Homeownership Dreams Can Be a Reality
Apply now! Funds are Limited.
Monson Savings Bank is providing you access to a variety of homebuyer assistance program options designed to make homeownership more accessible and affordable. We’re here to help you navigate the path to homeownership with confidence. Your dream home is waiting.
Key Features
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Homebuyers Assistance & Support
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Enhanced Down Payment Assistance
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Closing Cost Assistance
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Home Rehabilitation Assistance
Homeownership Assistance Programs
Programs are available for a limited time only. Funds will be awarded on a first-come, first-served basis. Federal assistance programs are subject to funds availability and are not guaranteed by Monson Savings Bank. Loans are subject to credit approval.
Lift Up Homeownership
Up to $50,000 in Assistance for Homebuyers
The FHLBank Boston's Lift Up Homeownership Program is designed to provide enhanced down-payment and closing cost assistance for people purchasing their first home.
Equity Builder Program
Up to $25,000 in Assistance for Homebuyers
The FHLBank Boston's Equity Builder Program, offering grants to help first-time homebuyers earning up to 80% of the HUD area median income with down payments, closing costs, home rehabilitation, and homebuyer education and counseling.
Housing Our Workforce (HOW)
Up to $25,000 in Assistance for Homebuyers
The FHLBank Boston's Housing Our Workforce program, offers grants to help local homebuyers earning more than 80% and up to 120% of the HUD area median income with down payments, closing costs, and homebuyer education and counseling. Buyers must complete homebuyer education/counseling if they are a first-time homebuyer.
Trusted, local lenders ready to help.
Our experienced, knowledgable and friendly Residential Lenders are ready to help you meet your home financing goals.
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Terry Poloski
Vice President
Residential Lending Officer
NMLS ID 23405(413) 267-1232
Email Terry Poloski -
Wil Morales
Assistant Vice President
Community Lending OfficerNMLS ID 1220692
(413) 267-1213
Email Wil Morales -
Charlene Kareta
Mortgage Originator
NMLS ID 458963
(413) 267-1219
Email Charlene Kareta

From Dreaming to Owning:
Your Homebuyer Toolkit
Buying a home involves learning many new terms and concepts, which can be overwhelming. To help you navigate this process, Monson Savings Bank is giving you access to a helpful Homebuying Resource Center that provides clear, straightforward answers to common questions. We invite you to explore it, so you can feel more confident and prepared as you embark on your journey to homeownership.