Community Lending Programs

We have partnered with the local entities to provide neighbors access to programs to help them open the door to home ownership.

We make it easy to

Work with a local team

Purchase your first home

Discover community programs

Community programs for individuals

Federal Home Loan Bank Programs

Walpole Co-operative Bank has partnered with the Federal Home Loan Bank of Boston to provide neighbors with access to homeownership assistance programs. All programs are available on a first-come, first-serve basis, and grant recipients must also attend a homebuyer education/counseling program.

Housing Our Workforce (HOW)
Grants that provide two-to-one matches to eligible homebuyers earning more than 80% and up to 120% of the area’s median income.
Equity Builder Program (EBP)
Grants available to eligible homebuyers with incomes up to 80% of the Department of Housing and Urban Development (HUD) area median income based on property location.
Lift Up Homeownership Program (LUH)
A pilot homeownership assistance program that provides financial assistance to Black, American Indian or Alaska Native, Hispanic, Asian, and Native Hawaiian or Pacific Islander first-time homebuyers making up to 120% of the area median income.
The Lift Up Homeownership Program is classified as a Special Purpose Credit Program under federal law.

Freddie Mac Programs

Walpole Co-operative Bank has partnered with Freddie Mac to help neighbors purchase single-family and multi-residential homes. For both programs, eligible borrowers must participate in a homebuyer education/counseling program.

Home Possible®
Funding available for very low- to low-income first-time buyers, move-up borrowers, and retirees. Visit the Home Possible® Income and Property Eligibility Tool to learn if you are eligible.

Please note, Walpole Co-operative Bank limits the combined loan-to-value (CLTV) to 95% and caps financing for 2 to 4 unit properties at 80% CLTV which overrides the Home Possible program allowances.
HomeOne®
Available to first-time homebuyers looking to purchase a single-family home, regardless of geography or income. Learn more about the HomeOne requirements.

MI Plus from MassHousing

Through its partnership with MassHousing, Walpole Co-operative Bank provides homebuyers with access to MI Plus, MassHousing’s Mortgage Payment Protection Program. The program provides eligible borrowers up to 6 months of principal and interest coverage (up to a max of $4,000/month) directly to their lender, in the event of sudden unemployment.

Get Pre-Approved

By getting pre-approved you can shop for a home knowing exactly your budget.

Local Support

Tyler Stinson
Vice President,
Residential Mortgage/CRA Officer
NMLS#: 1574988

Email: tstinson@walpolecoop.com
Direct Line: (508) 660-6546

Please note: Email is not secure.