Online Banking
Apply for a Mortgage PreQualification online.
Whether you are purchasing, refinancing, or building your new residence, vacation or investment property, Lowell Cooperative Bank has a mortgage loan program to meet your individual needs. We strive to assist you in meeting your housing goals and mortgage financing objectives. Loan programs are available with as little as a 5% down payment. To further serve you, we offer both portfolio and secondary market loans. We make our loan decisions locally, and many of our loans are also serviced at the bank.
Lending Area:
Our Primary Lending Area includes the communities of Lowell, Billerica, Chelmsford, Dracut, Tewksbury and Tyngsboro. We will consider loans within Eastern Massachusetts and Southern New Hampshire.
Home Equity Line of Credit
• Revolving Line of Credit allows you to pay interest only on the amount that you draw
• No Closing Costs*
• Available for loans up to $ 250,000
• Minimum of 20% equity required
• Fixed Rate Conversions Allowed
Second Mortgage Loans
• Loan terms from 5 to 20 years
• Rate fixed for life of loan
• Available for loans up to $ 250,000
• Minimum of 20% equity required
Use our Mortgage Calculator to estimate your monthly payments.
All Loan Program Eligibility subject to Credit, Income, and Property Qualification.
* No Closing Cost option applies only where a primary mortgage is currently in place.
Other exclusions my apply
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