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Home Mortgages

Belmont Savings offers a variety of home mortgage products to meet the needs of today's homeowner. We provide mortgages for owner occupied 1-4 residential houses. In addition, we offer mortgages on non-owner occupied investment properties. Automatic payment service is available.

Fixed Rate Mortgages
Adjustable Rate Mortgages
Equity Lines of Credit/Equity Loans/2nd Mortgages
First Time Home Buyers Program
Reverse Mortgages*
Jumbo Mortgages
Cash Flow Mortgages (Interest Only)

Fixed Rate Mortgages
  • Protection against rising interest rates.
  • Flexible terms.
  • Low fees and closing costs.
  • Down payments as low as 5%.
  • Prompt, professional service from our experienced mortgage staff.

Adjustable Rate Mortgages
  • 1, 3, and 5 year adjustable rate mortgages.
  • Interest rate on your loan is reviewed every 1, 3 and 5 years and could change based upon the 1 year Treasury Security Index plus a margin.

Equity Lines of Credit/Equity Loans/2nd Mortgages
  • Utilize your home's equity to purchase a new car, pay education expenses, make home improvements or even consolidate outstanding debt.
  • Interest may be tax deductible.*
  • Available for owner and non-owner occupied properties.
*Please consult a tax advisor.

First Time Home Buyers Program
  • Low initial rate.
  • No points.
  • Available on 1 - 3 family properties (within our primary lending area).
  • No closing costs for qualified applicants.

Reverse Mortgages*
Elderly homeowners can access the equity in their home with this innovative product.
  • Minimum age requirement of 62 years
  • Own and live in one residence
  • Credit not an issue
  • Income not an issue
  • Easy access to your equity in your home

Jumbo Mortgages
  • Various fixed rate terms
  • 1-3-5 Year ARMs
  • Loans up to $1,500,000
Cash Flow Mortgage (Interest Only)
  • 5 year adjustable rate mortgage
  • You pay only the interest due for the first 5 years
  • Assists you in purchasing a larger, more expensive home

Click here to learn more about a Cash Flow Mortgage


Belmont Savings Bank is a member of the FDIC
and a member of the DIF.