Seamen’s Bank offers personal service and quick answers on competitive Home Equity and Mortgage loans without a lot of unnecessary red tape. We know Cape Cod, can often make home loans that other banks may not, and we are fully committed to the people we serve. Our Loan Officers can assist you in deciding which loan best fits your needs, and help you with the application process all the way through closing and beyond. Please contact any of our Residential Loan Officers or email email@example.com for more information.
For a rate quote or to begin a Mortgage or Home Equity application
Mortgages Fixed and Variable rate mortgages on 1 – 4 family primary, secondary, and investment homes. We also finance seasonal condominiums with reasonable rates and terms. Refinancing is available to lower your monthly payment, reduce your interest rate or access the available equity in your home.
Accessory Dwelling Unit These loans are available for 1-4 family primary or secondary homes. The ADU must be built on the property securing the loan, and borrowers must provide a copy of their approved ADU permit from the town. Ineligible properties include condos/cooperatives, commercial mixed-use, and investment/rental properties. Call us at 508.487.0002 or visit any of our branches for more information.
First Time Home Buyer For those buying their first home, Seamen’s Bank waives the application fee and will accept 10% down without the need for Mortgage Insurance.
Construction or Home Improvement Loans For new construction or major renovations.
Land Loans Let Seamen’s Bank help you get your own piece of Cape Cod until you are ready to build the home of your dreams.
Home Equity Lines of Credit Secured by the equity in your house, this revolving line of credit allows you to borrow when you need cash simply by writing a check.
Home Equity Loans First or second mortgage Home Equity Loans are available.
Seamen’s Bank was founded for its customers and community and we strive to offer a variety of products and services that meet their needs.
Home Loan Rates
Effective Date: January 14th, 2024
|Annual Percentage Rate
|30 Year Fixed
|5/1 Adjustable Rate Mortgage
|First Time Homebuyer
|Accessory Dwelling Unit 30 Year Fixed
Rates on Adjustable Rate products may increase during the term of the loan.
Rates are subject to change - call us about current rates
* APR = Annual percentage rate; index based on the weekly average yield on U S Treasury securities adjusted
to a constant maturity of 1 year or 3 year as published in Federal Reserve Statistical Release H.15. (ARM Products) **Conforming Loan Example: Based on purchase of primary residence, $420,000 loan amount with 80% LTV and 30-year term for loan amounts under $766,550; Monthly P&I payment of $2,865.15 Minimum credit score 700
APR on ARM products based on index in effect as of 2/13/2024 and on loan amount of $225,000
***Index on Home Equity Products = Wall Street Journal Prime Rate.