Community Involvement

Linking the Bank with the Community

Helping to improve the quality of life in the community is both a privilege and responsibility that Winter Hill Bank takes seriously. Many Bank employees donate their time and expertise to civic clubs and organizations like Kiwanis, Rotary, and Lions, as well as local Chambers of Commerce. We also support a variety of government and private non-profit groups.

Homebuyer Training Seminars

The Bank, in conjunction with the City of Somerville Office of Housing provides financial literacy services including first-time homebuyer seminars. The seminars provide attendees with information and resources to educate, assist, encourage and empower first time homebuyers toward their goal of homeownership.

First-time Homebuyer programs

The Bank offers a variety of first mortgage programs for eligible first time homebuyers including:

In coordination with the Massachusetts Housing Partnership, the MHP OneMortgage program is a first-time homebuyer program for qualified low and moderate income eligible homebuyers seeking to acquire their primary residence in the Bank’s CRA area. The program offers below market fixed rate first mortgage financing with low down payment requirement, reduced closing costs and no private mortgage insurance expense.

Our proprietary “HomeStart” program for first time homebuyers which offers a below market first mortgage for the acquisition of 1-4 family primary residences.