There's nothing like the feeling of owning your own home. At Northern Home Loans, we get that. That's why we do everything we can to make the process of financing or refinancing your home as simple and straightforward as possible. Our seasoned mortgage specialists are here to provide the personalized service you deserve with the creative mortgage solutions and fast, easy closing you need to be successful in today's challenging market.
The right financing solutions for all your homeownership goals.
Find your dream home.
Upsizing, downsizing, or just starting out? Wherever you are in life and whatever type of home mortgage you need, Northern Home Loans can help you find the right solution. We provide a variety of mortgage types to meet your unique goals.
If you plan to stay in your new home for the long term or prefer the certainty of monthly payments that won't change during the life of the loan, a fixed rate mortgage may be the best option for you.
Constant interest rate for the life of the loan
Variable term options
Consistent payment amount makes budgeting easy for homeowners
ADJUSTABLE RATE MORTGAGE (ARM)
If your priority is minimizing your monthly payment or you plan to move or refinance within five years, an ARM may be the best option for you.
Interest rate fluctuates over the course of the loan
Initial interest rate is set below the market rate on a comparable fixed rate loan
The rate rises (or possibly lowers) as time goes on
If you need a mortgage greater than $484,350, you may need to look at a Jumbo Loan. Jumbo mortgages are similar to regular fixed or adjustable rate mortgages, but may have:
Slightly different interest rates
Different requirements in terms of down payments
Different requirements in terms of qualifying credit scores
SPECIAL SITUATION MORTGAGES
Thanks to Northern Home Loan's ability to hold mortgages in our portfolio, we can often be more flexible than many other lenders when parts of your application don't fit the standard industry criteria. Non-traditional situations we can consider include:
Non-Conforming Condominium Financing
Trust and LLC mortgages
Vacation and Seasonal Property mortgages
It takes a team.
My loan officer, Donna, at Northern Bank was always available for questions via text, phone calls, emails, whenever I needed her, she was so responsive. There were times when I didn’t know what a certain number meant or why I was signing a document and she walked me through everything. I felt much more comfortable knowing she was behind the scenes reviewing all the mortgage paperwork.
First Time Homebuyer
Ready to take the next step? We’re here tohelp!
Contact our Team to learn more about how Northern Bank can help you realize your goals anddreams.
Northern Home Loans, LLC, NMLS #: 2353898; NH Mortgage Banker License #24918-MB; ME Supervised Lender License #NLC2991066; Rhode Island Lender License # 20234538LL. Northern Home Loans, LLC is a subsidiary of Northern Bank & Trust Company (NMLS #: 472275). Visit NMLS Consumer Access at www.nmlsconsumeraccess.org for more information.