Covid -19 lending requirements in MA

[Xiaoyan Liang]

Hello, 

I am looking to buy a multi family in Boston MA. I work full time (W2 income) and have a side business as a photographer (sole proprietorship) for 2 years. 

My questions are: 

1) Can I use the funds in my business account for down payment?  

2) As for qualifying purposes, do lenders require proof that I am still doing the photography business? If so, what kind of proof will they need?  

3) I heard that lenders are tightening the lending requirements due to covid-19. What are the changes? 

Any responses or suggestions would be appreciated. 

Thank you