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| Welcome to Webster Five Cents Savings Bank > Personal Banking > Loans > Other Real Estate Secured Loans |
Other Real Estate Secured Loans (MassHousing)
Webster Five offers several specialized loan programs that can help people get financing which they may not be able to get elsewhere. These programs are offered through MassHousing, who works closely with Webster Five to ensure that the needs of community homeowners are met.
Get the Lead Out
Through a program sponsored by MassHousing, we are able to provide low-cost financing to qualified owners of 1-4 family properties to remove lead paint from their homes and reduce the possibility of lead poisoning. This program offers consumers lower interest rates, helps to increase the value and marketability of the property, and, most important, provides a safer living environment for you and your family. Click here for rates and for more information. Or download and print our application and checklist.
Home Improvement Program
Through a program sponsored by MassHousing, we are able to offer low-cost financing for income-eligible homeowners who need to make major renovations or home improvements. These loans are available at low interest rates and in amounts from $7,500.00 to a maximum of $50,000.00. Click here for rates and for more information. Or downloan and print our application and checklist.
Title V-Septic Repair
Through a program sponsored by MassHousing, Webster Five is able to offer a below-market rate to homeowners faced with the need to repair a failed septic system in order to comply with the state’s Title V requirements. This program is available to eligible homeowners at low interest rates of 0%, 3%, and 5%, depending upon the total household income. Loans range in size from $1,000.00 to a maximum of $25,000.00. Click here for rates and for more information. Or download our application and checklist.


