Skip to main content

Hometown Mortgage

At Hometown Mortgage, we help potential borrowers like you unlock the right home financing solution for your unique needs.

As a division of bankESB, a Hometown Financial Group company that also includes bankHometown and Abington Bank, we’ll leverage our combined strength coupled with shared services and technology to work with homebuyers across Massachusetts, Connecticut, and neighboring states to make homebuying simple and stress-free.

At the same time, our commitment to community banking and local roots mean we can focus on the unique needs of those who live and work in the communities we serve.

See what the power of Hometown Mortgage can do!

Hometown Mortgage is a division of bankESB, a Hometown Financial Group company that also includes bankHometown and Abington Bank.  For more information, visit

Find a Lender

We’re not just lenders, we’re listeners. Our experienced lending professionals are dedicated to helping you unlock your potential by making homebuying straightforward and stress-free.

You can also request an appointment online to meet with a Mortgage Lender at the office location nearest you.

Request an Appointment

Mortgage Loan Programs

Unlock your potential with the right financing for you. We know borrowing money can be stressful, so bankHometown makes it easy to compare terms and find a loan that helps make the homebuying process simple and stress-free.

Fixed-Rate Mortgages

If you're a prospective homebuyer who would be more comfortable with a set monthly payment for the term of your loan, lock in a fixed rate for your home financing.

  • Consistent mortgage payments
  • Flexible terms
  • Zero point options available

Adjustable-Rate Mortgages

An adjustable-rate mortgage (ARM) usually starts at a lower rate than a fixed-rate loan, which translates to a lower payment for greater purchasing power. This introductory fixed-rate period is then followed by rate fluctuations based on a predetermined margin and a defined index. Interest rate changes are limited, or capped, at each adjustment and for the life of the loan. 

  • Start with lower payments that will adjust to market conditions at a future specified date
  • Periodic and lifetime caps are provided to protect you from market fluctuations
  • Zero-point options available

Construction Loans

Building a new home or renovating an existing one? We’ll help you from start to finish. Our construction loan offers special benefits, flexible terms, and competitive interest rates that help make your payments affordable—both while you’re building or renovating and after you move in. Upon completion of construction or renovation, the loan will convert to a fully amortizing mortgage—without the need for a second closing.

  • One closing
  • Fixed or adjustable rates
  • Zero point options available

Flexible Mortgage Programs

Homeownership is part of the American dream. Hometown Mortgage offers a variety of programs to help make the path to home ownership possible, with lower down payment options for qualified applicants. These programs also may offer flexible underwriting criteria through the credit enhancement of mortgage insurance.


First-Time Homebuyer Program

Buying your first home is a big step. Let us work with you to help make your homebuying plans a reality. We can help you explore your options to find the financing solution that works for you. What’s more, as a first-time homebuyer, you may qualify for advantages like these:

  • Reduced closing costs
  • Low down payment
  • Zero-point options available
  • Zero down payment options available in some markets
  • Available for 1- to 4-family homes and condos

FHA Loans

Backed by the Department of Housing and Urban Development (HUD), FHA loans offer lower down payment options and also have more flexibility when it comes to credit and income underwriting guidelines.

  • No income restrictions
  • Lower down payments, with grants or down payment assistance programs available
  • Available for 1- to 4-family, owner-occupied homes

USDA Loans

If your new home is in a qualifying rural area, consider a loan backed by the United States Department of Agriculture (USDA).

  • Low or no down payment, which may allow for financing of up to 100% of the purchase price*
  • Available for single-family, owner-occupied homes and condos

*Income limits apply.

VA Loans

Backed by the Veterans Administration (VA), these loans are just for eligible active-duty service members, veterans, and their eligible surviving spouses.

  • No down payment, which allows for financing of up to 100% of the purchase price
  • Borrower’s eligibility varies based on income and length of service
  • No monthly mortgage insurance premium
  • Available for owner-occupied homes and can be used for purchase or refinancing including cash-out

MassHousing Loans

Designed to help low- and moderate-income borrowers in Massachusetts including first-time homebuyers.

  • Lower down payments, with grants or down payment assistance programs available*
  • Discounted monthly mortgage insurance premiums
  • Job loss protection at no additional cost
  • A home renovation feature is included with most programs, with no effect on rate or mortgage insurance premiums
  • Available for owner-occupied, 1- to 4-family homes and condos


*Subject to MassHousing Mortgage Guidelines. Income limits and down payment assistance vary by community.

Renovation Loans

Looking to access funds to both purchase and renovate a property in need of repair? We offer a variety of products that help borrowers do just that, with loans that are based on the “after improved value” and have a lower down payment. Ask us about the FHA 203(k) Loan or the HomeReady and HomeStyle Renovation Loans available from Fannie Mae or Freddie Mac. Some MassHousing loans also offer a renovation option.

Equity Builder Program/Housing Our Workforce Program

bankHometown is participating in the 2023 Federal Home Loan Bank of Boston’s Equity Builder Program (EBP) and Housing Our Workforce (HOW) programs. These programs provide grants through approved lenders that assist qualified applicants with certain costs associated with buying a home.

Couple showing keys to home

First-time homebuyer?

Buying your first home is a big step. Let us work with you to help make your homebuying plans a reality. 

Find a Lender