ONE Mortgage Program

Limited availability fixed rate mortgage program for qualified first time homebuyers featuring:

• Reduced fixed interest rate with no prepayment penalty
• No points and reduced closing costs
• Low down payment
• No mortgage insurance
• Available for 1-3 family owner occupied properties, including eligible owner occupied condominium units
• Eligible borrowers may qualify for a no-cost interest subsidy

Program restrictions:

• Income limitations apply based on property location and household size.
• Property must be subject to deed restrictions [based on income] and located within the Bank’s CRA market
• Household members cannot have owned any real estate in the past three years
• All borrowers/owners must own & occupy the property for the duration of the mortgage

For more information or to see if you qualify, please contact either:

Rich Vernet
Vice President / Loan Origination
NMLS # 486312
Direct Line 617-629-3330

Contact Rich V.

Peter Majane
VP / Business Development Services
NMLS # 486311
Direct Line 617-629-3333

Contact Peter M.