First Time Home Buyers Program
Find your dream home. Watertown Savings Bank will help you get it.
First Time Home Buyer Program
Watertown Savings Bank wants to support residents looking to invest in their first home.
Take advantage of our great rate for first-time homebuyers. Receive a $550 discount on closing costs!
The advertised rate requires a:
- 20% down payment
- Credit score of 740 or higher
- Set up an auto-payment from a Watertown Savings Bank checking account.
If you have less than 20% to put down, add .50% to the rate, and if your credit score is below 740, add .250% to the rate. You'll still have a competitive rate! Plus, you will also receive a $550 discount on closing costs.
In addition, Watertown Savings Bank partners with Waltham Alliance for Teaching Community Organizing & Housing (WATCH CDC); Housing Corporation of Arlington; and Metro West Collaborative Development (Metro West CD) to educate first-time home buyers.
Learn more about all of WSB's mortgage options.
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