Mortgages

Let’s Open
a New Door, Together.

Buying a home should feel exciting, not overwhelming. With local experts, clear guidance, and rates you can count on, we’re here to help you turn your “someday” house into today’s new home.

Apply Now

30-Year Fixed Rate Mortgage

6.291%

APR*

*See rate details →
Important Loan Information:

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $400,000 and an estimated property value of $500,000. The property is located in MA and is within Middlesex County. The property is an existing single-family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 60 days, and the assumed credit score is 720.

At a 6.250% interest rate, the APR for this loan type is 6.291%. The monthly payment schedule would be:

• 359 payments of $2,462.87 at an interest rate of 6.250%
• 1 payment of $2,462.44 at an interest rate of 6.250%

Minimum payment does not include taxes and homeowner's insurance, and the actual payment may be greater.
Learn More

10-Year Adjustable Rate Mortgage

6.253%

APR*

*See rate details →
Important Loan Information:

The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $400,000 and an estimated property value of $500,000. The property is located in MA and is within Middlesex County. The property is an existing single-family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 60 days, and the assumed credit score is 720.

At a 6.000% initial interest rate, the APR for this loan type is 6.253%, subject to increase after consummation. Based on current market conditions, the monthly payment schedule would be:

• 120 payments of $2,398.20 at an interest rate of 6.000%
• 239 payments of $2,520.45 at an interest rate of 6.625%
• 1 payment of $2,520.46 at an interest rate of 6.625%

Minimum payment does not include taxes and homeowner's insurance, and the actual payment may be greater.
Learn More

Fixed Rate Mortgage

No matter what your dream home looks like, a fixed rate mortgage from Reading Cooperative Bank can help make it a reality, with a competitive 6.25% interest rate* and 6.291% Annual Percentage Rate (APR)** that provides long-term stability. With a fixed rate mortgage, your interest rate and monthly payments stay the same over the life of the loan, meaning you can lock in your rate and monthly payments now and pay off your home without surprises in the future.

*Offer subject to credit approval and loan level adjustments. Fixed Rate Mortgage rates and terms are effective as of 07/01/2026 and are subject to change at any time without notice.

**APR = Annual Percentage Rate. It’s the annual rate that is charged for borrowing, expressed as a single percentage number that represents the actual yearly costs of funds over the term of the loan. This includes any fees or additional costs associated with the transaction.

Types of Mortgages

Fixed Rate Mortgage

This longer-term loan option allows for lower monthly payments, and the principal and interest payments will stay the same for the life of your loan.

Adjustable Rate Mortgage

Plan to stay in your home only for a short time? Expect your income to increase? Get a lower interest rate and payment at the beginning of the loan and lock your interest rate for a set period of time.

One+ Mortgage

The ONE+ Mortgage Program is designed to reduce financial barriers to home ownership* for first-time homebuyers in select MA communities.

  • First-Time Homebuyer Status
  • Residency in One of the 29 Communities – Attleboro, Barnstable, Boston, Brockton, Chelsea, Chicopee, Everett, Fall River, Fitchburg, Framingham, Haverhill, Holyoke, Lawrence, Leominster, Lowell, Lynn, Malden, Methuen, New Bedford, Peabody, Pittsfield, Quincy, Randolph, Revere, Salem, Springfield, Taunton, Westfield, or Worcester.
  • Income Limits (rate reduction dependent on income level and program parameters)
Apply Today
Contact a Lender

Fixed & Adjustable Mortgage Rates

For important loan information and rate disclosures, please click on the red APR rate.

Try Our Mortgage Rate Calculator

Hear From Customers Like You.

  • “Small banks 🏦 like Reading Cooperative outshine the big banks every time. Amazing personalized service. High quality products.”

    William B

  • “My wife and I just closed on our first home in Boston, and got our mortgage through Reading Cooperative Bank. They offered us a very competitive rate, but more importantly, their customer service throughout the whole process was incredible. Really, we couldn’t have asked for more.”

    Alex Bl

  • “Reading cooperative bank is one of few cooperative banks that has firmly endorsed measures to ensure it remains a cooperative bank and is not acquired by a conglomerate. Led by one of the rising business CEO’s who just happens to be a woman, Reading Cooperative bank is unique.”

    AC Auto

  • “Very friendly bank that has been nothing but helpful to me and my business for over fifteen years.”

    James V

  • “Very good bank. They offer all of the Services the big banks do but they have better customer service and treat their customers better. They make you feel like you’re more than just a number.”

    Christopher B

Ready to Get Started?

Apply Now
Contact Us
RCB Dots Shape