Real Estate Lending
Stoneham Savings Bank offers Fixed and Adjustable Rate Mortgages with point and no point options, First Time Home Buyer Programs, Special Home Loans, Home Equity Loans and Home Equity Lines.
Lots of Mortgage Options to Choose from
- No points option
- Fixed and adjustable rate mortgages
- First time home buyer programs
- New home construction loans
- 1-4 family investment property loans
- Vacation home loans
"Serious Borrower" Program
Our "Serious Borrower" Pre-Approval Program shows sellers just how serious of a buyer you are. By being pre-approved, you'll negotiate with more confidence. Plus, a quicker closing can be expected since much of the credit review process will be complete.
60-Day Rate Lock
Worried that rates will rise after you apply? We've got you covered. At your option, the rate is locked for 60 days from application date, in order to protect you from rising interest rates.
Secure Online Mortgage Center
Apply online for a mortgage anytime, from any computer with Internet access. Plus, find useful calculators, helpful information and current mortgage rates.
Special Home Loan Programs
MHFA Home Improvement/Septic Repair Loans
Stoneham Savings Bank participates in several loan programs in cooperation with the Massachusetts Housing Finance Agency (MHFA). The purpose of these loans is to provide below-market interest loans to qualified low and moderate income borrowers.
Homeowner Options for Massachusetts Elders (H.O.M.E.)
Stoneham Savings Bank is partner with H.O.M.E., a non-profit agency and national leader in elder homeowner protection. Over the past twenty years, H.O.M.E. has helped to conserve and protect the equity of thousands of low income elder homeowners. H.O.M.E. services include free financial counseling and remainder of life planning as well as reverse mortgages and senior equity lines of credit through the Bank.
We're Here for You
Our friendly mortgage professionals will help you through the entire application process. Contact our Retail Loan Center at 781-438-5228 or any branch with your mortgage related questions.
To get current rates, terms, and online application, visit our online mortgage center.
|