Residential Mortgages

Buy your dream house and turn it into the perfect home, all while keeping up with your financial health and life plans.

Benefits & Features

Comparison checkmark

Flexible options

Choose from a variety of fixed- and variable-rate mortgages to leverage your home equity, fund a residential project, or cover your home purchase.

Comparison checkmark

Competitive rates

Get great rates that will help you fund your dream home while maintaining financial stability. See current residential loan rates

Comparison checkmark

Special financing available

Explore special financing options that will open the door to your home no matter what your financial circumstances are.

Comparison checkmark

Dedicated mortgage expert

Partner with a dedicated lender who will help make this process smooth and stress-free with expert guidance every step of the way.

Have you already applied?

Check the status of your application now.

Discover a first-time home buyer program that will help you navigate your journey home.

Let us help you turn your full build or renovation project into reality.

Enjoy the comfort of consistency as you pursue your dream home with a fixed-rate mortgage.

Tap into your home’s equity with a HELOC to provide funding for what matters most to you.

Take control over financing a home by choosing an adjustment period that’s right for you.

When it comes to your dream home, you deserve to dream big. Let us help open up your possibilities.

Keep your monthly payments low with a 40-year mortgage to make owning a home easier than ever.

Discover personalized lending solutions with flexible terms to support your unique circumstances.

Achieve your dream of homeownership regardless of your circumstances, the way every family deserves.

Purchase a home and start building equity fast even if you haven’t saved enough for a down payment.

the Bennett family

Serving Our Clients

“Needham Bank is a great organization with great people. They are exactly what everyone wants and needs when they’re looking to buy a house or make a big purchase.”

Frequently Asked Questions

A residential mortgage is a loan you take to buy, renovate, or refinance a house. You can partner with a trusted financial institution like Needham Bank (hi, that’s us!) to find rates and terms that work for your needs.

The most common residential loan is the 30-year fixed-rate mortgage. It’s popular for its predictability and long-term stability, which can help many types of home buyers achieve their dreams of homeownership without sacrificing financial health.

Like matching pairs of shoes, residential loans are for residential properties only. You’ll need a commercial loan for a commercial property. The good news? We can help with commercial real estate loans, too!

You certainly can have two or even more residential loans at the same time. Taking out multiple mortgages provides an option for those looking to buy second homes, vacation homes, or other reasons. However, qualifying for multiple residential mortgages can depend on factors like how you’re using the properties and your ability to repay the loans.

The Home You Imagine Is Within Reach

Get started with our quick and easy application process.

Business Online and Mobile Banking Users: A new and improved digital banking experience is coming soon! Click here to learn more.