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Buy, build, renovate, or refinance.

Monson Savings Bank's mortgage lenders are ready to help make your dream home possible. Whether you're looking to buy a new home, upsize, downsize, renovate, or refinance your existing home, our lenders will help you every step of the way.

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10 YEAR FIXED RATE

4.875

%

Rate1

4.894

%

APR1

30 YEAR FIXED RATE

5.375

%

Rate2

5.409

%

APR2

 

Contact a Residential Lender

 

 Apply Online Now     View Mortgage Rates

 

Special Limited Time Offer
$350 OFF MORTGAGE CLOSING COSTS*

At Monson Savings Bank we offer a wide variety of mortgage loan solutions and term options to fit your exact needs.

Fixed Rate Mortgages

With a fixed rate mortgage your interest rate will never increase meaning you can count on consistent and predictable payment each month.

Apply Online     View Rates

 

Adjustable Rate Mortgages

An adjustable rate mortgage has the advantage of an initial lower fixed rate for a designated period of time. Following the initial rate period, the rate will adjust and your monthly payment may change. An adjustable rate mortgage might be what you are looking for if:

  • You plan to sell the home in 5-10 years
  • You are purchasing a starter home
  • You expect an increased income in the near future

Apply Online     View Rates

 

Mass Housing, FHA and VA Loans

With help from a government-backed program, qualifying buyers can take advantage of more flexible credit and income requirements. These options could require smaller down payments and more flexibility.

Learn More

 

Construction loans

Monson Savings Bank’s helpful Residential Lenders make it easy to get started on your home construction project with quick, local decision making and processing. They will help you from start to finish with attentive and friendly service.

  • Competitive rates for your home construction project
  • Available for primary residence or second home construction
  • Payments are interest-only during construction phase, based on the amount drawn on your loan
  • Construction draws advanced in stages based on work completed
  • Transition from the construction phase to permanent financing with no additional closing

Contact a Lender

 

Jumbo loans

Contact a Residential Lender if you are interested in learning more about Jumbo Loan options available through Monson Savings Bank.

Contact a Lender

Meet Our Residential Lenders

Our experienced, knowledgable and friendly Residential Lenders are ready to help you meet your home financing goals.

1. Interest rate and annual percentage rate (APR) accurate as of Today's Date(Do not Delete) and are subject to change without notice. 10 year term with 4.875% interest rate is repayable in 120 monthly payments of $10.55 per $1,000 borrowed. Payment amounts do not include taxes or insurance premiums. Actual payment obligations may be greater. APRs are based on 20% down payment and $100,000 financed, owner-occupied 1-4 primary residence located in MA. Private Mortgage Insurance is required on loan-to-value ratios in excess of 80%. Homeowners insurance and flood insurance (if applicable) are required. All loan applications are subject to credit underwriting and property approval. Other conditions may also apply. Offer may be withdrawn at any time.

2. Interest rate and annual percentage rate (APR) accurate as of Today's Date(Do not Delete) and are subject to change without notice. 30 year term with 5.375% interest rate is repayable in 360 monthly payments of $5.60 per $1,000 borrowed. Payment amounts do not include taxes or insurance premiums. Actual payment obligations may be greater. APRs are based on 20% down payment and $100,000 financed, owner-occupied 1-4 primary residence located in MA. Private Mortgage Insurance is required on loan-to-value ratios in excess of 80%. Homeowners insurance and flood insurance (if applicable) are required. All loan applications are subject to credit underwriting and property approval. Other conditions may also apply. Offer may be withdrawn at any time.

Monson Savings Bank’s NMLS unique identifier is 613363.

*$350 closing cost discounts offer is available for qualified borrowers who establish automatic withdrawal from a Monson Savings Bank checking account. Offer valid for a limited time only and may be withdrawn at any time. Limit one per household. All loan applications are subject to credit underwriting and property approval. $350 credit will be applied at closing. Coupon is not redeemable for cash. Other conditions may also apply.