Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the State Mortgage Licensing Authority of Massachusetts before hiring.
Showing 9 first-time home buyer specialists in North Andover, MA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Movement Mortgage - Formerly Superior Rate Mortgage Of New England, LLC
1740 Turnpike St #102, North Andover, MA 01845
(781) 264-5262
movement.com
Jose Frias - Realty One Group Nest
1211 Osgood St, North Andover, MA 01845
(978) 902-1561
friasrealtygroup.com
Justin Blankenship, North Andover Realtor
800 Turnpike St, North Andover, MA 01845
(617) 918-7419
northandovermahomes.com
Tamara Schofield REALTOR with Realty ONE Group Nest
1211 Osgood St Unit 2, North Andover, MA 01845
(978) 352-0147
themvgroup.org
Lavish Realty LLC
30 Massachusetts Ave Suite 308, North Andover, MA 01845
(978) 775-3177
lavishrealty.homes
Buyers Agent North Andover, MA
800 Turnpike St, North Andover, MA 01845
(800) 935-6222
massbuyeragents.org
What Does a First-Time Home Buyer Specialist in North Andover Cost?
Typical costs for a first-time home buyer specialist in Massachusetts include a buyer agent commission which is often paid by the seller. You may also pay for a home inspection costing 400 to 600 dollars, and an appraisal costing 500 to 700 dollars. Attorney fees for the closing range from 1000 to 2500 dollars. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What does a first-time home buyer specialist do in North Andover?
A specialist helps you understand the buying process, find suitable properties, and connect with lenders. They explain Massachusetts specific rules like the requirement for a lawyer at closing and the use of a standard form Purchase and Sale Agreement. They also guide you through local first-time buyer programs.
What are the down payment requirements for first-time buyers in Massachusetts?
Down payment requirements vary by loan type. FHA loans allow as low as 3.5 percent down. MassHousing offers programs with 3 percent down for qualified buyers. Some conventional loans require 5 percent down. A specialist can help you compare options.
Are there special tax benefits for first-time home buyers in Massachusetts?
Massachusetts offers a first-time home buyer savings account program under M.G.L. Chapter 62 Section 6. This allows you to save up to 2000 dollars per year for a home purchase and deduct it from state income tax. You must use the funds within 10 years for a qualified home purchase.