Rate Lock Guarantee

6.000  % Rate

6.111  % APR

30-Year Fixed-Rate*

Our rate lock is the key to saving home buyers money.

At Florence Bank, we put out the welcome mat for home buyers. With our exclusive 120-day rate lock guarantee,** your low rate is locked in, leaving you more time to focus on finding just the right house.

* Annual Percentage Rate (APR) advertised with 0 points and first lien on a qualifying 1-4 family owner-occupied residence located in MA; maximum loan amount $647,200, loan to value ratio (LTV) of 95% or less, Private Mortgage Insurance (PMI) required if the LTV is more than 80%, and a minimum credit score of 680.  Rates and fees may vary based upon your credit profile, property type, and/or LTV.  Account subject to credit approval. Rates current as of 07/21/2022  and are subject to change. Homeowners’ (and flood if applicable) insurance is required.  Repayment example: $6.00 per $1,000 borrowed for 360 months.  Payments do not include amounts for taxes and insurance, the actual payment will be greater.

** Subject to credit approval, pre-approval with 120 day rate lock on a qualifying primary, single family, owner occupied residence located in MA only. To guarantee 120 day rate lock, a qualifying property must be identified and mortgage application submitted by the 75th calendar day from the date of the rate lock agreement. Only available on certain mortgage products. Contact for more details.

Strengthen your offer. Protect your rate.
House shop with confidence.

120-day rate lock guarantee**

We’ll lock in your interest rate for 120 calendar days at no cost at the time of your pre-approval application. If interest rates decrease during this time, we will reset your rate at no cost to you.

Mortgage specialists in every branch

Our in-house mortgage originators guide the process with fast turnaround times. You’ll enjoy easy access for all your mortgage needs.

Personalized one-to-one service

Together, we’ll help you find the most beneficial and appropriate mortgage with the right combination of terms and features to meet your individual needs.

A trusted partner

Our mortgage specialists don’t work on commission, they work in your best interest. We pride ourselves in being your mortgage partner, not just another bank.

Great mortgages reside here.

Fixed Rate Mortgages

You find the home. We’ll make it easy to finance with a fixed interest rate that’s guaranteed for the term of the mortgage. Go ahead. Start planning your budget and stop worrying about your rate increasing. 

Adjustable Rate Mortgages

Our adjustable rate mortgage can give you a hand with financing your home by offering you greater buying power. Low introductory rates provide savings at the start of the loan when you may really need it.

Home Equity Line of Credit

Borrow money to renovate your home, buy a car, pay tuition or consolidate debt. With this revolving line of credit you get competitive rates, flexible repayment options, and money when you need it.

Home Equity Loans

With a Fixed Rate Home Equity Loan, your payments are fixed for the life of your loan. This is great for large purchases or debt consolidation with the peace of mind of knowing exactly what your monthly payments will be.

View Mortgage Rates

Contact us for pre-approval