I am not a mortgage lender. I am a Realtor but there are certain basics of the mortgage process that I need to understand and educate my buyers and sellers. I also have some excellent mortgage professionals on speed dial, not just for loans but to verify or answer questions. Depending on what type of mortgage you are using to purchase your new home you may not be able to buy a certain property. In Massachusetts we have a Mass Housing Loan. This loan is popular with home buyers that have great credit, are established but don’t have a big down payment. 3% down, no MI. But (2 comments)