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Mortgage Loan

Instead of throwing money away on rent, build home equity with mortgage payments. We offer a number of different loan options to fit your financial situation and goals. Talk to us about a primary residence, vacation home or investment property loan, and we’ll work to get you terms you can feel good about.

  • Start building financial equity in your own property, including:
    • Primary residences
    • Vacation homes
    • Investment properties
  • Different mortgage loans available, including:
    • Fixed rate
    • Adjustable rate
    • Construction
  • Competitive low rates
  • Flexible terms for affordable payments
  • No prepayment penalty
  • Convenient ways to make payments
  • Zero point options available
  • Local service and decision making
  • Experienced lenders familiar with the local real estate market
  • Dedicated personal service
  • Loans subject to credit approval
If you are a first-time homebuyer, The Dime Bank has a program with you in mind! We know that buying a home is typically the largest purchase you will make. We are here to help.

In an effort to help you purchase your first home, The Dime Bank will waive your document prep fee, if you qualify.

To qualify for the program, you must:
  • not have owned a home within the past three years OR
  • be a displaced homemaker AND
  • you must maintain the home being purchased for at least two years.
Speak with one of our knowledgeable lenders to see how we can be of assistance.

The program can change or be discontinued without notice.
 
The 2026 funding round for First Front Door Keys (Keys) will open on Tuesday, April 7th at 9 a.m. EST.
 

The 2026 Keys program is designed to help first‑generation, first‑time homebuyers. To qualify, you must be:

  • Purchasing your first home, and
  • The first in your family to do so, and
  • Earning 120% of the area median income or less.

Available Grant:
Eligible homebuyers may receive up to $15,000 toward their purchase

Buyer Contribution:
Homebuyers must contribute at least $1,500 toward their own down payment and closing costs.

The 2026 funding round for First Front Door (FFD) will open on Tuesday, May 19th at 9 a.m. EST.
 
FFD is a homebuyer grant program of FHLBank Pittsburgh that can help qualified first-time homebuyers. FFD provides down payment and closing cost assistance to eligible first-time homebuyers. Offered through participating FHLBank Pittsburgh (FHLBank) members that provide first- mortgage financing, by contributing a minimum of $1,500 toward down payment and closing costs, homebuyers are eligible for a maximum FFD grant of $15,000.

At The Dime Bank, we believe that access to homeownership is key to strong communities. Our affordable lending programs aim to support homeownership by providing opportunities to low-to-moderate income customers and communities as well as first-time home buyers.

With The Dime Bank’s  Affordable Lending Program, you get the benefit of increased buying power with:

  • Lender Credit: a lender credit for 1.5% of the loan amount to help cover closing costs.
  • Waived fees: Loan Level Pricing Adjustment (LLPA) fees will be waived. LLPA fees are risk-based fees imposed by mortgage companies based on the LTV, credit score, and special loan characteristics of an application.
  • Low Down Payment: a low 3% down payment option that can come from a variety of sources.
  • Education: financial literacy education for borrowers utilizing this program may be required. Education can be obtained by a HUD-approved counseling agency or Mortgage Insurer, Freddie Mac’s Credit Smart ® Homebuyer U, or by NeighborWorks NEPA.
  • Income: borrower income must be 80% or less than the Area Median Income to be eligible. Area Median Income is calculated yearly by the Department of Housing and Development (HUD) and can be found on HUDs website.

We also participate in Freddie Mac’s Home Possible® mortgage program to get you in the home of your dreams with a mortgage that is right for you, no matter what stage of life you are in!

Speak with one of our knowledgeable loan officers today. We are eager to assist you with your home purchase. 

SE HABLA ESPAÑOL.

We are here to give you the one-on-one attention you deserve while purchasing a home.
 Please call one of our very helpful mortgage representatives:
  • For our Honesdale, Hawley (downtown and Lake Region), Damascus, and Carbondale branches please call 1-570-229-7575 to reach Melanie F. Seagraves, Vice President, Residential Mortgage Originator (NMLS #440524)
  • For our Greentown and Dingmans Ferry branches please call 1-570-575-7070 to reach Arlyce M. Degnan, Mortgage Loan Originator (NMLS #781409)
At The Dime Bank we always act in the best interest of our customers. In order to comply with the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), The Dime Bank has registered all Dime Bank Mortgage Loan Originators (MLO) in the Nationwide Mortgage Licensing System and Registry. Each registered MLO has been assigned a Unique Identifier number. The Dime Bank's NMLS number is 431592.
 

If you have any questions or concerns regarding compliance with the SAFE Act, please contact Linda M. at 1-570-253-1970 x7747

Visit our online Mortgage Web Center for rates and frequently asked questions.

Find helpful mortgage tips from the Consumer Financial Protection Bureau.

For tips and tools on purchasing your first home, visit Readynest.com.
If you believe your account contains an error regarding the servicing of your loan or you would like to request information regarding your account, mail a written request to us as soon as possible at the following address:

The Dime Bank
820 Church Street
PO Box 509
Honesdale PA 18431

In your written request to us, provide the following information:
  • Your name;
  • Your account number; and
  • For a Notice of Error: a description of the error you believe has occurred during the servicing of your loan and if possible, any details that explain why you believe there is an error.
  • For an Information Request: a statement of the account information you are requesting.
We will review and research your written request and provide a response to you.




The Dime Bank believes in creating amazing customer experiences with the best in banking online and in person so your financial goals become your reality. We're your community bank with several branches in Northeast Pennsylvania.

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Calculators

Making it easy to manage your money.

Use our financial calculators to create a budget, compare loan costs, and plan for your future.