Biddeford Savings,
helping you on your path to homeownership


Looking To Buy A Home

Not only do we have experience and technical expertise with a variety of home mortgages, we have the flexibility of a local community bank that corporate giants just can't match such as personalized service and retained servicing of your loan.  We make all loan decisions locally so approvals are made quickly with a faster turnaround time than the larger banks. When you call for information about your home loan you'll be talking to someone right here at the bank.

Start Online Mortgage Application Checklist How Much Home Can I Buy


First Time Homebuyer

The First Time Homebuyer Program at Biddeford Savings can help you build equity faster and save your money with lower monthly loan costs than an FHA (Federal Housing Administration) loan! More of your monthly dollars are going towards paying down your mortgage so that your mortgage is paid off faster.

  • 10% down payment and no PMI
  • Down payment can be a gift
  • In-house servicing
  • Experienced lenders to walk you through the process

Start Online FAQs for First Time Homebuyers Path to Homeownership


Refinance Your Mortgage

If you answer "yes" to any of the questions below, you may be in a great situation to refinance your home: We’ll work with you to determine if now is the best time to refinance and if so, what the best loan option for your situation. With Biddeford Savings you will experience personalized service, a dedicated loan originator and loan officer and local decision making.

  • Is your current rate .50% or higher than Biddeford Savings current rates?
  • Do you need to lower your payment due to loss of income or retirement?
  • Are looking to shorten your current term due to an increase in your income or other factor?
  • Are you looking to pay off your mortgage sooner so you can become debt free?
  • Do you currently have an adjustable rate mortgage and would like to convert to a fixed rate loan?

Contact Us Now Should I Refinance?


Home Equity Lines of Credit

With a Home Equity Line of Credit you get the money you need for a new kitchen, roof, landscaping, school tuition, debt consolidation or even a much deserved vacation - anything you dream of! The amount of money you borrow depends on the equity you have in your home.

  • Looking to fix a portion of your home equity line of credit
  • Looking to begin the process of applying for a home equity line of credit
  • Looking to consolidate high interest debt
  • Looking to add value to your home with a major home improvement
  • Looking to cover unexpected costs or medical expenses

Contact Us Now

Contact Us Now