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Are You Actually Ready to Buy?

Section 1: Financial Readiness

1. Have you been approved by a Massachusetts lender?

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?

*

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?

*

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)?

*

4. Do you have an emergency fund (3+ months of expenses)?

A

Yes

B

Somewhat

C

Not yet