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Mortgage Solutions

Fixed-Rate?  Adjustable-Rate?  How much can I afford?  When should I refinance?  What’s a jumbo?

Have questions about a Mortgage or Home Equity Loan for financing your home or a remodeling project?  Call us at 978.452.1300 or visit any Lowell Five branch to speak with an advisor today.  Our experienced mortgage lending team is here to advise and guide you to the best financing option for your situation.

You can start an application anytime day or night with our easy online mortgage application and a Lowell Five advisor will contact you at your requested time.

Click on the link to our mortgage center resource for a glossary of mortgage-related terms, information on rates and fees, and financial calculators to assist you with your planning.

Featured Mortgage Rates – All with 0 Points!

Lowell Five offers numerous mortgage solutions to fit your needs – all with 0 points!   Whether you’re looking long-term or short-term, fixed-rate or adjustable-rate, Lowell Five mortgage advisors are available to provide you with a mortgage specific to your situation.

See a sampling of today’s mortgage rates (Based on a $300,000 mortgage with 20% down payment and no points):

Plan Rate APR Points
Premier 30 Year Fixed Rate 7% 7.041% 0%
15 Year Fixed 6.5% 6.566% 0%
5/1 ARM 6.875% 7.644% 0%
15/1 ARM, 1st Time Homebuyer 6.625% 6.909% 0%

Premier 30-Year Fixed require direct deposit into a Lowell Five checking account and automatic payment withdrawal. 

Payments shown include principal and interest only.  Taxes and insurance premiums, if applicable, are not included, and your actual payment obligation will be greater if an escrow account is required.  Rates shown are subject to change without notice.  Other programs are available.  Other terms and conditions may apply.  Subject to approval.

As of 5/24/2024

Get a Personalized Rate Quote Full List of Mortgage Products

Construction and Renovation Loans

Whether you are building or remodeling your dream home, we have the right loan to finance your project and the Mortgage Advisors to walk you through the entire process:

  • Fixed and adjustable-rate options.  Jumbo and conventional loans.
  • Competitive rates.
  • Interest-only payments during construction.
  • Customizable construction schedules– a loan that’s as unique as your project.
  • Efficient coordination of construction requisitions to keep the project moving along.
  • Dedicated contact person to assist with construction advances.
  • And … we combine construction and mortgage into a single loan with one closing – saving you time and money!

First Time Homebuyers

Lowell Five is pleased to offer special discounts to our first-time homebuyer clients.  We understand that your home buying processing is stressful enough.  Our mortgage advisor team is here to assist you through your mortgage process and eliminate the stress.

Frontline Healthcare Workers, Active Military, Veterans, Police, and Fire Personnel

Lowell Five is pleased to provide our local heroes with special mortgage considerations including lower-cost options and certain fee waivers.  Please call our Client Service Center at 978.452.1300 today for more information. Thank you for your service.

Receive your mortgage statements electronically.

Sign up for eBills and your mortgage statement will be delivered safely, securely, and paperlessly to your Lowell Five Online Banking account.

Enroll in eBill

Lowell Five Bank NMLS # 1150909