MountainOne joins federal home loan program

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NORTH ADAMS — MountainOne Bank has been selected to participate in the Federal HomeLoan Bank of Boston's Equity Builder Program which assists local homebuyers with down-payment and closing costs, and provides homebuyer counseling and rehabilitation assistance.The$3.1 million program provides grants to financial institutions to assist households at or below 80 percent of the area median income. Borrowers are eligible to receive up to $5,500 in assistance on a first come, first served basis. Buyers must also complete a homebuyer counseling program.MountainOneBank is eligible to receive up to $110,000 in 2018 through the EquityBuilder Program depending on availability of funds. Information: www.mountainone.com, or call 855-444-6861.


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