First Time Home Buyer, City/Town Employee & Mass Housing Programs

First Time Home Buyer Programs

At TSB we know how exciting and scary buying your first home can be. We work hard to make sure that you understand your options and walk away with financing that you can afford.

• Adjustable Rate programs
• No Points
• Up to 97% financing available
• No appraisal fee, no credit report fee, no application fee
• Reduced closing cost

Complimentary First Time Homebuyer Seminars

• Real Estate Broker
• Conveyance Attorney
• Home Inspector
• Insurance Agent
• Mortgage Officer

MassHousing Mortgage Programs

We are pleased to have a partnership with MassHousing to offer affordable home financing for low to moderate income families. MassHousing supports affordable housing opportunities across the Commonwealth and works with TSB to provide home ownership programs designed to help families find, finance and keep the home of their dreams.

• First time homebuyer and refinance options available
• Below market rate programs
• Maximum Financing: 
  • 97% for single family and condominium
  • 95% for a two, three and four family in which 3% must be own funds
• 30 year mortgages
• Unemployment Insurance with Mortgage Insurance Coverage 
• Zero and two point options
• Homebuyer counseling may be required

City/Town Employee Loan Program

We offer specially priced loan products for employees of Andover, Lynnfield, Melrose, Methuen, Middleton, North Reading, Reading, Saugus, Stoneham, Wakefield and Wilmington.  More

Request an appointment!

An experienced mortgage specialist will walk you through the steps, answer all of your questions, and simplify the application process, while helping you decided which options make the most sense for you. For more information please click here to request information, or call a mortgage specialist at (800) 246-2009.

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