Mortgages

We're here to help finance the American Dream - home ownership. Whether you're a first-time buyer or a seasoned veteran, whether you want to refinance or buy a vacation home, the Spencer Savings Bank offers a wide variety of mortgage products designed to fit your needs. You can count on us for competitive rates, exceptional service and quick turnaround.

Our mortgages have no application fees, no processing fees, and no pre-payment penalty fees. And because our customers are valuable to us, all mortgages are serviced by the Spencer Savings Bank.

The Spencer Savings Bank's first-time home buyer programs allow you to put as little as 3% down, with a low affordable rate, usually below the current mortgage rates. Our commitment to first-time home buyers earned us the 1999 Massachusetts Housing Finance Agency "Rookie of the Year" award.