Don’t let the lack of a sizeable down payment keep you from buying a home. This adjustable rate mortgage has been specially created to give those with less savings but good credit the chance to become homeowners.
5/1 and 7/1 ARM Plus
  • Up to $850,000 Loan Amount
    • with just 5% down and 680 Credit Score
    • 2 months PITI Reserves
  • Up to $1,000,000 Loan Amount
    • with 10% down and 720 Credit Score
    • 6 months PITI Reserves
  • Up to $1,500,000 Loan Amount
    • with 15% down and 740 Credit Score
    • 12 months PITI Reserves

15/1 ARM Plus
  • Up to $650,000 Loan Amount
    • with just 5% down and 720 Credit Score
    • 2 months PITI Reserves
  • Up to $850,000 Loan Amount
    • with 10% down and 720 Credit Score
    • 6 months PITI Reserves
  • Up to $1,000,000 Loan Amount
    • with 15% down and 720 Credit Score
    • 12 months PITI Reserves

Loan Features

  • 30 year amortization
  • Loan amounts up to $1,500,000 with less than 20% down
  • Designed for single family homes and condos

Let us help you get the home you want. At rates you can afford.
Apply now or visit a Mortgage Specialist at a branch near you.

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Annual Percentage Rate (APR) of 4.660% and an interest rate of 3.75% as of 2/22/19. The initial monthly payment on a 30-year $500,000 loan is $2,315.58 ($4.63 per $1,000.00 borrowed). After the initial 5 years, the principal and interest monthly payment is $2,665.82 The fully indexed rate of 5.125% is in effect for the remaining 25 years. APR of 4.564% and an interest rate of 3.875% as of 2/22/19. The initial monthly payment on a 30-year $500,000 loan is $2,351.19 ($4.70 per $1,000.00 borrowed). After the initial 7 years, the principal and interest monthly payment is $2,649.65 The fully indexed rate of 5.125% is in effect for the remaining 23 years. APR of 4.361% and an interest rate of 4.125% as of 2/22/19. The initial monthly payment on a 30-year $500,000 loan is $2,423.25 ($4.85 per $1,000.00 borrowed). After the initial 15 years, the principal and interest monthly payment is $2,590.06. The fully indexed rate of 5.125% is in effect for the remaining 15 years. The 15/1 Plus is open to conforming loan sizes. The rate is variable and subject to change annually. The rate at the time of adjustment is based on the 1-year WSJ Libor index plus a margin of 2.25%. Current index is 2.889%. Payment does not include taxes and insurance escrows; actual payment will be greater. Homeowners insurance required and flood insurance where necessary. Property must be primary residence. Available on loans over $484,350 for residences located in MA or southern NH. Rates subject to change. NMLS# 198524.