Residential Mortgages
With expert mortgage lenders at every branch office, local loan servicing, and the ability to apply online or in-person, Westfield Bank offers a better way to buy, build, or refinance. At Westfield Bank, we'll be with you every step of the way to ensure a fast, easy, and stress-free experience. Welcome home!
Buying a home this spring?
Let Westfield Bank help you save. Now through June 20 we'll cover the cost of your appraisal*, putting money back in your pocket when it matters most.
Even better - this offer can be combined with either our $500 lender credit for first-time homebuyers or our $500 lender credit for first responders giving you even more ways to save.
Spring is the time for fresh starts. Make yours a new home!
†Based on number of closed loans in Hampden County for 2024 by The Warren Group. *Borrower will receive a lender credit at closing that is equal to the total cost of the Appraisal Fee. Subject to underwriting and loan approval. Offer valid for the purchase of a 1-4 family owner-occupied residence or the construction of an owner-occupied, single-family residence located in Massachusetts or Connecticut. Refinances of current loans are not eligible. May be combined with one other offer if applicable, either First Time Homebuyer or First Responder. Offer expires June 20, 2025.
Military & First Responders
We're giving Active Duty Military1, Veterans1, and First Responders1 $500 off closing costs.
We appreciate the service and sacrifice of our region’s uniformed service professionals. That’s why we’re extending a $500 lender credit¹ toward mortgage closing costs. Ask us how we can help you get a great rate and save money on closing costs!
Contact a Mortgage Loan Officer >Get Pre-approved
If you're on the hunt for a new home, getting pre-approved from Westfield Bank is a smart first step. We'll help you estimate what you can afford, and provide a pre-approval letter to make your offer more attractive.
Do better with your search for a dream home. Get pre-approval and get going!
Get Started >First Time Homebuyers
We are giving first-time homebuyers2 $500 off closing costs.
Featuring low down payments and special financing terms, our First-Time Homebuyer Programs are designed to make purchasing your first home simpler and more affordable. Receive $500 lender credit2 toward closing costs on any approved home loan when you apply online or in person with Westfield Bank.
1Borrower will receive a $500 lender credit toward closing costs at closing. Subject to underwriting and loan approval. Property must be located in Massachusetts or Connecticut. Refinances of current Westfield Bank loans are not eligible. May be combined with other mortgage offers. Offer can be rescinded at any time.
2Borrower will receive a $500 lender credit toward closing costs at closing. Subject to underwriting and loan approval. Property must be located in Massachusetts or Connecticut.A first-time homebuyer is an individual who is purchasing the property, who will reside in the property as their primary home, and who has had no ownership in a residential property during the 3-year period preceding the date of the purchase of the subject property. Refinances of current Westfield Bank loans are not eligible. May be combined with other mortgage offers. Offer can be rescinded at any time.
Westfield Bank is proud to be a partner of MassHousing, a leading provider of affordable mortgage financing for first-time homebuyers across Massachusetts. Restrictions apply. Contact a Mortgage Loan Officer today to see if you qualify or to learn more information.
MassHousing First Time Homebuyer Benefits
MassHousing Military Benefits
*MassHousing provides down payment assistance in the form of a second mortgage loan to qualified income-eligible first-time homebuyers.
Thinking about buying a home? Take advantage of our Lock & Shop program!
Once you’ve been preapproved, you’ll receive an acceptance letter that guarantees your interest rate for 30 days so you can shop with confidence. Get started today! Click here to apply online, or call any of our helpful Mortgage Loan Officers.
Additional Mortgage Products
With fixed rates and terms, Fixed-Rate Mortgages offer the peace of mind of a fixed monthly payment for the life of the loan. Fixed-Rate Mortgages can be used for primary or secondary residences.
Designed to provide buyers with lower monthly payments, Adjustable Rate Mortgages have interest rates that are fixed for an initial term and then adjusted periodically thereafter. Available for primary or secondary residences, we offer a variety of adjustable rate terms.
Construction Loans
Building a home is a complex process. We work with you every step of the way to make your construction financing experience as stress-free as possible—from start to finishing nails.
- One qualification and one closing
- Interest-only payments during 12-month construction period
- Fixed-rate or adjustable rate mortgage options
Land Loans
Found the perfect spot to build your new home? With a Land Loan from Westfield Bank, you can finance the purchase of land to build on. Maximum loan-to-value (LTV) is 80% with interest-only payments for three years.
Looking to purchase residential property as an investment? Our Investment Loans are a great way to finance non-owner occupied residential properties.
