Union Bank is one of the leading mortgage lenders in the region. We have been helping customers in Vermont and New Hampshire buy their own homes since 1891. We’ve consistently earned “outstanding” ratings from the FDIC (the highest rating afforded to any banking institution) for our community reinvestment efforts, and commended for the excellent options we provide to borrowers of all income levels — including low and moderate-income borrowers. We were also recognized by the US Department of Agriculture (USDA) as its Rural Development (RD) Home Loan Lender of the Year for Vermont in 2013, 2014 and 2015.
Learn more about the mortgage options and rates we offer. We strive to bring you the best mortgage rates in VT and NH. Our friendly lending team is available at your nearest branch or loan center location to answer your questions and help you figure out what type of mortgage would best meet your needs.
Fixed-Rate mortgages provide a predictable, set interest rate and payment that stays constant over the life of the loan. Our fixed-rate mortgages can be used to purchase or refinance your primary or vacation home, or for one-to-four-family investment properties.
A fixed-rate loan makes it easy to fit your mortgage payment into your monthly budget since the amount never changes. You can also lock in historically low interest rates before they rise again.
Check current rates and apply for a fixed-rate mortgage online, or download an application below and come to your nearest branch to apply.
Adjustable-Rate Mortgages (ARMs)
ARMs generally have an initial, fixed-rate period. At the end of that time, your interest rate increases or decreases, depending on the specific terms of your mortgage. ARMs can be used to purchase or refinance your primary or vacation home, or for one-to-four-family investment properties.
ARM loans may be desirable for homebuyers who only plan to stay in their “starter house” for a few years. They can also be refinanced into a fixed-rate or new ARM.
Check current rates and apply for an ARM mortgage online, or download an application and come to your nearest branch to apply.
First-Time Home Buyer & Affordable Housing Programs
These are mortgages with low and no down-payment options to help first-time home buyers and low-to-moderate-income borrowers purchase a home. Call us or stop by your nearest branch in northern Vermont or northern New Hampshire to find out if you’re eligible for a first-time home buyer or affordable housing program.
Union Bank’s partnerships with FHA, VA, USDA Rural Development (RD), Vermont Housing Finance Agency (VHFA) and New Hampshire Housing Finance Agency (NHHFA) allow us to finance and promote affordable, safe and decent housing opportunities for qualifying borrowers with limited down payment resources and/or low-and-moderate-incomes.
Or download our printable applications. Each PDF contains instructions and “field fillable” boxes you can type directly into. Once completed, simply print out, sign and deliver (or mail) to any of our locations.