Let’s face it, the only thing more exciting than buying a house is buying your first one. That's why Baltic Transit Bank is the perfect place for first-time homebuyers. Our experienced lending staff is committed to making the home buying process as painless as possible. We offer a variety of loan options and will work with you to determine the one that’s the best fit for you, whether it’s a Baltic Transit Bank mortgage or a product available through our partnership with MassHousing.

Our First-Time Homebuyer Products Offer:

Quick Loan Turnaround

Experience a streamlined application process with fast approval times, so you can move quickly from application to closing.

Low Down Payment Requirements

We offer loans with low down payment options, making homeownership more accessible for first-time buyers.

Income Limits Apply

Income limits may apply based on your financial situation. We work with you to ensure you meet the criteria for our programs.

Income Limits at or Below 50% of the Median Income

For those with income limits at or below 50% of the median income, Baltic Transit Bank will waive mortgage insurance with a low down payment.*

An Automated Application Process

Enjoy the convenience of an automated application process that simplifies and speeds up your loan application.

Competitive Interest Rates

Benefit from competitive interest rates designed to make your mortgage as affordable as possible.

$500 Off Closing Costs on Select Products

Receive $500 off closing costs on select loan products, helping you save more at the final step of your home buying journey.

Down Payment Assistance Options**

Explore available down payment assistance options to help with your initial investment.** Subject to credit approval, income guidelines, and grant availability. Grants are offered through the Federal Home Loan Bank of Boston and are allotted at varying times throughout the year. Please discuss availability with your mortgage originator.

For current rates or additional information about home buying options at Baltic Transit Bank, call Customer Support at (978) 573-1300 during regular operating hours or reach out directly to any of our mortgage originators.

Find out now about your home buying options and get prequalified for a mortgage at Baltic Transit Bank before you begin the application process. Get prequalified today!

Need to know how much you can afford? Try out one of our convenient mortgage calculators. Try our mortgage calculators.

Apply Now! To begin the mortgage application process, just click the button below and follow the onscreen instructions.