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Refinancing

Restructure your mortgage to get ahead financially.

Are you looking to lower your interest rate or pay off your home faster? Refinancing your mortgage with BankFive could help you achieve your goals. Whether you're ready to refinance or would like to talk with one of our mortgage specialists about your current situation, we're here to help our Massachusetts and Rhode Island neighbors.

Flexible options to help you reach your goals:

  • Various term lengths available
  • Fixed- and adjustable rate options
  • Cash-out refinancing available to eligible borrowers

Contact us today to schedule a consultation.
Special HELOC Offer

2.99% APR* Introductory rate for 12 months from date of funding. Wall Street Journal Prime Rate on a monthly float thereafter until maturity with a Floor of 3.25% APR*
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Trustpilot
September 20
Monica Botelho is amazing!
When I first started to plan for a home purchase over a year ago, I was introduced to Monica at BankFive. I am so grateful that I was. Her help during our recent home purchase was truly amazing. I can't recommend her highly enough to anyone in need of a mortgage. She's fantastic, knowledgeable, trustworthy and dedicated to her customers. She was always available to answer any question, no matter the day or time. She made this entire process so much easier and I am grateful for her work.
Tom
Trustpilot
September 15
Everything was smooth and went well one…
Everything was smooth and went well one of the better closings that I’ve ever had
Robfriar
Trustpilot
September 07
BankFive was efficient and…
BankFive was efficient and professional. I would recommend them to anyone purchasing a home.
Elisabeth
Trustpilot
August 18
Great Experience
Worked with Monica for my home refinance. She was knowledgable, prompt, and worked hard for me. Everything went totally smoothly.
Sherri
Trustpilot
August 18
Painless process
Painless process, all requirements clear and concise. Would recommend to all.
Joe
Trustpilot
August 14
Great Refinance Experience
I refinanced my mortgage with BankFive to take advantage of their low interest rates. I worked with Monica Botelho on the application. She was very easy to work with and answered all of my questions promptly (I have lots of questions). I highly recommend Monica and BankFive to anyone looking for a mortgage.
PaulS
Trustpilot
August 12
Kevin McGoff and team are excellent to…
Kevin McGoff and team are excellent to deal with and process was quick and efficient! I will highly recommend.
Casey
Trustpilot
August 11
Claudette and Lindsay Vickery led a…
Claudette and Lindsay Vickery led a team to one of the best and fastest mortgage acquisitions I've ever experienced.
vincent maher
Trustpilot
August 11
Mortgage Refinance
Recently, we refinanced our mortgage with Bank 5, after being referred to Jim Hanewich, our loan officer. This was our first experience with Bank 5 and we're happy to report that our experience was very positive. Jim Hanewich is experienced and knowledgeable and explained the process every step of the way. He explained our options regarding mortgage rates, terms and whether to choose a 15, 20 or 30 year mortgage. We ended up choosing a 15 year mortgage at a great interest rate and Jim really made it happen for us. We would not hesitate to recommend Jim. Thank you Jim and Bank 5!
Stan
Trustpilot
July 21
The customer service w Susana Coito w…
The customer service w Susana Coito w our mortgage and Fran Oliviera setting up my checking out was nothing short of amazing work from both of them.
Justin Wotton
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