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Your Fall River
Lender and Mortgage Resource
| Why Mortgage Lenders Plus? |
| Certified lenders compete for your loan and you compare and choose from multiple offers online! |
Trained consultants are available to assist you whenever you need them. Apply Today |
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Would you like to buy or refinance a home in Fall River? You're going to need a home loan, or mortgage, to do that. Mortgage rates differ throughout the country; our Fall River mortgage lenders strive to provide the best mortgage rates available in the Fall River area. Back to Massachusetts Mortgage
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Search and Compare Mortgage Rates
The next step is hunting down the best mortgage for that Fall River home for purchasing or refinancing. An excellent starting point is here: simply give us an idea of the type of loan you want. You will receive bids from multiple Fall River lenders that will compete to provide a loan at the lowest rate, matching you with nearly 8 Fall River mortgage lenders. Your mortgage may be for a new home, refinancing or perhaps a home equity loan - in any case, the best way to start is to see what everybody offers.
How much of a Mortgage?
Mortgage affordability is important to the bank, but crucial for you. As of 2005, the average Fall River mortgage payment was $1,356 which will give you an idea of what you can expect even with historically low rates. Our mortgage calculator will help you plug in the critical components so that you can determine how large a home loan is reasonable for your Fall River home.
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Fall River Mortgage Lenders
Fall River is a major city in Massachusetts with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as:
Citizens Union Savings Bank, Gmac Mortgage, Fall River Five Cents Savings Bank, First Federal Savings Bank Ame, Lafayette Federal Savings Bank, First Horizon Home Loan Corporation, Southcoast Mortgage And Investment.Select Financial Mortgage Corporation.
Fall River Mortgage & Real Estate Market
In 2006 Fall River housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Fall River was $265,300. This number is big in comparison to the median home value back in 2000 of $132,900. Fall River has a solid home ownership base with 43,711 houses and apartments and 32% of those are occupied by their owners. Despite the current market, historically Fall River has been a city where people move, buy and stay - with 53% of homeowners currently paying off a mortgage. About 13% of the city's current homeowners are carrying a second mortgage or home equity loan.
| IG Mortgage Company |
1 Vine Street
Methuen, MA
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Phone: 1-866-569-5691
Ask for: Scalia Bob
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| Special Mortgage Programs |
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Call Bob Scalia at 1-866-569-5691
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Fall River, MA Real Estate Market View
updated Saturday, May 17, 2008
| Housing |
Fall River, MA |
United States |
| Home Appreciation |
1.80% |
9.80%
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| Median Home Cost |
$359,500 |
$217,200
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| Homes Rented |
60.54% |
21.45%
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| Homes Owned |
32.05% |
64.07%
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Popular Cities and Towns
| Location |
Population |
Median Family Income (2005) |
| Boston |
589,141 |
$39,629 |
| Brockton |
94,304 |
$39,507 |
| Brookline |
57,107 |
$66,711 |
| Brookline |
57,107 |
$66,711 |
| Cambridge |
101,355 |
$47,979 |
| Fall River |
91,938 |
$29,014 |
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Fall River Mortgage Statistics
| Category |
Value |
| First Mortgage Only |
53% |
| 2nd Mortgage or Home Equity |
13% |
| Homes With No Mortgage |
34% |
| Second Mortgage Only |
5% |
| Home Equity Loan Only |
9% |
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Additional Fall River Lenders
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Citizens Union Savings Bank
4 South Main St
Fall River, MA 02721
(508)-678-7641
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Gmac Mortgage
101 Jerimiah V. Sullivan Drive, 4th Floor, Suite #4
Fall River, MA 02721
(508)-679-9003
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Fall River Five Cents Savings Bank
79 North Main Street
Fall River, MA 02722
(617)-679-8551
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First Federal Savings Bank Ame
33 Sullivan Drive
Fall River, MA 02721
(508)-675-9111
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Lafayette Federal Savings Bank
60 Bedford St
Fall River, MA 02720
(508)-679-1961
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First Horizon Home Loan Corporation
275 Martine St Ste 203
Fall River, MA 02723
(888)-870-1610
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Southcoast Mortgage And Investment
45 North Main Street
Fall River, MA 02720
(508)-324-4869
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Select Financial Mortgage Corporation
222 Milliken Blvd Ste 3
Fall River, MA 02721
(508)-676-8517
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0.035%
0.011%
Common Sense