Up to $2,500 Closing Cost Credit on Operation Welcome Home Loans!*
We're proud to support homebuyers in Massachusetts who have served our nation and are on the road to homeownership. Our Operation Welcome Home Loans, made possible by MassHousing, are available to first-time buyers who are either active duty military, veterans who served honorably, members of the Reserves or National Guard, or Gold Star Families. These loans combine a traditional 30-year, fixed-rate mortgage with a no-interest deferred down payment and/or closing cost assistance of up to 3% for eligible borrowers.
More flexibility and favorable terms for eligible borrowers:
MassHousing is pleased to announce a closing cost credit for borrowers utilizing the Operation Welcome Home Program*
Up to 97% financing on single-family homes and condos, and up to 95% financing on two- and three- unit properties
Competitive interest rates and fees
Quick and easy conventional mortgage process
Non-spouse co-borrowers allowed
MIPlus Mortgage Payment Protection for eligible borrowers, which helps pay your loan for up to six months if you are deployed or lose your job, or for Reservists and National Guard Members called to active duty
Income and loan limits apply
*Members of the National Guard or Reserves, active-duty military, veterans, or Gold Star Families may be eligible for a $2,500 closing cost credit through MassHousing.
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.
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!’
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
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.
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.
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.
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.
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