Home Mortgages

At Martha's Vineyard Savings Bank, we are your trusted local resource for home mortgages. We make our loan decisions locally which enables us to deliver prompt commitments and closings. That's why we have been the leading lender on the Vineyard for over 10 years!

Whether you are buying a new home or refinancing an existing residence, we have the financing options that are specifically suited to fit your needs.

Fixed Rate Mortgages*

• 15 and 30 year terms
• Available for new purchase or refinancing
   

Adjustable Rate Mortgages (ARMs)*

• 1 year, 3/1 and 5/1 terms
• Available for new purchase or refinancing
• 5/1 interest only ARM available
   

Jumbo Mortgages*

• 15 and 30 year fixed rate & ARMs 
• Loan amounts up to $2,000,000
• Purchase financing up to 80% loan-to-value
• Local servicing
   

Second Home and Investment Property Mortgages*

• 15 and 30 year fixed rate & ARMs
• Available for new purchase or refinancing
   

Construction Permanent Mortgages

• Interest only payments on amount of money disbursed during the construction period
• One closing for the construction and permanent financing
• A percentage of land value is released at closing
   

First Time Homebuyer Program
A First Time Homebuyers mortgage is offered to individuals who have not owned a primary residence within the past three years. This program is for one-to-four owner-occupied properties in Massachusetts.
 

*For additional interest rate, Annual Percentage Rate (APR) and
payment information view current Home Loan Rates

Calculate Mortgage Payments

Application Request

Contact a Residential Loan Officer at 1-508-627-4266 or via e-mail at loans@mvbank.com to request an application or to ask any questions you may have.

For more information on any of these products and services, please contact your local branch representative or give us a call at 1-508-627-4266.