Eastern Mortgage Lending

Family unpacking moving boxes

Mortgages for homebuying and refinancing

At Eastern Bank, we do good things to help people prosper. And because we understand that buying a home is one of the biggest decisions you can make, we want to make it as easy as possible for you to get settled into your new home.
Whether you’re a first-time homebuyer looking for a mortgage, an existing homeowner who wants to refinance or are simply comparing mortgage rates, Eastern Bank offers a range of competitive fixed-rate and variable-rate mortgage solutions for residential mortgages in Connecticut, Massachusetts, New Hampshire and Rhode Island. Whatever your home financing goals, let us help you find the mortgage program that best suits them.

Learn more about Becoming a Homeowner

Learn more about Refinancing with Eastern Bank

Call (800) EASTERN to Speak with a Mortgage Specialist to learn more about our Rates and Programs 

Start an Online Inquiry

Features & Benefits of an Eastern Bank Mortgage

When you choose Eastern Bank for a home purchase or to refinance your existing home loan, you'll enjoy these benefits: 

  • A variety of financing options and terms so you can choose the one that best suits your needs 
  • Knowledgeable Mortgage Loan Officers who live and work in your community and who can help guide you every step of the way 

  • An easy and convenient online inquiry form that lets you start the process whenever and wherever you want 

  • Free preapprovals that let you shop for a home with confidence

A couple celebrates in their new home

Explore Your Eastern Bank Mortgage Options

  Conventional Mortgages First-Time Homebuyer Mortgages Portfolio Mortgages Government Mortgages

Best if you...

Have stable income and credit history

Need to make a smaller down payment

Want your loan serviced locally by Eastern Bank

Are a veteran, are looking for a home in a rural area or have challenges with your credit profile


Often have the lowest rates and fewest restrictions

- Provide the option for small down payments
- May have income restrictions

Larger fixed-rate loans and competitive adjustable-rate mortgages (ARMs)

Offer special features for veterans or those looking for a home in a rural area


Fixed-rate mortgage

Adjustable-rate mortgage (ARM)




Massachusetts Housing Partnership (MHP) ONE Mortgage

MassHousing loans

Eastern Bank Portfolio First-Time Homebuyer Mortgages

Fixed-rate mortgage 

Jumbo mortgage

Adjustable-rate mortgage (ARM)

Interest-only mortgage

Opportunity Mortgage


Veterans Administration (VA) loans

USDA Rural Housing Programs

Federal Housing Administration (FHA) mortgages



Home Buying & Refinancing Calculators

As part of our commitment to help you make informed financial decisions, Eastern Bank is pleased to offer a range of helpful mortgage calculators. Of course, if you need additional assistance, a knowledgeable Eastern Bank mortgage specialist or mortgage loan officer can help.

Home Affordability Calculator

Estimate how much you can afford to pay for a new home.

Rent vs Buy Calculator

Compare the cost of renting versus owning a home.

Mortgage Payment Calculator

Change variables like the mortgage rate and term to see how they impact the monthly payment.

Mortgage Refinance Calculator

Compare a new mortgage rate to your current mortgage rate and see how changes to the new loan will impact monthly payments. 

 Eastern Bank is a member of the Nationwide Mortgage Licensing System & Registry (NMLS); NMLS ID# 451827.

This is not a commitment to lend. Subject to program guidelines and credit approval. Other terms and conditions may apply.