Need some assistance this home buying season? First Time Home Buyers enjoy NO PMI* with a 10% down payment at Colonial Federal Savings Bank.

Friendly, independent and local, we'll make it easy for you to get the mortgage that is right for you.  And we don't sell our loans so we are here for you after the closing too. 

30-YEAR FIXED,  NO POINTS!

 5.99%RATE 6.14%APR*

At Colonial Federal Savings Bank you deal directly with lenders who actually like coming up with good ways to make things happen. Including sometimes being able to make customized loans. Sound interesting? Call Angela Blanchard (NMLS #411564) at 617-471-0750.

Current Loan Rates & Disclosures

^{*APR = Annual Percentage Rate. APR/Rate effective as of 5/1/25 and may change. Applies to 1-4 family owner-occupied homes. First Time Home Buyer’s maximum loan-to-value (LTV) is 90%. PMI (Private Mortgage Insurance) waived with a 10% down payment. Subject to credit approval. A 30-year loan would be repaid in 360 equal monthly principal and interest payments of $5.99 per $1,000 borrowed, which does not include taxes or insurance premiums, if applicable. So, your actual monthly payment will be greater. NMLS #409557.}