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Mortgages

Find the loan that will support your home buying goals.

Fixed Rate

A fixed rate mortgage could be right for you if you intend on staying in your home for the foreseeable future. A significant benefit of locking in a rate for the life of the loan is that you can plan your budget around consistent monthly payments.

Adjustable Rate

If you plan to sell your home during the earlier years of ownership or would like to take advantage of a lower mortgage payment for an initial period of time, an adjustable rate mortgage (ARM) may give you the flexibility you need. ARMs typically have a lower initial fixed rate, followed by adjustment intervals as market interest rates fluctuate.

First Time Home Buyer

Becoming a homeowner is a big accomplishment that we can help you afford and achieve. With a down payment as low as 3%, your dream of homeownership can become a reality.

MassHousing Lender

As an approved MassHousing lender, we are able to offer affordable, fixed-rate, home loan products to low- and moderate-income home buyers.

  • Affordable interest rates
  • Low down payment options
  • MIPlus payment protection, which helps pay your mortgage loan for up to six months if you lose your job
    • Covers principal and interest payments for up to six months (up to $2,000/month)
    • Comes at no added cost on loans insured by MassHousing
    • May be used for any six months during the first 10 years of the loan
  • In-house servicing by MassHousing which means that any questions you may have on your mortgage will be answered by our own staff located right here in Massachusetts

No MI means no mortgage insurance. If you are eligible, you can get the same secure, low-down payment MassHousing loan without the monthly mortgage insurance premiums.

To qualify for a MassHousing Mortgage with no MI, borrowers must:

  • Meet income and loan limit guidelines
  • Purchase a 1- to 4-family property
  • Have good credit
  • Complete a homebuyer education course

Construction Loans

Pick your plot and build your dream home from the ground up. Our construction loan lets you wrap the cost of building and a mortgage into one loan - with just one closing.

Home Improvement Mortgages

Help your house reach its full potential. We offer three convenient options for financing home improvement projects. With each option, your loan amount is based on the value of your home after improvements are made. This means you will have one mortgage with one rate, and only have to close once.

Want to buy a fixer-upper? Turn a handyman’s special into a showcase home.

Need more space for a growing family? Maximize the home you have by creating more space.

Want a nicer home without leaving the neighborhood? Renovate and revive your current home by bringing it up-to-date.