Newburyport Bank is happy to help you into a new home with an affordable loan, line of credit, or a more comfortable mortgage.
Our customers feel good about their mortgages, and at home in our bank. Mortgages and loans are major decisions, and we simply want to make it a positive experience.
|What You Are Doing||Financing Options|
|Building a Home|
To keep costs down, we offer a one-time closing construction loan. Interest only payments during the construction phase, then your mortgage is converted into an amortizing mortgage without the hassle or cost of refinancing.
We offer a discounted fee program for those who qualify by attending a first time homebuyer.
Whether you are looking for a fixed rate mortgage where the rate remains constant for the duration of the loan, or an adjustable rate mortgage, which can offer lower and affordable payments for shorter terms, a residential loan officer can help you determine which will best fit your financial needs.
A fixed rate equity loan with fixed monthly payments for a specific term, is an ideal way to finance purchases requiring large initial cash outlay or to consolidate debt.
For a ten year period you can borrow funds whenever you need them, for whatever purpose, simply by writing a check against a predetermined credit amount. Subject to certain limits, your minimum monthly payment will be interest only based on your outstanding loan balance. Any principal you repay can be re-borrowed at a later date.
A great option for those purchasing or refinancing loans above traditional loan limits.
Whatever your needs may be: appliances, furniture, or cars, we’ll tailor the loan to fit your requirements and match the terms to your ability to repay.
You may secure this loan with your savings passbook or certificate of deposit account,
A convenient overdraft protection for your NOW Account gives you access to a previously established credit line.