First Time Home Buyer Program
Bristol County Savings Bank has many ways to welcome you to home ownership.
Our First Time Homebuyer’s Mortgage will get you off to a great start by making it easy and less costly to get into the house that’s right for you.
- Adjustable Rate & Fixed Rate Products Available
- Reduced interest rate
- Financing up to 97% on single family
- No PMI with 10% down payment*
- Loan limits up to $533,850
- 60 day Rate Lock, with one time float down
- Available to Municipal Employees, regardless of previous ownership
Getting pre-approved for your mortgage can give you an advantage when you are looking to buy a new home. You’ll know how much home you can afford, and the seller will know you are a qualified buyer.
You can complete the application from the comfort of your home. Click the Apply Now button below and provide us with the required information. We will respond quickly to let you know if you are pre-approved.
Products listed are for first time home buyers with no home ownership in the past 3 years or municipal employees. First-lien purchase-money mortgages on owner-occupied primary single or two family properties and condos meeting Fannie Mae guidelines only located in Massachusetts or Rhode Island. Other restrictions may apply. *10% down, no Private Mortgage Insurance (PMI) option available on properties located in a stable or increasing value markets; 15% down, no PMI in declining value markets, as evidenced by a Residential Appraisal Report. Please see a Bristol County Savings Bank Mortgage Consultant for full details on these and other programs offered. This is not a commitment for financing. Please call to inquire about current rates and terms. Limited time offer. Subject to change without notice.