Lending Products
Smart Lending from a Bank That Knows You
From buying your first home to financing your next vehicle, Monson Savings Bank offers competitive loan products with local decision-making and personalized service. We lend where we live — and that makes all the difference.
Talk to a Loan OfficerMortgage
Your Home, Your Future — We Help You Get There
Buying a home is one of the biggest financial decisions you'll make, and Monson Savings Bank is here to make the process as smooth as possible. We offer a full range of mortgage products including fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, and first-time homebuyer programs. Our experienced mortgage officers provide step-by-step guidance from pre-approval through closing. Because decisions are made locally, you can expect fast turnaround times and the personal attention you deserve. Whether you're purchasing or refinancing, we're committed to finding the right mortgage for your needs and budget.
- Fixed & adjustable rate options
- FHA & first-time buyer programs
- Fast local underwriting decisions
- Refinancing available
Home Equity Loans
Put Your Home's Value to Work
Your home is one of your most valuable assets — a Home Equity Loan or Home Equity Line of Credit (HELOC) from Monson Savings Bank lets you leverage that value to fund renovations, consolidate debt, pay for education, or handle large unexpected expenses. Our Home Equity Loans offer fixed interest rates and predictable monthly payments, while our HELOC provides flexible access to a revolving credit line. Interest may be tax-deductible (consult your tax advisor). Our local loan officers will help you determine the best product for your goals and walk you through the entire application process.
- Fixed-rate home equity loans
- Flexible HELOC credit lines
- Potential tax-deductible interest
- Use funds for any purpose
Personal Loans
Flexible Funding for Life's Big Moments
Life doesn't always come with advance notice — and when you need funds quickly, Monson Savings Bank's personal loans deliver. Whether you're consolidating high-interest debt, covering medical expenses, funding a vacation, or making a large purchase, our unsecured personal loans offer fixed interest rates and flexible repayment terms of up to 60 months. The application process is straightforward, and because we underwrite locally, approval decisions are made quickly. As your community bank, we evaluate your full financial picture rather than relying solely on a credit score, giving more people access to the funds they need.
- Fixed rates, no hidden fees
- Repayment terms up to 60 months
- Fast local approval process
- No prepayment penalty
Auto Loans
Drive Away with Confidence
Monson Savings Bank auto loans put you in the driver's seat with competitive interest rates on new and used vehicle purchases. We offer terms up to 72 months and loan amounts tailored to your budget, whether you're buying from a dealership or a private seller. Our streamlined application process means you can get pre-approved before you even step onto the lot, giving you negotiating power. Refinancing your existing auto loan to a lower rate is also available — contact us to see how much you could save each month. Local underwriting means personal service, not automated rejection.
- Competitive rates for new & used cars
- Terms up to 72 months
- Pre-approval available
- Refinance your current auto loan