PERSONAL BANKING
Mortgages and Home Equity Loans Built Around You
Buying a home or tapping into your equity is a big decision. At Partners Bank, mortgages and home loans are guided by real conversations, local knowledge, and a lending team that takes the time to understand your goals.
WHY IT MATTERS
Support for Important Home Financing Decisions
Home lending isn't one-size-fits-all. Partners Bank works with customers across Maine and New Hampshire to provide mortgage and home equity loan options supported by local knowledge, insight, and clear communication. This support helps you:
Understand available loan options
Navigate the application and closing process
Make informed decisions at each step
Build a long-term banking relationship beyond closing
HOW IT WORKS
How the home lending process works
While every situation is different, most customers follow a similar path when applying for a mortgage or home equity loan:
Explore options
Speak with a local mortgage specialist about goals, timelines, and financing needs.
Apply and prepare
Complete an application and provide required documentation.
Review and close
Work with your lender through approval and closing.
Move forward with confidence
Continue the relationship with local support after closing.
OUR OFFERINGS
Mortgage and Home Loan Options at Partners Bank
Fixed Rate Mortgages
A fixed rate mortgage offers long-term stability with a monthly payment that stays the same for the life of the loan. This option can make budgeting easier and may be a good choice if you expect interest rates to rise.
- Consistent monthly payments that never change over the loan term
Adjustable Rate Mortgages (ARMs)
Adjustable rate mortgages typically offer lower initial interest rates and monthly payments than fixed rate loans. ARMs may be a good option for borrowers who do not plan long-term ownership or expect interest rates to decrease. Annual and lifetime rate caps provide protection if rates rise.
- Lower starting rates with annual and lifetime interest rate caps
Jumbo Loans
Jumbo loans are designed for higher-priced homes that exceed conventional loan limits. These loans function similarly to traditional mortgages and may be available with either fixed or adjustable rates.
- Financing options for higher-priced homes with fixed or adjustable terms
Construction & Land Loans
Partners offers a single-closing construction mortgage designed to make building a home easier. During construction, interest is charged only on funds used, with disbursements based on completed work. Once construction is finished, the loan converts to permanent repayment terms without a second closing.
- Single-closing construction loan that converts to permanent financing
Home Equity Line of Credit (HELOC) & Home Equity Loans
A home equity line of credit allows you to access available equity as needed without reapplying for a new loan. This option offers variable rates, interest-only payments, and flexible access through checks or online banking.
- Ongoing access to home equity with flexible borrowing and interest-only payments
OUR TEAM
Meet the Partners Mortgage Lending Team
Our mortgage consultants work with you through the entire process, recommending the loan that best fits your needs and your timeline.
Stephen Sessler
SVP, Senior Retail Lender
Main Office, Sanford, ME
(207) 608-4332
NMLS #83095
Kimberly Stewart
AVP, Mortgage Consultant
Main Office, Sanford, ME
(207) 608-4339
NMLS #801437
Alison Fitting
Mortgage Consultant
Limerick | Waterboro | Wells
(207) 459-1812
NMLS #1339156
Nicole T.M. Ames
Mortgage Consultant
South Sanford
(207) 651-8067
names@partners.bank
NMLS #2370119
Leo Ichim
Mortgage Consultant
York
(207) 608-4356
NMLS #1911432
Jennifer Hartley
Mortgage Consultant
Main Office, Sanford
(207) 608-4307
NMLS #713012
Jared LeClaire
Mortgage Consultant
Kingston | Portsmouth | Rye, NH
603-498-7138
NMLS #2070715
FIRST-TIME BUYERS
Support for First-Time Home Buyers
First Time Home Buyers
Buying your first home can feel overwhelming. Partners supports first-time homebuyers with step-by-step guidance throughout the mortgage process, helping make the experience clear, manageable, and as stress-free as possible.
- Step-by-step guidance from loan originators throughout the homebuying process
GOVERNMENT PROGRAMS
Making Home Ownership More Accessible
Government Loan Solutions (VA, Rural Development & State Housing)
Government-subsidized loan programs help make homeownership more accessible for those who qualify. Partners offers VA, Rural Development, and State Housing Agency loans, with guidance available to help determine eligibility.
- Access to government-backed loan programs for qualified borrowers
WHAT YOU GET
Features That Make Home Lending Easier to Manage
Local lending expertise
Mortgage and home equity loan specialists understand housing markets throughout Southern Maine and Seacoast New Hampshire.
Flexible loan options
Choose from mortgage and home equity solutions designed to support different needs.
Clear communication
Know what to expect at each stage of the lending process.
Digital access
Use online tools and resources to stay informed and organized.
Relationship-based support
Get guidance before, during, and after closing.
PLAN AHEAD
Calculators and Tools to Help You Plan
Partners Bank provides online tools to help you explore home financing scenarios before applying. Calculate your estimated monthly mortgage payment based on your home loan.
WHY PARTNERS
Why Choose Partners?
At Partners Bank, mortgage lending isn't one-size-fits-all. We build it around how you actually live, whether that means walking a first-time buyer through every step of the process or structuring a home equity line that fits the way you access funds. As your needs change, our approach scales and adapts with you, backed by a team that knows your name.
QUESTIONS
FAQs About Mortgages and Home Loans