We’ve been helping community members get into their first homes for decades. Let us help you.



You may be eligible to receive up to $30,806* in down payment and closing cost assistance with the Federal Home Loan Bank (FHLB) Equity Builder Program.


Turn your dreams into reality.

CSB can help with down payment assistance programs, competitive interest rates, and a variety of mortgage terms and types.

Get a free pre-qualification.

Before you start your house hunt, you should know what you can afford. That’s why we offer free pre-qualifications. This gives you an estimate of how much you can borrow and what your monthly payments will look like — so you can make an offer with confidence.

Work with local mortgage lenders.

Our mortgage lenders know your real estate market. Because they call Massachusetts home too. That means you’ll get a decision as fast as any online-only lender with expertise that can’t be beat. And you can rest assured with one-on-one guidance throughout the application process.

First Time Home Buyers

Contact one of our Mortgage Lenders directly to discuss your options and what may best fit your needs.

CSB First-Time Homebuyer Program

We love helping our neighbors become homeowners. That’s why we offer exclusive benefits to first-time homebuyers — starting with competitive mortgage rates. Get a $5001 credit toward closing costs. The fixed rate and payment allow for easier budgeting. This loan option can also be used in conjunction with the FHLB Equity Builder* or Housing our Workforce** grant programs and is eligible for our Safeguard Mortgage2 - if rates go down, you can easily modify your mortgage rate - and lower your monthly payment. Up to 95% loan to value available on 2-4 family units.

FHLB Equity Builder Program*

The Equity Builder program provides income-eligible first-time homebuyers with up to $30,806* that can be used towards their down payment and closing costs. This may give you an extra boost to help achieve your dreams of homeownership.

The property must be your primary residence and you have to contribute a minimum of $500 of your own downpayment funds. You must also meet local income guidelines with a maximum household income not exceeding 80% of the area median income for the town where you are buying (adjusted for household size) and complete a first-time homebuyer education/counseling program through a FHLB approved homebuyer counseling organization.

This program is available to first-time homebuyers on a first-come, first-served basis.

Housing Our Workforce (HOW)**

HOW helps local homebuyers earning above 80% and up to 120% of the area median income with down-payment assistance grants on owner-occupied primary residences. Eligible borrowers may be able to receive 10% of the purchase price or up to $25,000 (lesser of the two). This allows a greater number of working individuals and families to be able to afford purchasing a home.

You are required to contribute at least 1.5% of the purchase price and if you are a first-time homebuyer you must attend an education/counseling program through a Federal Home Loan Bank (FHLB) approved homebuyer counseling organization.

Massachusetts Housing Partnership (MHP) One Mortgage

ONE Mortgage offers you the comfort of knowing your mortgage is financially sustainable. The One Mortgage program offers financial assistance for eligible buyers, has a low, fixed interest rate, and requires no Private Mortgage Insurance (PMI). You must be a first-time homebuyer and complete a homebuyer education class. Visit the MHP website for full details and to see if you are eligible for the program. 

Fannie Mae HomeReady Program

HomeReady is a Fannie Mae program designed for creditworthy borrowers earning 80 percent or less of the area median income. The program requires as little as 3% down and lower mortgage insurance requirements. You must attend an approved homebuyer education/counseling program.First Time Home Buyer Programs – yep we’ve got them for you! 


How do I apply for a mortgage loan? 

To apply for a Massachusetts mortgage loan, you can begin with our easy online application. The application has a series of questions about personal finances, your debt  and your future home. You can complete the application in one sitting or save your progress and finish it later. 

Or, if you prefer, you can come into one of our convenient branch locations and work with a Relationship Banker to fill out the application.

Once you've submitted your application you’ll receive a confirmation response. However, because every application is unique, approval times may vary. We will reach out with any additional questions if we need more information about your financial situation or if we need additional information on your application. 

If you are curious about a pending application, check your loan status online or give us a call.

How do I choose the mortgage program that is best for me?

Contact one of our Mortgage Lenders directly to discuss your options and what may best fit your needs.

Will my application be saved online if I get interrupted and do not finish or need to get additional information to complete my application? 

Yes, all information will be saved once you start an application, so you can complete it when it's most convenient for you!

What information do I need to submit an application?

Before you begin an application, we need to confirm your identity. We ask for your name, date of birth, address and contact information. The rest of our questions focus on your property details, desired loan and financial information.

The most important information you need for home mortgage loan is a verified source of income, such as a W-2 or a bank statement. Reach out if you need help submitting your application by calling 978-365-3700 or stop by a branch.

What are the requirements to get a home mortgage loan from Clinton Savings Bank? 

At Clinton Savings Bank, we make the online application process easy for you to apply for your home mortgage in Massachusetts. Our mortgage loan application determines your eligibility based on income, debt, assets and property information.  

What are the interest rates, and how are they determined? 

Our competitive mortgage interest rates include fixed-rate and adjustable-rate plans. Mortgage rates in Massachusetts change based on various factors, including inflation, the Federal Reserve financial index and Fannie Mae. 

Can I pay off my mortgage early? 

You can pay off a mortgage loan before the intended completion date. Please contact our team at 978-365-3700 or [email protected] to discuss prepayment. 

Do I need to get a home appraisal in order to get a home mortgage loan? 

You need a home appraisal before officially closing on your mortgage loan. An appraisal helps us evaluate the loan details alongside the property's objective worth. A loan pre-qualification application does not require an appraisal. 

How does my credit rating affect my interest rate? 

Your credit score is a necessary part of your loan application. We use credit ratings to help us determine the potential risk of outstanding payments.  

Does Clinton Savings Bank offer refinance options? 

Yes, you can apply online to refinance your current mortgage. On the second screen of the online application select "Refinance My Mortgage" or "Refinance with Cash Out" based on your needs. The online application will guide you through the rest of the process to see if you're eligible to refinance your mortgage in Massachusetts. Or, simply call 978-365-3700 or contact one of our Mortgage Lenders directly. 

Please note that all mortgage loans are subject to income and credit approval. Other restrictions may apply. All applicants are subject to complete underwriting based on program guidelines.

*The funds are from a pool of monies provided by the Federal Home Loan Bank (FHLB) and are available on a first-come, first-served basis. Funds are not guaranteed. Restrictions may apply. Subject to credit approval.

**Subject to credit approval. Must have individual or household income more than 80% up to 120% of the HUD median income based on future address to qualify. Must be primary residence. Homebuyer(s) must contribute minimum 1.5% of own funds. For 2024, maximum grant is 10% of the sales price or up to $25,000 (lesser of the two). Funds are from a pool of monies provided by FHLB and are available on a first-come, first-served basis. A portion of the grant may need to be repaid if you sell your home within the first five years. Funds are not guaranteed. Restrictions may apply.

1Clinton Savings Bank FTHB portfolio mortgage customers only. Credit will be applied to offset closing costs. Credit cannot be combined with any other offers. Other restrictions may apply. All applicants are subject to complete underwriting based on program guidelines. Offer may be withdrawn at any time. Equity Builder, FHA, MHP, MHFA and VA programs are ineligible for the credit.

2Effective for mortgage applications submitted beginning January 30, 2023. Clinton Savings Bank 30 year fixed rate portfolio mortgages only. Property must be a 1-4 family, owner-occupied residence. All applicants are subject to complete underwriting based on program guidelines. Mortgage and Note can be modified once during the first 60 months from the date of closing. At time of modification, mortgage payments must be current and payment history must be free from any delinquencies. Modification fee is $250.00 and will be collected at the signing of the modification agreement. Payment at modified interest rate will be based on the remaining outstanding principal balance and term at the time of modification. Tax implications may apply. Other restrictions may apply. Offer may be withdrawn at any time.