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We Make It Easier To Buy, Build,
or Refinance A Home


At North Brookfield Savings Bank we treat every mortgage as a 'custom' loan. We understand that, as your hopes and plans are unique to you, you will require a mortgage that is unique to you as well.

So whether you're purchasing your very first home, thinking about refinancing your current home, or looking to build your dream home, we have the mortgage you need, right here.

• Fixed Rate Mortgage
This traditional mortgage offers you 'Peace of Mind' with fixed monthly payments for the entire life of the loan. It's easy to budget for this type of loan because your payment will always be the same. Terms are available for up to 30 years. You also have the option to pay 'points' to buy down your interest rate.

• Adjustable Rate Mortgage (ARM)
As the name suggests - the interest rate will adjust after a fixed period of time, for the life of the loan.This product is ideal for the borrower that is purchasing a 'starter' home; is planning on moving in a few years; or someone who feels that the interest rates will be dropping in the near future.

We offer the following Adjustable Rate Mortgages:
o 1-year ARM , which the rate adjusts annually:
o 3/1 ARM, which offers a fixed rate for the first three years, then adjusts every year thereafter:
o 5/1 ARM, which offers a fixed rate for the first five years, then adjusts every year thereafter.
• Partnership Options
We are able to offer a number of options through our affiliation with other organizations including but not limited to MassHousing and USDA. They are available to eligible first-time homebuyers and current homeowners for the purchase or refinance of a home with little money down (some restrictions may apply). To see if you qualify for any of our partnership products, contact one of our qualified lending professionals.

• Construction Loans
At North Brookfield Savings Bank we understand that the construction process can be stressful enough that you shouldn't need to worry about the financing. That's why we offer one of the best construction packages on the market. Your monthly payments will be interest-only during the construction period (typically six months ) and are based only on the amount advanced during each month. Once your house is complete, your loan converts automatically into a conventional mortgage. There is no separate closing.

• Land Loans
Have you found the perfect lot of land and just haven't decided on the perfect house to build on it? Then consider a land loan to purchase the lot and take your time with the decision on the house.

You can borrow up to 60% of the sales price (or appraised value, whichever is less), for a term of up to ten years. When you're ready to begin construction, we'll roll the balance of your loan into your new construction loan.

For more information on this about this product, or any of our other mortgage products, please contact one of our qualified loan professionals at 508-867-1302 (Toll Free: 866-711-6272) or visit one of our convenient locations.

Apply Online!

National Mortgage Licensing System and Registry

North Brookfield Savings Bank's National Mortgage Licensing System unique identifier is 641656.

Stephen M. Quink
NMLS ID # 648827

Donna M. Tiso
NMLS ID # 648826

Donna L. Boulanger
NMLS ID # 725845

Pamela A. Patenaude
NMLS ID # 719008

Deborah A. Paulhus
NMLS ID # 863508

Lillian M. Carlson
NMLS ID # 862225