40-Year Mortgage*
Turn your dream of home ownership into reality with Needham Bank’s 5/5 Adjustable Rate Mortgage with a 40-year term. Owning a home has never been so easy.
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Benefits & Features5-Year Rate Adjustment PeriodYour rate adjusts every five years over your 40-year term, making monthly payments much more affordable. Low Down PaymentYour APR is based on the down payment and our lenders will walk you through your rate options. Dedicated Residential Lending ExpertWork with the same Needham Bank expert from application to closing, so you know you're partnering with someone who understands your needs and is invested in your success. Our lenders are available directly by text, phone and email to help you through the home buying process. |
40-Year Mortgage Highlights
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Serving Our Clients
Which Mortgage is Right for You?If you're planning to buy a home in MA, spend time understanding your home loan options. Let Needham Bank help you decide which mortgage is right for you.
Learn more about Which Mortgage is Right for You?FAQs
The easiest way to pay your NB mortgage from your NB Checking Account is through NB Online Banking or NB Business Online Banking by completing a transfer from your checking account to your mortgage.
Yes, you may complete an ACH Agreement in order to do so. Call our Loan Servicing Department at (781) 474-5802 or complete the Authorization Form. Please forward the form to the Loan Operations Department via US Mail or email us at [email protected]
Payment changes result from an adjustment to your interest rate or your escrow payment. Our Loan Operations Department will assist you in providing answers to all your questions. Please contact us by calling (781)474-5802 or by email at [email protected]
Knowledge Center

Let Needham Bank help you decide whether to buy or rent your next home in MA. We can help you determine if you are ready to acquire a home loan and more.
Learn more about Should You Rent or Buy a Home?Our 5/5 ARM with a 40-year term makes owning a home even more feasible than ever before.