Straight talk on mortgages from a loan officer who's done it for 10+ years.
Coming up with a down payment in Massachusetts is one of the biggest hurdles for first-time buyers. Between rising home prices, closing costs, reserves, and monthly payment concerns, many buyers who could comfortably afford a mortgage still struggle to save enough upfront cash to actually purchase a home.
Choosing between FHA and conventional financing is one of the biggest decisions Massachusetts homebuyers make — and in a high-cost market, the choice can materially affect both your affordability and whether you qualify at all.
FHA loans remain one of the most widely used mortgage programs in Massachusetts — and one of the most misunderstood. The biggest misconception is that FHA is strictly a first-time homebuyer program. It isn't. You can use FHA financing even if you've owned a home before, as long as you're buying a primary residence and meet the eligibility requirements.
Talk to Nate directly — no forms, no call centers, no runaround.