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FHA vs Soft second

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Icon Mini Profile webbdavidalan





Joined: 11 Jan 2011

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Post Posted: Tue Jan 11, 2011 10:25 am    Post subject: FHA vs Soft second
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Hi,

I'm a prospective first time home buyer in MA and i'm trying to figure out what would be best for me, FHA or Soft second. I believe i qualify as low income in the areas i am currently looking. I do have some limited funds for a down payment and a very good credit history. My head is spinning with all the information out there that does not seem to answer all my questions.
Icon Mini Profile sara
sara
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Joined: 05 Jul 2006

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Location: New Brunswick, New Jersey
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Post Posted: Wed Jan 12, 2011 2:13 am    Post subject:
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Hi webbdavidalan,

As you're a resident of Massachusetts, you can go for the option of soft second. To know more about it, check out the given page:
http://www.massresources.org/pages.cfm?contentID=7&pageID=2&subpages=y es&SecondLeveldynamicID=382&DynamicID=372

Take care.

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