Fixed Rate Mortgages
Our fixed rate mortgages are ideal for home buyers looking for the same monthly payment throughout the life of the loan.
Adjustable Rate Mortgages
Our adjustable rate mortgages offer great rates with the flexibility you need for the future. These products are ideal for the customer who understands what they need in a mortgage.
First Time Homebuyers Program
Our competitive first-time home buyers program offers affordable financing for buyers looking to purchase in Norfolk, Plymouth, Bristol, Barnstable, Suffolk and Essex Counties. Qualified applicants receive a 1/8% discount on our standard 5/1 adjustable rate and are not required to obtain mortgage insurance with as little as 10% down. Buyers can be at ease knowing their loan will be serviced by Avon Co-operative Bank for the entire life of the loan; it will not be sold.
Avon Co-operative Bank is an approved lender of the Massachusetts Housing Finance Agency. Through this partnership, we can offer sound, affordable financing programs for low- and moderate-income homebuyers. In addition, the programs feature low down-payment options and fixed rate financing. Also, for those requiring mortgage insurance, Mass Housing offers coverage that has mortgage payment protection covering borrowers in the event they become unemployed.
Access to these programs is based on specific income limits set for the city/town in which you wish to purchase a home. To find out more about the programs we participate in, please contact our loan department at 508.586.1355 or inquire at email@example.com.
Home Equity Loans
Looking to borrow a specific amount with a fixed monthly payment? Look no further. Our Fixed Rate Home Equity Loan allows you to secure a fixed rate loan using the equity in your home. Qualified borrowers can borrow as little as $5,000 or up to a maximum of $200,000.
Home Equity Lines
Want financing availability simply by writing a check? No problem. With a Home Equity Line of Credit, you can access a pre-approved amount by writing a check or making a withdrawal. Your monthly payment is based on an adjustable rate that applies only to the funds you have used. Qualified borrowers can borrow as little as $5,000 or up to a maximum of $200,000.
Want to get started? Contact us by calling (508) 586-1355, emailing us at firstname.lastname@example.org, or stop by!