Home Mortgages

Adjustable Rate Mortgages (ARMs)
  • Option of 3-year, 5-year, or 7-year ARM
  • ARMs are available for purchase or refinance of owner occupied, second homes or investment properties
  • Owner Occupied loans up to 85% Loan to Value, with no mortgage insurance required
  • Non-Owner Occupied products for an individual or entity
  • Loans are serviced by WaterStone Bank

Equity Builder Mortgage
The hassle-free low down payment solution
  • Low to no down payment options
  • More money applies to your principal and less applies to interest each month, which results in building home equity very quickly
  • Eliminate mortgage insurance earlier in the life of the loan

Specialized Mortgage Programs for Medical Students and Residents
  • Includes qualifying income based on employment contract
  • Low down payment programs
  • Option of 3-year, 5-year, or 7-year ARM
  • Available for purchase of an owner occupied property

Other Loan Options
Waterstone Mortgage Corporation (a subsidiary of WaterStone Bank) offers additional mortgage options with its wide range of products

Useful Forms