance program for Homebuying 101 graduates. Find out more information, and apply online.
MassHousing offers a number of programs, products, tools and resources for home buyers, home owners, and partner lenders. Learn more about first time homebuyer mortgage products here.
Homebuying calculator to help learn what you can afford.
Check out the CFPB’s set of tools and resources for homebuyers.