North Shore Bank

Mass Housing Programs

North Shore Bank is committed to the cities and town it serves and strives to make homeownership a reality for low to moderate income borrowers. That’s why we’ve partnered with MassHousing to offer a number of affordable mortgage programs.

MassHousing is a self-supporting not-for-profit public agency that has provided more than $16 billion in financing to homebuyers, homeowners, developers and owners of affordable rental housing. Founded in 1966, MassHousing does not use taxpayer dollars, but sells bonds to fund its programs and mortgages. The proceeds of these sales are then advanced through a network of approved lending partners — organizations like North Shore Bank.

MassHousing programs typically feature:

  • Low down-payment amounts (as little as 3% for single-family homes, 5% for 2-4 Family properties)
  • Fixed-rate pricing structure
  • No Mortgage Insurance and Lender-Paid Insurance Products
  • Income limits

For information about current NSB mortgages provided through the MassHousing, click on the banners below.

  No MI from North Shore Bank   Operation Welcome Home from North Shore Bank   Mortgage with down payment assistance from North Shore Bank



Operation Welcome Home



MassHousing 100


Click here for mortgage rate and disclosure information.

Find out now about your home buying options and get prequalified for a mortgage at NSB
before you begin the application process. Get prequalified today!

Need to know how much you can afford? Try out one of our convenient mortgage calculators.

For additional information about home buying options at North Shore Bank, contact one of our friendly, knowledgeable mortgage originators, stop in at a branch office or call Customer Support at
 (978) 573-1300 (during normal operating hours).

To get a jump start on your home loan application, visit our Online Mortgage Center.