The amazing disappearing mortgage

Pay off your mortgage before you retire!

3.098% APR*

Fixed for 5-12 years

No Points, No Appraisal or Application Fees

Refinance your existing home loan. Choose your term, from 5-12 years, and watch your mortgage disappear. There are NO appraisal or application fees!

Make The Extraordinary Possible!

Apply Online

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Call 781.665.2500 or Contact Us

* 3.098% Annual Percentage Rate (APR) effective as of 10/9/2019, is fixed for five - twelve years, and would result in 60 - 144 monthly payments of between $17.96 and $8.27 per $1,000 borrowed for principal and interest, depending on the term selected. Valid for refinance transactions of owner-occupied, 1-4 family and condominium units only; not available for home purchases. Current Melrose Bank mortgage customers refinancing must increase their existing mortgage balance by at least $50,000. Payments will also include escrow amount for taxes which will increase your monthly mortgage payment. Offer available for loan amounts up to 70% of the home’s current tax assessed value, with a minimum loan amount of $100,000 and a maximum loan amount of $250,000. Other rates and terms are also available for loans that do not meet these criteria, so please contact us. This program is available for a limited time only and may be withdrawn without notice. All loan requests are subject to credit approval.