NB Residential Mortgages
Needham Bank is the quintessential community bank. A big part of any community are the home owners that reside in it. At Needham Bank, we know this, which is why we have a variety of residential loan products to cover just about every residential purchase or project.
Whether you are looking to finance your first home purchase, or want to refinance or add on to your home, we want your loan!
Let our personal bankers cut through the red tape and make your financing experience quick and easy. Schedule a call with one of them and get started on that home ownership dream today!
Interested in buying land and building your dream home? The NB Construction-to-Permanent Mortgage allows you to do it with maximum convenience.
During the construction period (typically 12 months or less), the Bank works with you to advance construction funds to the builder or contractor. You pay interest only on the amount drawn.
When the home is complete, the loan automatically converts to a conventional home mortgage with monthly payments of principal, interest, and real estate taxes.
Because you only have one loan closing you save time and money.
For more information, or to apply, please contact one of our construction loan experts.
Please contact your Loan Officer for rates and specific terms and conditions.
- The interest rate scenarios above assume the following criteria: purchase of a single family home and a 20% down payment.
- Payments do not include taxes and insurance premiums and your actual payment amount may be greater.
- Rates subject to change without notice.
Not only can Needham Bank’s financing help you build your next project, we can help you sell it by offering your potential buyers special financing options, such as:
- Lower mortgage rates
- Fast track financing
- The security of knowing Needham Bank will service their loan for its entire term.
Schedule a call with one of our Residential Lenders to learn more about our NB Builder-to-Buyer program today!
An NB Fixed Rate Mortgage provides you with the security of knowing that your interest rate and loan payment will not change during the life of the loan.
NB Fixed Rate Mortgages are ideal for anyone wanting security and peace-of-mind.
- Interest rate stays the same for the life of the loan.
- Level monthly payments.
- Choice of repayment period.
- Competitive rates.
- Available for the purchase or refinance of 1 to 4 family residences.
Schedule a call with one of our Residential Lenders to find out more about financing your new home today!
You've found your dream home, and you love the community it's in.
Whether you're looking to buy a $2,000,000 home, or a $10,000,000 home, NB Jumbo Mortgages offer a variety of terms and competitive rates to make that dream home a reality!
Schedule a call with one of our Residential Loan Officers and get started on your financing today!
Sometimes, it's a priority to get your monthly payment as low as possible in the early years of the loan.
NB Adjustable Rate Mortgages will do that for you by offering an initial lower interest rate than a fixed rate option.
Choose from our various adjustment periods, with lifetime caps that are competitive with the industry.
And always, we work to make your loan experience quick and easy.
Schedule a call with one of our Residential Loan Officers to find out more about financing your new home today!
Welcome to Needham Bank!
Please call for rates on non-owner occupied properties.
Needham Bank's NB First Time Home Buyer Program makes it as it as easy as possible for you to buy your first home.
Our Residential Loan team is here to help you with every step of the loan process. Need a free pre-qualification so you can jump on your dream home as soon as you find it? No problem. Want help crunching the numbers to see how much you can afford? You got it. Have questions about a particular community or town? Just ask.
Let Needham Bank help you make informed financial decisions about your future.
Welcome to Needham Bank!
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