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
Debt Consolidation
Home Renovations
Personal Loans

View our current rates on our Rate Page and Apply Today!

Construction Loans

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.

First Time Homebuyers Program

We offer a discounted fee program for those who qualify by attending a first time homebuyer seminar.

FHLB Equity Builder Program

Newburyport Bank understands the challenges the come with purchasing your first home – you may need a little help. We are proud to participate in the Federal Home Loan Bank of Boston’s Equity Builder Program (EBP). This program provides first time homebuyers up to $11,000 in down-payment and closing cost assistance. Buyers eligible to receive assistance through EBP are individuals and households earning no more than 80 percent of the area median income, based on the address of the property being purchased. Buyers must also complete a home-buyer counseling program. Eligible properties include single-family, one to four family homes and condominiums. The program is based on first come first served basis and may be subject to change without notice. Newburyport Five Cents will apply a $500 lender credit to each eligible application.

Fixed Rate Mortgages (FRM)/ Adjustable Rate Mortgages (ARM)

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.

Fixed Term Equity Loans

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.

Mass Save HEAT Loan

The Mass Save HEAT Loan Program is a home loan option for energy efficient improvements to your home. With a Mass Save HEAT Loan, you have the opportunity to apply for a 0% interest rate loan through Newburyport Five Cent Savings Bank and we make it easy for you. With 0% financing, making energy efficient improvements to your home is now affordable. Contact us today to see if you are eligible for a loan through the Mass Save HEAT Loan Program. These energy efficient home improvements can be eligible for the HEAT Loan Program:

  • Attic, Wall, and Basement Insulation
  • High Efficiency Heating Systems
  • Central Air Conditioning/ Air Source Heat Pumps
  • Ductless Mini Split Heat Pumps
  • High Efficiency Domestic Hot Water Systems
  • Solar Hot Water Systems
  • 7-Day Digital & Wi Fi Thermostats
  • ENERGY STAR® Qualified Replacement Windows
  • To qualify, applicants must undergo a Mass Save audit to verify their eligibility, but you can start the loan application process with Newburyport Bank anytime. To learn more about the Mass Save HEAT Loan Program and for a handy outline of steps to take, please visit the Mass Save website.


    VA Home Loans

    Newburyport Five Cents Savings Bank is proud to have established a partnership with the Veterans Administration to help active service members, Veterans and eligible family members. As part of our mission to serve our communities, we work with the VA administration to provide financing to help eligible service member and veterans buy, build, repair, retain, or adapt a home. The VA guarantees a portion of the loan, enabling Newburyport Bank to provide our service members and veterans with more favorable terms. This program allows for competitive interest rates often without requiring a down payment or private mortgage insurance. Cash Out Refinance loans allow borrowers to take cash out of their home equity to take care of concerns like paying off debt, funding school, or making home improvements. Newburyport Five Cents will apply a $500 lender credit to each eligible application.

    Home Equity Line of Credit (HELOC)

    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.

    Jumbo Loans

    A great option for those purchasing or refinancing loans above traditional loan limits.

    Personal and Auto Loans

    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.

    Passbook Loans

    You may secure this loan with your savings passbook or certificate of deposit account,

    Cash Reserve

    A convenient overdraft protection for your NOW Account gives you access to a previously established credit line.