Open doors to new opportunities, at a great rate.
Rates as of 07/08/2025
All rates subject to change without notice.
All rates subject to change without notice.
Fixed Rate Mortgage Loans
*Principal and Interest (P&I) payment based on a $100,000 mortgage. P&I payment amounts do not include taxes and insurance, and as a result your payment obligation will be greater.
All Annual Percentage Rates (APRs) listed above assume a $100,000 mortgage, 20% down payment.
Rates may vary based upon your credit profile, property type, or loan to value (LTV) percentage.
Private Mortgage Insurance (PMI) required if the down payment is less than 20%.
Homeowners insurance and flood insurance (if applicable) are required.
Biweekly payment plans are not available at this time.
Condominiums: 90% Max LTV for Freddie Mac approved projects.
Adjustable-Rate Mortgages With 0 Points
Construction Mortgage Loans With 0 Points
*Principal and Interest (P&I) payment based on a $100,000 mortgage. P&I payment amounts do not include taxes and insurance, and as a result your payment obligation will be greater.
Construction Mortgage Loan APR's assume a $100,000 mortgage and a 20% down payment.
Rates may vary based upon your credit profile, property type, or Loan-to-Value (LTV) percentage.
Homeowner's Insurance and Flood Insurance (if applicable) are required.
Maximum loan to value (LTV) <80%.
Rates may vary based upon your credit profile, property type, or Loan-to-Value (LTV) percentage.
Homeowner's Insurance and Flood Insurance (if applicable) are required.
Maximum loan to value (LTV) <80%.
Jumbo Fixed Mortgage Loans With 0 Points
*Principal and Interest (P&I) payment based on a $100,000 mortgage. P&I payment amounts do not include taxes and insurance, and as a result your payment obligation will be greater.
Jumbo Fixed Rate Mortgage Loan APR's assume a $806,501.00. Mortgage, a 20% down payment and are for mortgage loans greater than $806,500.00.
Rates may vary based upon your credit profile, property type, or Loan-to-Value (LTV) percentage.
Homeowner's Insurance and Flood Insurance (if applicable) are required.
Maximum loan to value (LTV) <80%.
Rates may vary based upon your credit profile, property type, or Loan-to-Value (LTV) percentage.
Homeowner's Insurance and Flood Insurance (if applicable) are required.
Maximum loan to value (LTV) <80%.
Land Mortgage Loans With 0 Points
*Principal and Interest (P&I) payment based on a $100,000 mortgage. P&I payment amounts do not include taxes, and as a result your payment obligation will be greater.
The land must be a legal building lot.
The initial interest rate may be discounted until the first review period.
Land Mortgage Loan APR's assume a $100,000 mortgage and a 30% down payment.
Land Mortgage Loans use an index of 4.00.
The initial interest rate may be discounted until the first review period.
Land Mortgage Loan APR's assume a $100,000 mortgage and a 30% down payment.
Land Mortgage Loans use an index of 4.00.
CAP Structure: Initial Adjustment/Lifetime Adjustment - 2%/6%.
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Special Program Mortgage Loans
*Principal and Interest (P&I) payment based on a $100,000 mortgage. P&I payment amounts do not include taxes and insurance, and as a result your payment obligation will be greater.
Special Program Mortgage Loans APR's assume a $100,000 mortgage and a 20% down payment.
Special Program Mortgage Loan may have additional qualification requirements such as, but not limited to: First Time Homebuyer's only, income cap, down payment requirements or property type.
Homeowner's Insurance and Flood Insurance (if applicable) are required.
Condominiums: No financing available for Home Possible Advantage or USDA programs.
**Private Mortgage Insurance (PMI) is required for down payments less than 20%.
USDA Guarantee Fee is assessed and based on the loan amount; 1.00% for purchase and refinance transactions.
Special Program Mortgage Loan may have additional qualification requirements such as, but not limited to: First Time Homebuyer's only, income cap, down payment requirements or property type.
Homeowner's Insurance and Flood Insurance (if applicable) are required.
Condominiums: No financing available for Home Possible Advantage or USDA programs.
**Private Mortgage Insurance (PMI) is required for down payments less than 20%.
USDA Guarantee Fee is assessed and based on the loan amount; 1.00% for purchase and refinance transactions.
First Time Homebuyer (FTHB) Mortgage Loans
*Principal and Interest (P&I) payment based on a $100,000 mortgage. P&I payment amounts do not include taxes and insurance, and as a result your payment obligation will be greater.
First Time Homebuyer Mortgage Loans APR's assume a $100,000 mortgage and a 20% down payment.
Private Mortgage Insurance (PMI) required if the down payment is less than 20%. Homeowner's Insurance and Flood Insurance (if applicable) are required.
**FTHB 30-Year Fixed Rate loan offer 3% down payment on owner occupied 1-unit homes and Freddie Mac approved condominium projects, and 5% down payment on owner occupied 2-unit homes.
***FTHB Adjustable-Rate Mortgage loans offer 3% down payment on owner occupied 1-unit homes and 5% down payment on owner occupied 2-unit homes.
***CAP Structure: Initial Adjustment/Lifetime Adjustment - 2%/6% unless otherwise noted.
***The APR is subject to increase or decrease at the time of each adjustment.
***The initial interest rate may be discounted until the first review period.
***The margin on all ARM Loans is 2.75% unless otherwise noted.
***ARM Loans use an index of 4.00.
First Time Homebuyer Mortgage Incentives include: Lender credit toward closing costs; processing fee is waived; discounted interest rate.
***The margin on all ARM Loans is 2.75% unless otherwise noted.
***ARM Loans use an index of 4.00.
First Time Homebuyer Mortgage Incentives include: Lender credit toward closing costs; processing fee is waived; discounted interest rate.
Welcome Home Mortgage Loans
*Principal and Interest (P&I) payment based on a $100,000 mortgage. P&I payment amounts do not include taxes and insurance, and as a result your payment
obligation will be greater.
**The APR is subject to increase or decrease at the time of each adjustment.
**The initial interest rate may be discounted until the first review period.
**CAP Structure: Initial Adjustment/Lifetime Adjustment - 2%/6% unless otherwise noted.
**Margin on Welcome Home ARM listed above is 2.75%.
**Welcome Home ARM Loans use an index of 4.00.
Welcome Home loan Annual Percentage Rates (APRs) assume a $100,000 mortgage.
Homeowner's Insurance and Flood Insurance (if applicable) are required.
Welcome Home loans are only available for first-time homebuyers.
Subject property must be a owner-occupied single-family, two-family, or condominium located in one of the following cities in Massachusetts: Chicopee, Holyoke,
Springfield.
Welcome Home Mortgage Incentives include: Lender credit toward closing costs; processing fee is waived; Private Mortgage Insurance (PMI) is waived; discounted interest rate; up to 100% financing.
Contact Florence Bank for full details on additional Welcome Home product offerings based on specific criteria.
obligation will be greater.
**The APR is subject to increase or decrease at the time of each adjustment.
**The initial interest rate may be discounted until the first review period.
**CAP Structure: Initial Adjustment/Lifetime Adjustment - 2%/6% unless otherwise noted.
**Margin on Welcome Home ARM listed above is 2.75%.
**Welcome Home ARM Loans use an index of 4.00.
Welcome Home loan Annual Percentage Rates (APRs) assume a $100,000 mortgage.
Homeowner's Insurance and Flood Insurance (if applicable) are required.
Welcome Home loans are only available for first-time homebuyers.
Subject property must be a owner-occupied single-family, two-family, or condominium located in one of the following cities in Massachusetts: Chicopee, Holyoke,
Springfield.
Welcome Home Mortgage Incentives include: Lender credit toward closing costs; processing fee is waived; Private Mortgage Insurance (PMI) is waived; discounted interest rate; up to 100% financing.
Contact Florence Bank for full details on additional Welcome Home product offerings based on specific criteria.
