Home for the Brave Loans

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BankFive is proud to partner with MassHousing to serve our nation's veterans.

As a veteran, you and your family deserve an affordable mortgage option that's flexible to fit your needs. Our Home for the Brave Loan is structured to help you reach your homeownership goals with favorable terms so you can stay within your budget.

We help you settle into a new home:

Available to veterans of the U.S. Armed Services, active-duty military, and spouses of soldiers, sailors, or marines killed while on active duty.
Eligible owner-occupied properties range from single-family to 4-unit homes.
Reduced down payments. Up to 97% financing available on single-family homes and condos, and up to 95% financing available for 2-, 3-, and 4-family homes.
Closing cost assistance available through MassHousing grants.
Disabled veterans can obtain grants from the Veterans Administration to make accessibility upgrades to the property they're purchasing.

_{Income and loan limits apply. Contact BankFive for details. To qualify for a Home for the Brave Mortgage, you must purchase a primary residence. You do not have to be a first-time homebuyer, but you may not own more than one home upon closing the loan. Must qualify; Have a total housing debt of less than 41% and a total monthly debt of less than 45%, if you are buying a 2-, 3-, or 4-family property; have two-months reserves; if you are a first-time homebuyer or are purchasing a multi-family home, complete a homebuyer counseling course.}

Mortgage Resources

Jun 04

The process was smooth

Winny

May 29

Michelle was very professional, organized and easy to work with. Michelle also had a GREAT personality. I will refer her to many people I know.

John

May 21

As a first-time homebuyer, I was extremely impressed by the expertise, professionalism, and dedication of the team at Bank5. I especially want to recognize Mr. Dennis Hughes, Vice President and Mortgage Sales Manager, who assisted me directly with my loan. His knowledge, patience, and clear communication helped me understand each step of the process, and he completed everything in record time. I truly appreciated his commitment and can-do attitude. I’m grateful for the support and highly recommend Bank5 to anyone navigating the mortgage process.

Ms. Rivera

Apr 04

Karen Flynn was wonderful to deal with. Our last refinance was traumatic so we were not looking forward to doing another one, but she made it painless, patiently explaining every step. Thank you for having a wonderful person like her on your team!

Heidi

Mar 10

I had the pleasure of having Susana doing my mortgage loan. Everything was handled very efficiently and professional. She always took my calls and explained everything in details that I could understand. Thank you so much Susana for all your patience with me, you are at what you do.

Sandra Fernandes-Ferreira

Feb 26

I received full attention with the mortgage and the procedures were very fast.

Ximena

Jun 02

My loan officer is great his help me a lot to put all documents together Iam so grateful to know Dennis

Zoraya

Mar 14

Thank you everyone was very helpful and will recommend bank five to others

Sandra

Feb 07

Thank you Jeff and Robert for your hard work!

customer

Dec 06

Process was fast. Lender was available all times to answer questions.

Ronald

Sep 29

Monica Botelho got us a great mortgage rate in a really rough environment - not only that, but we closed on our house in what must have been close to record time! Thanks Monica! -Nick + Danie

Nick Ravs

Jun 29

I worked with Wilfredo, Omar & Robert from BankFive on the lending loan of my mortgage. They were very helpful, patient and informative. Definitely happy with using this bank and I would recommend it to anyone I know.

Eliza Michelle Asturias

Jun 28

We have been with Bank Five, since they opened their Dartmouth Branch. Always: courteous, concerned, helpful and loyal to their customers and staff. A feeling of extra security in a Family atmosphere. What more could be said! Thank you Bank Five for ‘Being There!’ 🏦👍🗽

Robert & Sharon Morgan

Jun 22

Everyone from the leader to realtor to attorney ect all work as a team

William

May 24

Bank five looked at our situation as a whole to determine the positive outcome of approving our mortgage, and found ways to get things . Something that other lenders said they would do but could not deliver what was promised and caused more harm than good to our situation . James Hanewich was especially good with his job , He had clear communication the whole process and delivered on what he said at the end . Thank you all at Bank Five for helping families own homes and we look forward to a great relationship in the YEARS to come

Paul Aoun

Apr 11

Michelle Guertin and everyone else we worked with at Bank 5 was awesome. Very helpful and friendly. They made our loan process easy. Highly recommend them.

Tim McGee

Feb 01

We had a great experience obtaining a competitive land loan to ultimately be in position to build our dream house. The BankFive representatives were world class, personable individuals who were readily available and helpful each step of the way.

Dan

Feb 01

Prompt. Honest. Upfront. Need sensitive.

Uday

Feb 01

Everyone was very helpful throughout the process - Lindsay and Danielle were great.

Stephen

Jan 11

I encountered a issue with my mortgage payment and the bank couldn't have been more helpful. They actually reached out to notify of the payment issue something I wouldn't have noticed on my own. At a larger bank, it would have gone unchecked and potentially lead to penalties.

Michael

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Pros and Cons of Buying a Fixer-Upper

While a fixer-upper can be a great way to get your foot into an otherwise unaffordable neighborhood, it’s important to consider what it really means to take one on.

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