Mortgages
With all of our mortgage loan programs, we
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Offer pre-approvals for your new home purchase
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We retain the servicing on all of our mortgages
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Adequate house insurance is required to be maintained as a condition of the loan
Fixed Rate Conventional
Buying a vacation home? Purchasing or refinancing a one-to-four family owner-occupied property? We’ll work with you to tailor the perfect loan rates to fit your budget, all with low closing costs to help you close in on your dream home.
Fixed Rate Jumbo
We have some of the lowest jumbo mortgage loan rates around! Our jumbo mortgages are available for any purchase or refinance of a one-to-four family owner-occupied residence, including vacation homes.
Adjustable Rate Mortgage (ARM)
To allow you flexibility, we offer several adjustable rate mortgage loans for you to choose. Adjustable rate mortgage loans often have starting rates significantly below a fixed rate loan, allowing you to borrow more. All adjustable rate loans rates are subject to change, so we offer various lock-in periods to suit your needs.
First Time Home Buyer
Buying a home for the first time can be overwhelming, that’s why we’re here to help. We offer a lower cost rate mortgage program for first time home buyers, with the option to select from either fixed or variable rate loan programs. Ensure you have the necessary finances before shopping around, and get pre-approved to find the best offer for you.
Construction/Permanent
Trying to build your dream home from the ground up? With our Construction/Permanent mortgage loan program, you have only one closing, and one set of closing costs. Have up to nine months to build your home, and after completion, it will convert into the permanent mortgage loan of your choice.
Interested in finding the perfect mortgage loan for you?
Equity Loans
Whatever your needs might be, our Home Equity loans give you access to a line of credit and flexible payment options for your financing needs, helping you achieve your goals while giving you peace of mind with affordable, fixed rates. Adequate house insurance is required to be maintained as a condition of the loan. Check out our current rates for other important terms.
FAQs:
What types of home loans does Wrentham Cooperative Bank offer?
Wrentham Cooperative Bank offers a variety of home loan options, including fixed rate conventional loans, jumbo loans, first-time homebuyer programs, construction-to-permanent loans, and home equity loans. These options are available for both home purchases and refinancing needs.
What is the difference between a mortgage and a home equity loan?
A mortgage is used to purchase or refinance a home, while a home equity loan allows you to borrow against the value you’ve built in your home. Both are secured by your property, but they are typically used for different financial needs.
Does Wrentham Cooperative Bank offer pre-approvals for home loans?
Yes, pre-approvals are available for home purchases. Getting pre-approved can help you better understand your budget and be more prepared when making an offer on a home.
Will my loan be serviced locally after closing?
Wrentham Cooperative Bank retains the servicing on its mortgage loans. This means you’ll continue working directly with the bank for payments, questions, and ongoing support.
What should I consider before choosing a home loan?
Choosing a home loan depends on your financial goals, timeline, and how you plan to use the property. Factors such as loan type, available equity, and loan term may all play a role. A member of our lending team can help you review your options and make an informed decision.
16TH STREET BRANCH |
Phone: 1-415-826-3627 |
Business Hours |
Mon - Fri 9:00am - 5:00pm |
Holiday Hours |
President's Day - Monday, Feb 17th - Closed |
