Consumer Loans
Take the Confusion
out of Financing
The task of buying a home is confusing
enough these days, so Haverhill Bank does its
best to take the confusion out of financing for
you with personalized banking. Because of the
long term nature of home loans, the bank is
anxious to build a pleasant and
satisfying relationship with each mortgage
customer.
Founded in 1877, Haverhill Bank is the oldest
cooperative bank in Massachusetts. It has
provided mortgage loans to buy thousands of
homes. The bank’s rates and programs are
competitive and tailored to your needs.
Call or visit a loan officer for more
detailed information.
Visit www.haverhillbank.com for the
latest rates and helpful financial calculators.
180 Merrimack Street • Haverhill, MA 01830
www.haverhillbank.com
Connecting All Branches: (978) 374-0161
Automobile Loans Second Mortgages
Haverhill Bank finances both new and used If you’re thinking about borrowing money,
vehicles. The amount of the loan and term is consider a second mortgage. Haverhill Bank
determined by the value of the automobile and offers terms to fit your budget and your first
the creditworthiness of the borrower. mortgage is not affected.
Mortgage Loans Construction Loans
There are a variety of first mortgage programs When you need money to build or modernize
and refinance options to fit your needs. You can your home, Haverhill Bank can help. Bring in
choose from adjustable and fixed rates with your plans and costs, and discuss them with a
terms up to 30 years. loan officer. You will receive help completing
the application and arranging repayment terms
Home Equity Line of Credit at competitive rates to fit your family budget.
First Time Homebuyer’s
With a home equity loan from Haverhill Bank, Mortgage
you can establish a revolving line of credit
secured by the equity in your home. If you have not owned a home for at least three
years, you may qualify as a first-time buyer. This
There are several programs available including program offers an excellent buyer education
interest only and fixed rate equity loans. program and very favorable terms such as
reduced closing costs and extended qualifying
You decide when and how much to borrow, ratios with a waiver of required borrower reserves.
simply by writing a check. You may borrow
for almost any reason: home improvements,
tuition, a new car or boat or even personal Reverse Mortgages
investments. It may even be tax deductible
(consult your tax advisor). If you are age 62 or older and own your own
home as your primary residence, you may
qualify for a reverse mortgage. There are no
Personal Loans credit, employment or income qualifications.
Unlike traditional loans, repayment is not
Loans are available for personal use with required until you permanently leave your
appropriate collateral security. Each borrower’s primary residence, providing all other program
situation and repayment terms are requirements are satisfied.
individually determined.