978-283-8200 | 160 Main Street, Gloucester, MA 01930 | 15 Martin Street, Essex, MA 01929

Mortgages


Fixed Rate Mortgages

Whether you are buying a new home or refinancing an existing one, BankGloucester offers a wide range of fixed rate loan products. A big advantage of fixed rate mortgages is that the rate is guaranteed for the life of the loan and, therefore, you can feel more secure knowing that your mortgage payment will remain the same. Choose from 10, 15 and 30 year terms.

See Fixed Rate Mortgage Rates & Disclosures


Adjustable Rate Mortgages (ARMs)

With an adjustable rate mortgage from BankGloucester, you can take advantage of a lower initial rate than you'd get with a Fixed Rate Mortgage. Three, five and seven year programs are offered with features including periodic and lifetime rate caps.

See Adjustable Rate Mortgage Rates & Disclosures
Loan Program Disclosure for Adjustable Rate Mortgage Loans


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Consumer Handbook on Adjustable Rate Mortgages

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