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Affordable Home Loan Options

We're here to guide you on your path to homeownership. Take the first step by getting prequalified for a mortgage loan.

Start Application Now

We have a variety of products available for the purchase and refinance of a home. Not sure where to start? Click "Start Application" to fill in your information and a loan officer will reach out to you, or get to know our team and start the conversation with an email or phone call.

Meet Our Team

CSB-Exclusive Affordable Loan Products

As a local, community bank, we have the flexibility to create products that meet the needs of our buyers and the ever-changing market. 

  • CSB 100 Loan

    This is a CSB-exclusive low or no down payment loan option available to first-time and repeat home buyers. Restrictions apply.3

    Features:

    • Up to 100% financing is available
    • No private mortgage insurance (PMI)
    • Competitive fixed and adjustable rate mortgages available

    Start Application Now

    See Full Terms & Disclosures

Other Affordable Loan Options

We partner with MassHousing, Massachusetts Housing Partnership, and government-sponsored enterprises to bring a variety of affordable options to our customers. 

  • MassHousing Loans

    This is a program with various affordable loan options available to first-time and repeat home buyers. Income and other restrictions apply.5

    Features:

    • Low down payment
    • Mortgage payment protection6
    • Borrower- and lender-paid mortgage insurance options available
    • Competitive fixed rates available

    Start Application Now

    See Full Terms & Disclosures

  • MHP ONE and ONE+ Programs

    MHP ONE Mortgage

    This is an affordable loan option available exclusively to first-time home buyers in the Commonwealth of Massachusetts. Income, property location, and other restrictions apply.7

    Features:

    • Low down payment
    • No private mortgage insurance (PMI)
    • Financial assistance for eligible buyers
    • Competitive fixed rates available

    ONE+ Mortgage Programs

    ONE+ Mortgage Programs (ONE+, ONE+ Boston, and ONE+ Lowell) build on the affordable features of the ONE Mortgage Program to deliver financing solutions to eligible borrowers who currently reside in, or plan to buy a home in, eligible communities in the Commonwealth.

    ONE+

    ONE+ is available to the following 29 communities: Attleboro, Barnstable, Boston, Brockton, Chelsea, Chicopee, Everett, Fall River, Fitchburg, Framingham, Haverhill, Holyoke, Lawrence, Leominster, Lowell, Lynn, Malden, Methuen, New Bedford, Peabody, Pittsfield, Quincy, Randolph, Revere, Salem, Springfield, Taunton, Westfield, or Worcester.

    ONE+ Boston

    ONE+Boston is available to borrowers currently residing in, or planning to buy, in Boston.

    ONE+ Lowell

    ONE+Lowell is available to borrowers currently residing in, or planning to buy, in Lowell.

    Start Application Now

    See Full Terms & Disclosures

  • Fannie Mae HomeReady® Loan

    This is an affordable loan option available to first-time and repeat home buyers. Income and other restrictions apply.8

    Features:

    • Low down payment
    • Reduced mortgage insurance may be available
    • Flexible sources of funds for down payment and closing costs
    • Competitive fixed rates available

    Start Application Now

    See Full Terms & Disclosures

  • Freddie Mac Home Possible® Loan

    This is an affordable loan option available to first-time and repeat home buyers. Income and other restrictions apply.9

    Features:

    • Low down payment
    • Reduced mortgage insurance may be available
    • Flexible sources of funds for down payment and closing costs
    • Competitive fixed rates available

    Start Application Now

    See Full Terms & Disclosures

Take the Next Step

Additional Resources

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Home-Buying Education Resources

We believe in the power of knowledge and are committed to improving the financial well-being of our customers. That's why we we offer a variety of home buyer education resources covering a wide breadth of topics. Take some time to explore on your own or reach out to a loan officer with specific questions.

 

Go to Home-Buying Resources

First-Time Home Buyer Seminars

Buying a home is a big step and we can help. We’ll break down the home-buying process, get you up to speed and introduce you to affordable loan programs when you attend.

  • Earn CHAPA-Certification to help you qualify for affordable loan programs
  • Learn from a CSB Mortgage Loan Officer
  • Learn about the home-buying process, including understanding budgeting and credit
Learn More