Hingham Institution for Savings - HIFS - Residential Mortgages, Home Equity and Consumer Lending

Home Mortgage Programs

We have the right mortgage for you, whether you are a first-time homebuyer, refinancing, or planning to buy a larger home.

First-class service throughout your mortgage
Our Mortgage Experts live and work within the communities we serve
Get seasoned advice on your best loan options
Local servicing on all loans - you will talk with a real person every time you call us
Convenient Saturday hours

Apply online for a mortgage with us. Click here to view our rates, and then just click to get started.

Adjustable Rate Mortgages
40-Year Mortgage - Our 20/20 Mortgage
Fixed Rate Mortgages
Jumbo Mortgages
First Time Home Buyer Mortgages
Free Mortgage Pre-Approval Information
Download Mortgage PreApproval Form
Free Mortgage Discount Coupon - Save $100 on closing costs!

Adjustable Rate Mortgages (ARM)

Rates lower than fixed mortgages
Can be fixed up to 20 years before adjustment
Several program choices

Check our rates Adjustable Rate Mortgage (ARM) loans provide an initial rate that is usually lower than a fixed rate mortgage. ARM interest rates are subject to change after the initial fixed period. If interest rates are low, an ARM may be a good option for you. This is especially true if the cap (the highest interest rate you may be charged over the loan life) is not more than a few points higher than the current fixed rate.

This mortgage program may be of special interest to you if you don't plan to own the property for very long, or if you know that your income will rise in a few years. At Hingham Institution for Savings we offer 1, 3, 5 and 7 year adjustable rate mortgage products at great rates for both conventional and jumbo financing. Check our rates.

40-Year Adjustable Rate Mortgage - our 20/20 Mortgage

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For those who want to keep monthly payments at a minimum, we also offer a 40-year adjustable rate mortgage, called the 20/20 Mortgage. The 20/20 mortgage is amortized over 40 years and is often offered at a lower rate than the traditional 30-year fixed rate mortgage. This program will give you the best of both worlds: a rate which is fixed for 20 years and a 40-year term to keep your payments low. Our 20/20 Mortgage is one of our most popular loan options, whether you are a first-time buyer, purchasing a second home, or simply interested in keeping monthly payments down while you enjoy the security of an initial rate that is fixed for a long period of time. We also offer Jumbo 20/20 loans up to $3 Million at a slightly higher rate. View our ad

Send us an email or telephone one of our loan officers for more details on any of our Adjustable Rate Mortgage programs. Check our rates.

Fixed Rate Mortgages

Fixed rated from 7 to 30 years
Avoid any rate changes

Check our rates The interest rate for a Fixed Rate Mortgage stays the same for as long as you have the loan, no matter how interest rates change in the financial markets. With this popular mortgage, you know exactly how much you will pay in principal and interest on your home each month.

There are a variety of options available to you with down payments as low as 5%. Hingham Institution for Savings offers Fixed Rate Mortgages with terms from 7 to 30 years. Check with our loan officers to see how low our fixed rates are today. Check our rates

Jumbo Loans

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If you're looking for a competitively priced loan for more than $465,750, you'll find our Jumbo Mortgage to be a very attractive option. We have 10 15 and 30 year jumbo loans at fixed rates. We also offer a full range of adjustable jumbo loans, including a 40-year 20/20 Jumbo Mortgage, and interest-only options. Jumbo loans are available up to $3 Million. Check our rates

First Time Homebuyer Mortgages

Check our rates We have partnered with MassHousing (formally known as the Massachusetts Housing Finance Agency) to offer a program for first-time homebuyers. We understand that buying your first home is a major step. That's why our loan officers will go the extra length to make it happen. Email us or give us a call at 781.749.2200 to find out more about our First-Time Homebuyer Mortgage Program.

Program Features

First-Time homebuyers household income up to $115,000
Available for homes in Hingham, Cohasset, Hull, Marshfield, Norwell, Scituate, Weymouth. and Boston
95% loan to value financing for single family homes
90% loan to value financing for condominiums
Single family home or condominium priced up to $465,750
40-Year Adjustable Rate Mortgage, fixed for 20 years, rate adjustment for remaining 20 years.
Competitive interest rates
No points
Reduced closing costs
Participants required to complete a homebuyer education program

Free Mortgage PreApproval

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Hingham Institution for Savings provides Free Mortgage Pre-Approval with a written response within 24 hours from application. Email us or call our loan officers today at 781.749.2200 for information.

Print out our Mortgage Pre-Approval Form

Click here for our current lending rates


RESIDENTIAL MORTGAGES
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