Page 1 of 6
Are You Actually Ready to Buy?
Section 1: Financial Readiness
1. Have you been approved by a Massachusetts lender?
A
Yes, within the last 30 days
B
Yes, but it's older than 30 days
C
Not yet
2. How much savings do you have for the down payment + closing costs?
*
A
3-10% of the purchase price
B
10-20%
C
20%+
D
Not sure
3. Is your credit score above 580?
*
A
Yes
B
No
C
Not sure
4. Do you have an emergency fund (3+ months of expenses)?
*
A
Yes
B
Somewhat
C
Not yet
Next