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Welcome to the Buy North Quabbin Now Campaign!

 

BUY North Quabbin NOW is a limited-time campaign offering unique incentives to people purchasing homes in the North Quabbin area.

This private/public partnership, formed to promote homeownership in Athol, Orange, Erving, New Salem, Warwick, Wendell, Petersham, Phillipston, and Royalston matches potential homebuyers with the best and most responsible mortgage products for purchasing a home in the North Quabbin area today.

The partnership is a collaboration of

·    local lenders —  Athol Savings Bank, Workers' Credit Union, MBA Mortgage — who have pledged over $30 million for BUY North Quabbin NOW mortgages;

·    realtors, attorneys, appraisers, and home inspectors, offering a variety of financial incentives to homebuyers who participate in BUY North Quabbin NOW;

·    value-added partners including retail stores, cultural and recreation venues, restaurants, and service providers offering after-purchase rewards and savings;

·    employers who provide incentives to their employees who purchase homes through the BUY North Quabbin NOW campaign; and

·    City and Town governments.

If you are interested in buying a home in North Quabbin, it all starts with obtaining a mortgage from one of the participating lenders.

If you are interested in becoming a Purchase Partner or Value-Added Partner, learn how you can get involved.

Whether you are considering buying for the first time, moving, upsizing or downsizing NOW is the perfect time to BUY in the North Quabbin.

Participating Lenders

Athol Savings Bank        Workers Credit Union        MBA Mortgage   

 

Realtors

Four Columns Realty

 

Purchase Partners

Attorney Lynnette M. Goodnow

 20 Exchange St. Athol MA 01331 (978)249-7400

 

Attorney Jill Natola

368 Central St. Leominster MA 01453 (978)537-3777

 

 Frigoletto& Associates, Home Appraisers

 

Value Added Partners

Trailhead     Pete's Tire Barns

Community Partners

North Quabbin Chamber of Commerce        Mass Housing    Greater Gardner CDC   

Franklin County Housing & Redevelopment Authority        RCAP Solutions

Athol Memorial Hospital

 

 

Frequently Asked Questions

Why buy a home in the North Quabbin?
The North Quabbin area offers so much to its residents including affordable housing options, easy access to major routes, strong neighborhoods, an outstanding array of programs and resources, quality public schools, and numerous outdoor recreation facilities and activities.

Why buy now?
Homeownership is a long term investment offering rewards far beyond the usual financial ones. The current economic situation has created a unique window of opportunity where mortgage rates and home prices are both at an all-time low. Additionally, the BUY North Quabbin NOW campaign offers a number of incentives to help those who are ready to purchase including real savings through participating lenders, realtors, attorneys, and employers; as well as discounts and rewards through our value-added partners.

Am I eligible to participate?
Anyone looking to buy a condominium, townhouse, single-family home or two- to four-family, owner-occupied residence in Athol, Orange, Erving, New Salem, Wendell, Warwick, Petersham, Phillipston or Royalston may be eligible to participate in BUY North Quabbin NOW campaign. Prospective buyers must secure a mortgage from one of the participating lenders.

Is financing available?
To date, five local financial institutions have pledged to lend over $30 million in mortgages to qualified buyers through the BUY North Quabbin NOW campaign. Participating lenders offer a variety of loan products and incentives. We advise that you visit the web sites of the participating lenders to learn more about each one's specific offerings. The lenders will help you to select a product that best meets your needs, based on factors such as your credit history, amount of down payment, and income level.

Do I have to have a down payment?
Some participating financial institutions offer no-down-payment mortgage solutions.

Are there income minimums and maximums for eligibility?
There are mortgage options for most income levels. Specific lenders require different criteria. Check with the participating lenders.

How do I find a home in the eligible area?
Several local Realtors are participating in the program. Most will be displaying BUY North Quabbin NOW signs on the properties alongside their own signs; and may display the logo in their print and on-line advertising.