Home for the Brave Loans

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BankFive is proud to partner with MassHousing to serve our nation's veterans.

As a veteran, you and your family deserve an affordable mortgage option that's flexible to fit your needs. Our Home for the Brave Loan is structured to help you reach your homeownership goals with favorable terms so you can stay within your budget.

We help you settle into a new home:

Available to veterans of the U.S. Armed Services, active-duty military, and spouses of soldiers, sailors, or marines killed while on active duty.
Eligible owner-occupied properties range from single-family to 4-unit homes.
Reduced down payments. Up to 97% financing available on single-family homes and condos, and up to 95% financing available for 2-, 3-, and 4-family homes.
Closing cost assistance available through MassHousing grants.
Disabled veterans can obtain grants from the Veterans Administration to make accessibility upgrades to the property they're purchasing.

_{Income and loan limits apply. Contact BankFive for details. To qualify for a Home for the Brave Mortgage, you must purchase a primary residence. You do not have to be a first-time homebuyer, but you may not own more than one home upon closing the loan. Must qualify; Have a total housing debt of less than 41% and a total monthly debt of less than 45%, if you are buying a 2-, 3-, or 4-family property; have two-months reserves; if you are a first-time homebuyer or are purchasing a multi-family home, complete a homebuyer counseling course.}

Mortgage Resources

Sep 29

Monica Botelho got us a great mortgage rate in a really rough environment - not only that, but we closed on our house in what must have been close to record time! Thanks Monica! -Nick + Danie

Nick Ravs

Aug 10

Claudette and Nicole were so professional and easy to speak with. Even with my probably dumb questions, they were patient, prompt in their call backs and emails and very articulate. Nice job!

Robert

Jun 29

I worked with Wilfredo, Omar & Robert from BankFive on the lending loan of my mortgage. They were very helpful, patient and informative. Definitely happy with using this bank and I would recommend it to anyone I know.

Eliza Michelle Asturias

Jun 28

We have been with Bank Five, since they opened their Dartmouth Branch. Always: courteous, concerned, helpful and loyal to their customers and staff. A feeling of extra security in a Family atmosphere. What more could be said! Thank you Bank Five for ‘Being There!’ 🏦👍🗽

Robert & Sharon Morgan

Jun 22

Everyone from the leader to realtor to attorney ect all work as a team

William

May 24

Bank five looked at our situation as a whole to determine the positive outcome of approving our mortgage, and found ways to get things . Something that other lenders said they would do but could not deliver what was promised and caused more harm than good to our situation . James Hanewich was especially good with his job , He had clear communication the whole process and delivered on what he said at the end . Thank you all at Bank Five for helping families own homes and we look forward to a great relationship in the YEARS to come

Paul Aoun

Apr 11

Michelle Guertin and everyone else we worked with at Bank 5 was awesome. Very helpful and friendly. They made our loan process easy. Highly recommend them.

Tim McGee

Feb 01

We had a great experience obtaining a competitive land loan to ultimately be in position to build our dream house. The BankFive representatives were world class, personable individuals who were readily available and helpful each step of the way.

Dan

Feb 01

Prompt. Honest. Upfront. Need sensitive.

Uday

Feb 01

Everyone was very helpful throughout the process - Lindsay and Danielle were great.

Stephen

Jan 11

I encountered a issue with my mortgage payment and the bank couldn't have been more helpful. They actually reached out to notify of the payment issue something I wouldn't have noticed on my own. At a larger bank, it would have gone unchecked and potentially lead to penalties.

Michael

Sep 21

We needed a land loan, Bank5 was one of the only banks I could find for that loan. The process was quick and smooth. I would recommend them to anyone!

Joseph

Sep 15

Bank5 is very accommodating.

Frank

Aug 02

Was a good experience at all levels(from customer service - the Loan departments).

Mulu

Jul 13

I have used different banks over the years to finance my home, but I found BankFive's team to be -by far- the most efficient, effective and collaborative I have ever worked with. I never thought I would say this but getting a mortgage was a really good experience.

Dear Customer

Jul 13

Seamless operation. Very efficient; and very organized

David

Jul 07

Great People, Help me all the way through the loan process

Rosa

Jun 24

Process was very smooth, got good rates. Jim was very helpful throughout the process. Can’t ask for anything more.

Sri Venkata Naga V R Vadakattu

May 11

The entire team has been excellent to work with! Yubetzy, Vaida and Wil went over and beyond in supporting two real estate transactions for us. We are very happy with our terms and so appreciative of the the level of care from everyone on Wil’s team.

Jenn Z.

May 05

Great experience! Fast very informative and streamlined mortgage process. Monica Botelho was a pleasure to work with. I highly recommend anyone to work with her.

Jon vida