In Massachusetts, first-time homebuyers are only required to put down 3% to buy a condo, single-family home, or two-family home instead of the more substantial 20% down payment.
Many governments and organizations offer assistance programs for first-time homebuyers. In Massachusetts, first-time homebuyers are only required to put down 3% to buy a condo, single-family home, or two-family home instead of the more substantial 20% down payment. Research what programs are available to you in your region and see if you can qualify for any discounted rates or lowered payments to support the buying process.