At Canton Co-operative Bank, we have loan products to meet all of your needs!

Mortgage Rates

Mortgage Type




Payment / $1,000

30 Year Fixed Rate* 6.875% 6.946% 0.000% $6.57
15 Year Fixed Rate* 6.500% 6.614% 0.000% $8.71
5/1 Adjustable Rate* 6.250% 7.205% 0.000% $6.16
After 6 Month Intro Rate**
Prime Rate is currently 8.500%
*Mortgages: The interest rates and annual percentage rates (APRs) shown are effective as of Friday, April 19, 2024 and subject to change without notice. APRs are based on a loan amount of $225,000.00 and assume 20% equity and apply only to 1-4 family, owner-occupied homes; other programs are available. The payment per thousand amount shown includes principal and interest only and DO NOT included taxes and insurance.  Your actual monthly payment will be higher if an escrow account is established or required. Your APR will vary based on your final loan amount and finance charges. Flood insurance may be required. Subject to credit approval.
**Home Equity Lines of Credit: Annual Percentage Rate (APR) as of Friday, April 19, 2024 and subject to change. Introductory rate is 4.990% for 6 months followed by Wall Street Journal Prime minus .50% with auto-pay from a Canton Co-operative checking or savings account. Without auto pay, rate is Prime plus 0%. The introductory rate is available for new home equity lines of credit on owner-occupied 1 to 4 family residential properties. The introductory rate is not available on refinances of existing Canton Co-operative Bank lines of credit, and is not available to customers who previously received an introductory rate on a line of credit for the same property within the past six years.  The floor rate is 4.00%. Prime rate is currently 8.500%. Maximum rate is 18%. Home Equity Lines of Credit are variable rates subject to increase after consummation. Minimum Line is $10,000. Maximum is $500,000. An early termination fee of $400 applies when a Home Equity Line closes within 3 years. Property insurance required. Flood insurance may be required. Home equity lines of credit are not available for homes currently for sale or intended to be sold. Subject to credit approval. 
Other terms and conditions may apply. Consult with your tax advisory about deductibility.
Homebuyer Info Sessions

Postponed – Home Buyers Info Session | April 20, 2024

This event has been postponed and will be rescheduled soon! Please check back here for more details shortly.

Looking for your first mortgage, your first one in decades or something in between? Come to a FREE Home Buyers Info Session! This free session provides a friendly and informative overview of the process of buying a home in a low-key, no pressure environment – from local professionals!

Can’t make it? Want to talk sooner? Contact Anabela Vargas to schedule a personal meeting.

Mortgage Buy


Whether you are buying your very first home, your first one in decades, or something in between, we have the product that is right for you!

Mortgage Refinance


Want to lower your interest rate, reduce your loan term, or consolidate debt? Check out our competitive mortgage and home equity line of credit rates today!

Mortgage Improve


Affordably tap into your home equity with a competitively priced loan or line of credit from $10,000 to $500,000. Our carve out option gives you peace of mind. If you prefer a fixed rate option. Tailor this loan to fit your needs. Apply today!

Mortgage Build


Do you want to buy a fixer-upper or build the home of your dreams? All without having to secure multiple loans? We offer Rehab and Construction loans which let you combine the cost of building and a mortgage into one stress-free loan with just one closing.


Anabela Bela Vasconcelos
Vice-President/Senior Loan Officer

Anabela (Bela) Vargas

“When it comes to being a lender, Anabela Vargas is unique,” says Nick Maffeo, Bank President & CEO. “She is absolutely devoted to compassionately assisting borrowers make what is always a major financial decision. It’s not about ‘volume’ with Anabela. It’s not about ‘getting that loan.’ It’s about using her knowledge and her skill set to see things through properly for every borrower. Anabela Vargas is an exceptionally-talented lender, a truly caring person and we are very fortunate to have her here at Canton Co-operative Bank.”

Come in or call us today at 781-828-8811, ext. 4 for a variety of affordable options or visit our Mortgage Center for more information!

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