Trevor McFarland - Guild Mortgage

Trevor McFarland - Guild Mortgage

Senior Loan Officer, NMLS# 38803

18/03/2024

LIVE TODAY! Mass Housing down payment assistance for first time homebuyers!

18/03/2024

A very special thank you to everyone that helped me earn Chairman's club for the first time! Thank you to my referral partners, past clients, my team, and everyone else that put their trust in the McFarland team to make dreams come true!

Trevor McFarland, Senior Loan Officer, NMLS ID #38803 16/02/2024

Mass Housing Down payment and closing cost assistance increasing on March 18th!

Mass Housing is INCREASING down payment assistance from $15,000 to $25,000 and now allowing it to be used for the down payment and closing costs! This is also going to be offered with their FHA program at higher income levels than before! The assistance is provided at 2% interest for 15 years. $25,000 is on every loan – no more, no less.

This is a GAME CHANGER for so many buyers! Spread the word!

Here are some key details:

*Must be first time home buyer ( not owned a home in past 3 years)
*Primary home
*Available State-wide
*1,2,3,4 unit homes and condos eligible
*Conventional or FHA!
* Credit score minimum 640
* Income limits apply ( For example, Worcester County income limit is $127,700 and $156,050 for conventional loans in Worcester, Leominster, Fitchburg. Middlesex County is $149,300, except Cambridge, Everett, Somerville $164,200. Conventional in Everett, Framingham, Lowell and Malden is $190,755). Please ask me about further details or additional areas.

Mass Housing also modified their Work Force Advantage program which provides $30,000 in assistance at 0% for down payment and closing costs. This program generally has lower income limits based upon household size, income and location.

These can be complex loans, so please feel free to call, email, text with any questions and/or additional details. I am well versed in these loans – I am currently #3 in the state for the program and #2 in Worcester county.

Buyers can start the process by going to my website below.

Thanks,
-Trevor

Cell - 603-801-0640
[email protected]
Apply online - WWW.Guildmortgage.com/trevormcfarland
NMLS 38803

Trevor McFarland, Senior Loan Officer, NMLS ID #38803 We have loan options to fit every situation, from down payment assistance programs for first-time homebuyers to government-sponsored programs for military families and rural residents or jumbo loans in high-cost markets.

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