With a home loan from Pentucket Bank, your loan stays where you live. Whether you’re buying a new house or refinancing your current home, every part of the
process is done locally, because home is where the heart is.
process is done locally, because home is where the heart is.
Affordable Homebuyer Programs
First-Time Homebuyer Program
Enjoy plenty of support for your first home purchase including a 30-year fixed-rate mortgage with as little as 3% down, 0.125% off the rate, and up to $500 closing cost credit. *40-year amortization available for qualifying first-time homebuyers.
Low-to-Moderate Income
Supporting you is what we do. Put as little as 3% down on this 30-year fixed-rate
mortgage product. We offer .125% off the current rate and up to $500 closing
cost credit.**
mortgage product. We offer .125% off the current rate and up to $500 closing
cost credit.**
Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau's website (www.consumerfinance.gov/hmda).
*For qualified first time homebuyers only, subject to credit approval. Receive up to $500 credit toward closing costs, applied at closing. Interest Rate, APR and discount point shown are subject to change without notice and based on $350,000.00. Rates are based on single family and condominium, owner-occupied dwellings. Private Mortgage Insurance (PMI) is required on all loans and with a loan-to-value ratio greater than 80%. There is a maximum loan amount of $766,550 as of 1/1/24. Estimated payments do not include amounts for property taxes, property insurance and/or flood insurance; if applicable, the actual payment obligation will be higher. An escrow account may be required.
**For qualified low to moderate income homebuyers only, subject to credit approval. Receive up to a $500 discount toward closing costs, applied at closing. Interest Rate, APR and discount point are subject to change without notice and based on $350,000.00. Rates are based on single-family and condominium, owner occupied dwellings. Private Mortgage Insurance (PMI) is required on all loans with a loan-to-value ratio greater than 80%. There is a maximum loan amount of $766,550. Estimated payments do not include amounts for property taxes, property insurance, hazard insurance and/or flood insurance; if applicable, the actual payment obligation will be higher. An escrow account may be required.
