Project Genesis First Time Homebuyer Education Program REGISTRATION FORM Participant One Participant Two Names: Name: Address: Address: City State Zip: City State Zip: Phone daytime : Phone daytime.

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How to fill out the MA First Time Homebuyer Education Program Registration Form - Merrimack Valley online

This guide provides essential instructions for users looking to complete the MA First Time Homebuyer Education Program Registration Form online. Follow the steps outlined below to ensure a seamless registration process.

Follow the steps to fill out your registration form effectively.

  1. Press the ‘Get Form’ button to retrieve the MA First Time Homebuyer Education Program Registration Form and open it for completion.
  2. Begin filling out the form by entering the names of Participant One and Participant Two in the designated fields. Make sure to provide full names as they appear on official identification.
  3. Next, provide the complete address for both participants, including city, state, and zip code. Accuracy is important for communication purposes.
  4. Enter daytime phone numbers for both participants in the appropriate fields. If available, also include evening phone numbers.
  5. Input the email addresses for both participants. Ensure that these email addresses are correct, as this will be a primary mode of communication.
  6. Indicate how you learned about this educational class by selecting the appropriate option from the list provided, such as 'mailer', 'friend', or 'internet'.
  7. Specify where you are in the home-buying process by choosing one of the options: 'Exploring', 'Actively looking', or 'Under Agreement'. Adjust your response based on your current status.
  8. If applicable, provide the name of the lender or mortgage company in the designated field.
  9. Lastly, complete the payment section if you are opting to register by enclosing a check for $100 made out to Merrimack Valley Housing Partnership. Note that participation does not guarantee financial benefits.
  10. Once all fields are accurately completed, save your changes and prepare to print, download, or share the form as needed before submission.

Complete your registration form online and take the first step towards becoming a knowledgeable homebuyer.

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How much does a first-time home buyer need to put down in MA?

We require a 3 percent down payment to buy a condo, single-family home, or two-family home. We require a 5 percent down payment to buy a three-family property. You may use a down payment program or gifted money from a family member as part of this down payment.

1. The borrower must be a first-time homebuyer, which is defined as someone who has not owned a home in the three years prior to applying for the One Mortgage Program. 2. The borrower must complete an approved pre-purchase homebuyer education class.

The certificate is good for 1 year. You will need to renew the certificate if you do not close on a home within 1 year. Renewal is free and you only have to attend 2 ½ hours of another seminar.

Massachusetts down payment assistance MassHousing provides first-time homebuyers with down payment assistance (DPA) for up to $50,000 or 10 percent of the home's purchase price, whichever is less. The assistance comes in the form of a 15-year, fixed-rate loan with an interest rate of 2 percent.

Eligible applicants receive these funds in the form of a 15-year, fixed-rate loan at 2% interest. Repayment of the assistance loan becomes due upon sale or refinance of the property prior to the end of the 15-year term.

1. The borrower must be a first-time homebuyer, which is defined as someone who has not owned a home in the three years prior to applying for the One Mortgage Program. 2. The borrower must complete an approved pre-purchase homebuyer education class.

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