Northeast Bancorp : Bank Launches Heroes Advantage Mortgage Program
November 18, 2016 at 11:31 am EST
Share
Northeast Bank announced today a new mortgage loan program targeted to community heroes. The new program provides a $750 closing cost credit to local educators, law enforcement officers, firefighters, healthcare workers and military personnel.
'Northeast Bank is committed to helping those on the front lines of our community achieve the dream of homeownership,' said Jeanne Hulit, President of the Community Banking Division. 'We hope this program will be a way to say 'thank you' to everyday heroes in our communities.'
If you are a 'hometown hero' seeking to purchase a new home, you could qualify for $750 in closing cost discounts. For information on whether you qualify, talk to a Northeast Bank loan officer, or visit www.northeastbank.com/heroes.
About Northeast Bank
Northeast Bancorp (NASDAQ: NBN) is the holding company for Northeast Bank, a full-service bank headquartered in Lewiston, Maine. We offer traditional banking services through the Community Banking Division, which operates ten full-service branches that serve customers located in western, central, and southern Maine. From our Maine and Boston locations, we also lend throughout the New England area. Our Loan Acquisition and Servicing Group (LASG) purchases and originates commercial loans on a nationwide basis. In addition, our Small Business Lending division supports the needs of growing businesses nationally. Information regarding Northeast Bank can be found on its website at www.northeastbank.com.
NMLS ID #483424
Northeast Bancorp published this content on 10 November 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 November 2016 16:31:11 UTC.
Original documenthttps://www.northeastbank.com/newsroom/northeast-bank-launches-heroes-advantage-mortgage-program
Public permalinkhttp://www.publicnow.com/view/FDC717E1F1FFB46FEC5FB7588FB7B2630F2B766E
Northeast Bank (the Bank) is a full-service financial institution. The Bank gathers retail deposits through its seven full-service branches in Maine and through its online deposit program, ableBanking; purchase and originate commercial loans, typically secured by real estate, on a nationwide basis through its National Lending Division, and originate loans through the Community Banking Division and Small Business Administration (SBA) National Division. The National Lending Division purchases primarily performing commercial real estate loans, on a nationwide basis, typically at a discount from their unpaid principal balances. The National Lending Division also originates commercial real estate and commercial and industrial loans on a nationwide basis. The SBA National Division originates loans to small businesses to help provide funding opportunities nationally. The Community Banking Division originates loans directly to businesses located in its market area.
NORTHEAST BANK 
