Purchasing a Home: Your Next Chapter Begins Here Icon

Purchasing a Home: Your Next Chapter Begins Here


Buying a home is one of the most important financial decisions you’ll make.  Here at RTN, we work closely with you to make sure you receive the mortgage that best suits your needs.  Our staff is experienced in all aspects of the home-buying process, so you can rely on top-notch advice and guidance from the experts.

RTN mortgages are available for primary residences as well as second homes located in New England. Rates are locked in for up to 60 days, and our closing costs are competitive and affordable.

Single Family Homes and Condos

  • Loans up to $1,000,000
  • No point options
  • Financing up to 95%
  • Fixed rates at 10, 15, 20 and 30 year terms
  • Three adjustable rate options, 30 year terms:
    • Rate is fixed for three years, then adjusts every three years thereafter (3/3)
    • Rate is fixed for the first five years, then adjusts annually (5/1)
    • Rate is fixed for the first seven years, then adjusts annually (7/1)

Additional terms and conditions may apply. No closing cost options are also available. Purchases with less than 20% down will require Private Mortgage Insurance (PMI).

Second Homes

The Credit Union finances vacation homes and homes you plan to use for your retirement at the same great rates and terms offered on mortgages for primary residences.

Two- to Four-Family Owner Occupied Homes

Mortgages are available for two to four-family, owner occupied residences at a variety of rates and terms.

Construction Loans (Owner Occupied, Primary or Second Homes Only)

For information on RTN Construction Loans, contact our Mortgage Department at 781-736-9859 or mortgage@rtn.org.

Non-Owner Occupied Homes (Commercial Real Estate)

RTN provides loans for non-owner occupied homes. For details, call Tim Brown, Senior Commercial Services Officer, at 781-736-9984 or 781-727-7286 or email Tim at tbrown@rtn.org.

Tax Savings

Interest payments on your mortgage loan may be tax deductible (within qualifying IRS regulations). Check with your accountant or tax advisor.

Our Mortgage Specialists are available to answer your questions and concerns. Contact us at 781-736-9859 or mortgage@rtn.org. You may also visit an RTN branch to meet with one of our Mortgage Consultants.

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First Time Home Buyers

First-Time Home Buyers

We offer special discounted-rate mortgages for first-time home buyers that can save you thousands of dollars. And our free seminars prepare you for home ownership by teaching you what you need to know about the home-buying process.

Need a preapproval?
Many sellers require buyers to have a preapproval letter before they will accept an offer.

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