Mortgage Loan Comparison: 15-Year vs. 30-Year MABA Massachusetts Mortgage FisrtTimeHomeBuyers

When it comes down to buying a home, there is no shortage of decisions that need to be made. Enter the dreaded mortgage loan comparison. One of those hefty decisions includes selecting a lender for your mortgage, deciding between a fixed and adjustable rate and most importantly, the length of your mortgage: 15-year mortgage vs 30-year mortgage.

We want to assist you in your decisions by making sure you are well aware and knowledgeable about the home buying process.

With that being said, check out our mortgage loan comparison chart below to learn some facts about the advantages and disadvantage of these two different mortgage terms.

Although 15 year mortgages allow you to save money because banks considering your mortgage as “less risky” so a…………..

To read more click here

First Time Home Buying in Massachusetts

MABA Buyer Agents help first time home buyers reduce the stress and frustration normally associated with buying a home or condo – especially for first time home buyers.

As a first time homebuyer in Massachusetts, you can turn to our non-profit organization to help you understand and navigate the complexities of the entire Massachusetts real estate transaction, from mortgage pre-approval until you are handed the keys to your new home or condominium. Each of our member buyer's brokers and agents works only for their buyer-clients and never for the seller of the home or condo that their buyers want to buy.

MABA Buyer Agents will take the time to learn about you and your real estate goals, help you understand your options, including first time home buyer programs, properties and/or condominium associations, estimate real property values and put together a negotiating strategy to help you increase the odds of getting your offer accepted in our competitive Massachusetts real estate market. After advocating to get your offer accepted, your MABA buyer's agent will be there for you at your home inspection and help you protect your deposit through the inspection, purchase & sale and financing contingency periods.

You can buy your first home or condo with confidence knowing that your MABA buyer agent is committed to saving you time and money and helping you make your best home buying decision.