The Closing Process: The Mortgage
An important aspect of purchasing an affordable housing unit is securing a favorable mortgage or mortgages with a lender who is experienced with affordable housing transactions.
Many lenders have special programs which provide favorable interest rates for such borrowers. Additionally, there are numerous assistance and grant programs available to qualified buyers provided by some cities and towns which provide for closing cost assistance and equity building. Further, extremely favorable second mortgage terms and subsidies may be available through a lender's coordinated efforts with city and state agencies.
1170 Beacon Street Brookline MA 02446
Massachusetts Affordable Housing Attorney
Steven S. Bloom, Esq.
The Rhode Island Supreme Court licenses all attorneys in the general practice of law. The court does not license or certify any lawyer as an expert or specialist in any field of practice.
Steven Bloom, Esq., is licensed to practice in the Commonwealth of Massachusetts. Steven Bloom, Esq. is also licensed to practice in the State of Rhode Island.
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