We have been made aware of a recent scam where customers are receiving texts and calls from scammers claiming to be StonehamBank. StonehamBank will NEVER call you to ask for your User ID, password or verify security codes. If you receive an email, text, call or social media message from someone claiming to be from StonehamBank and you have any concerns about the validity, please contact us immediately.
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Equipped to help you follow your business expansion through to the end.
Construction Loan Options
Builder / Developer Program
Competitive programs are available for area builders dealing in the construction or rehabilitation of single and multi-family residential housing units, as well as for the development of residential subdivisions.
Construction to Commercial Permanent Loans Benefit from a commercial construction and permanent loan with only one set of closing costs. Pay interest-only during the construction period and then payments will convert to principal and interest upon completion of construction. New construction and rehabilitation programs are offered. A licensed general contractor is required.
All products and fees subject to change without notice. Subject to credit approval.