Since 1932, our approach has been to make banking simple and provide commonsense products and service that best meet the evolving needs and lifestyles of our members. With that spirit we invite all our members and community to refer to us as NBCU. As we continue to grow and move forward, our promise is as straightforward as our new name to make banking easy and transparent, and to play a valuable role in our community’s suc [ read more... ]
Partner's Spotlight
2017 NeighborWorks Southern Mass Video
A home is the foundation upon which we build our lives.
2017 NeighborWorks Southern Mass video created by Sticky Story, Inc.
Home Loan Programs* that make Mechanics Cooperative Bank a valuable resource during the home buying process!
As a MassHousing partner we can help provide a range of additional mortgage products and services specifically aimed at supporting affordable housing for homebuyers and homeowners in Massachusetts.
We pride ourselves on matching customers with the right mortgage product to help the approval process and increasing buying power. We offer convenient terms, competitive rates, and fast approvals; as well as knowledgeable Mortgage Specialists to answer any quest [ read more... ]
Not enough savings for a down payment on a home?
MassHousing can help!
MassHousing loans just got even more affordable! For qualified borrowers*, MassHousing now provides down payment assistance for up to 3% of the purchase price or $12,000, whichever is le [ read more... ]
LOOKING FOR AN INVESTMENT PROPERTY? FRMCU CAN HELP!
LOOKING FOR AN INVESTMENT PROPERTY? FRMCU CAN HELP!
*Non-Owner Occupied Mortgages
*1-4 Unit Fixed Rates in the 5’s
*5+ Units 7/1 ARM in the 5’s
* No Mixed Use Prope [ read more... ]
Homeownership in a City you Love!
Homeownership in a City you Love! The Buy Fall River Program. The Buy Cities Program combines mortgage funding from community banks and credit unions with MassHousing’s MIPlus™, mortgage insurance with mortgage payment protection, to promote homeownership in select Massachusetts cities in conjunction with the Fall River/New Bedford Housing Partne [ read more... ]
The City has grant and loan funds available for you!
The City of New Bedford Department of Planning, Housing and Community Development
—The City has grant and loan funds available for you!
Are you a First Time Home Buyer interested in buying your first home?
Do you need repairs to your home or rental property?
Lead paint in your house or rental property?
Need accessibility modifications to your home?
All households must meet HUD income limits to be eligible for these programs. For more information, please call (508) 979-1500 or visit www.newbedford-ma.gov/planning-housing-community-development.
The City of New Bedford will be holding its next F [ read more... ]
Take Control Become Financially Empowered
Take Control Become Financially Empowered
Have you suffered a reduction in income?
Are you having difficulties making your mortgage or rental payment on time?
Facing Foreclosure?
Need help budgeting?
Are you a first time home buyer?
Catholic Social Services, a non-profit, HUD Approved Housing Counseling Agency, is offering financial capability workshops and one-to-one counseling to all, including homeowners and renters facing financial difficulties.
THE COUNSELING IS CONFIDENTIAL AND FREE OF CHARGE
Follow this link for a printable flyer.
Construction Mortgages That Are Just Right for Any Project
Follow this link for a printable flyer.
Loans for Home Buyers
Operation Welcome Home. Affordable financing for veterans and members of the military.
MassHousing Mortgage with No MI. A fixed-rate, low-downpayment loan that does not require mortgage insurance. Learn about our No-MI [ read more... ]
