The Best Mortgage Lenders in Attleboro, MA
Compare verified mortgage lenders serving Attleboro, Massachusetts. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Attleboro
Featured Mortgage Lenders
Bay Coast Bank Mortgage Department
Bay Coast Bank
Bay Coast Bank stands out as the premier local mortgage lender in Attleboro with deep community roots and exceptional customer satisfaction ratings. As a community-focused bank with multiple branches throughout Southeastern Massachusetts, they offer personalized service and local underwriting decisions. Their mortgage team has extensive experience with Attleboro's unique housing market and provides competitive rates with flexible terms. Customers consistently praise their responsive communication, streamlined application process, and ability to close loans efficiently. Their strong local presence ensures they understand the specific needs of Attleboro homebuyers.
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Navigant Credit Union Mortgage Services
Navigant Credit Union
Navigant Credit Union maintains a strong presence in Attleboro with their local branch and dedicated mortgage team. As one of Rhode Island and Southeastern Massachusetts' largest credit unions, they offer member-focused mortgage solutions with competitive rates and low fees. Their Attleboro mortgage specialists provide personalized guidance through the entire homebuying process, with particular expertise in first-time homebuyer programs and government-backed loans. Members consistently report excellent service, transparent pricing, and knowledgeable loan officers who make the mortgage process straightforward and stress-free.
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Embrace Home Loans
Embrace Home Loans, Inc.
Embrace Home Loans operates a regional office in nearby Raynham, serving Attleboro homebuyers with exceptional mortgage services and innovative digital tools. With over four decades of experience, this nationally recognized lender combines technology with personalized service to create a smooth mortgage experience. They consistently receive high marks for their competitive rates, efficient processing, and knowledgeable loan officers who specialize in Massachusetts lending regulations. Their strong local presence and extensive product portfolio make them a top choice for Attleboro residents seeking flexible mortgage options with outstanding customer support.
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Frequently Asked Questions
Common questions about mortgage lending in Attleboro, MA
What are the current average mortgage rates for homebuyers in Attleboro, MA?
Current mortgage rates in Attleboro typically range from 6.5% to 7.5% for 30-year fixed loans, depending on credit score and loan type. Attleboro rates generally align with national averages but can be slightly higher than some other Massachusetts communities due to its position in Bristol County. It's best to compare rates from multiple local lenders as even small differences can significantly impact your monthly payment.
Are there any first-time homebuyer programs specifically available in Attleboro?
Yes, Attleboro homebuyers can access Massachusetts' statewide programs like MassHousing and ONE Mortgage, which offer low down payments and competitive rates. Additionally, the Attleboro First-Time Homebuyer Program occasionally offers down payment assistance grants to qualified buyers. These programs are particularly valuable given Attleboro's median home prices being more affordable than nearby Boston suburbs.
How does Attleboro's property tax rate affect mortgage affordability?
Attleboro's current property tax rate of approximately $13.97 per $1,000 of assessed value is relatively high compared to national averages but competitive within Massachusetts. This means your monthly mortgage payment will need to account for higher escrow payments for taxes. Lenders will factor this into your debt-to-income ratio when determining how much house you can afford in Attleboro.
What special considerations should I know about getting a mortgage for Attleboro's older homes?
Many Attleboro homes were built before 1950, so mortgage lenders often require thorough inspections and may mandate repairs for health/safety issues before approving loans. You might need specialized renovation loans like FHA 203(k) for older properties needing updates. Also, expect higher insurance costs due to older electrical, plumbing, and heating systems common in Attleboro's historic neighborhoods.
Are there any local down payment assistance programs for Attleboro homebuyers?
While Attleboro doesn't have a city-specific program, Bristol County offers the SOFTBANK program providing down payment assistance to moderate-income buyers. Additionally, the Massachusetts Housing Partnership's ONE Mortgage program requires only 3% down with no private mortgage insurance. Many Attleboro buyers also qualify for MassHousing's down payment assistance loans that can cover up to 5% of the purchase price.
Nearby Cities
Explore mortgage lenders in cities near Attleboro, MA
Why Choose a Mortgage Lender in Attleboro?
Local Market Knowledge
Lenders who understand Attleboro's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Massachusetts.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Attleboro and get competitive rates on your home loan.