Lenders
NOTE: Generally, FHA Financing Requires a minimum of 3.5% down payment. Conventional Financing Requires a minimum of 5% down payment. Each Loan will vary depending on Lender, Program, Credit Scores, etc.
TIP: You should avoid major or inconsistent purchases. Wait until AFTER the closing to buy appliances, furniture, etc. This could affect your mortgage ability/conditions to close.
New Lending Practice in effect October 1st, 2015. Consult with us and/or your lender.
Attorneys
TIP: Check with your Lender to see if your Attorney of choice is approved by the Lender to represent both you and the Lender.
Massachusetts Licensed Home Inspectors
A list compiled from the state of Massachusetts Board of Registration of Home Inspectors is available on this website: http://www.state.ma.us/reg/boards/hi.
TIPS: Confirm with your Home Inspector that they will do the pest/termite inspection at the same time as the structural/mechanical inspection; if you would like a Water Quality Test, Radon Air Test, Radon Water Test, Etc. ask your Inspector if they also conduct those tests. We personally do not drop off or pick up any test kits. It is a conflict of interest. You want the Home Inspector to handle all aspects of the tests that you choose.
