scroll

CHAMP

Low-interest mortgages for affordable housing

Contact Us

Helping CT and RI landlords build affordable housing in their communities

Dime’s CHAMP program, designed for landlords, provides them low interest rates to help them make more affordable housing a reality.

Why CHAMP Loans?

Special program & flexible terms

Let's build a better community together

Contact Expert

The program in a nutshell:

  • CHAMP = Creating Housing Affordable Mortgage Program
  • A flexible loan program for landlords in Connecticut and Rhode Island
  • Offers below market interest rates for purchase and rehabilitation of vacant properties
  • This program is singly focused on helping landlords succeed and, at the same time, helping them build & offer more affordable rental units for low- and moderate-income populations
  • Up to 90% financing available

Program highlights include:

  • Dime Bank will provide financing at below-market rates
  • Fixed term of 10 years, after which the loan reverts to the current market rate
  • Maximum term is 26 years including, as needed, up to 1st year construction phase
  • Loan amounts up to $500,000, with possible increases at Dime Bank’s sole discretion
  • Eligible properties include 2-4 family homes, and must be vacant at time of purchase
  • No application fee
  • Please contact one of our team members to learn more about this program

We want to make a difference in affordable housing

  • Dime Bank is dedicated to meeting the housing needs of the low- and moderate-income population in our community
  • If you are an experienced landlord who would like to partner with us in this effort, please contact us for more details

We want to help you realize your dreams

At Dime Bank, we strive to be the best community bank in Connecticut and Rhode Island by helping you realize your financial goals…

Dime’s full line of Loan Products – home mortgages, equity lines, personal loans, and more – are part of the plan. Whether you are buying a new home, tackling a major renovation, buying that new car, or pulling off the perfect wedding, we have a range of custom-designed loan products to meet your specific needs and help make your dreams come true.

Residential Lenders (1-4 Family)

Karen C. Roman  Headshot

Karen C. Roman

VP, Senior Residential Lender
NMLS ID# 768418

860.859.5959
[email protected]
Jeanne M. Lussier  Headshot

Jeanne M. Lussier

AVP, Residential Loan Originator
NMLS ID# 954464

860.739.2192
[email protected]
Kevin S. Owren Headshot

Kevin S. Owren

AVP, Residential Mortgage Originator
NMLS ID# 768404

401.388.9931
[email protected]
Katherine E. Morano Headshot

Katherine E. Morano

AVP, Residential Loan Originator
NMLS ID# 768396

860.859.4383
[email protected]

Thomas Tarascio

AVP, Residential Loan Originator
NMLS ID# 1565524

860.383,1749
[email protected]

Daniel Ursin

AVP, Residential Loan Originator
NMLS ID# 1214784

860.494.4246
[email protected]

Commercial Lenders (5+ Family)

Brian McNamara Headshot

Brian McNamara

SENIOR VP, CHIEF LOAN OFFICER

860.859.5971
[email protected]
John Estelle Headshot

John Estelle

VP, SENIOR COMMERCIAL LOAN OFFICER

860.859.5957
[email protected]
Chris Gauthier Headshot

Chris Gauthier

VP, SENIOR COMMERCIAL LOAN OFFICER

860.859.5954
[email protected]

Ryan Leap

VP, SENIOR COMMERCIAL LOAN OFFICER

860.859.4300
[email protected]
William Rosadini Headshot

William Rosadini

VP, SENIOR COMMERCIAL LOAN OFFICER

860.859.5972
[email protected]
Gerald R. Tavernier, Jr. Headshot

Gerald R. Tavernier, Jr.

VP, Senior Commercial Loan Officer

860-494-4102
[email protected]
Beth D'Amato Headshot

Beth D'Amato

VP, COMMERCIAL LOAN OFFICER

860.859.4304
[email protected]
Robert Buckley Headshot

Robert Buckley

VP, COMMERCIAL LOAN OFFICER

860.859.4359
[email protected]
Cindy Palmer Headshot

Cindy Palmer

ASSISTANT VP, COMMERCIAL LOAN OFFICER

860.859.4378
[email protected]
 Denise Ogden Headshot

Denise Ogden

CORPORATE OFFICER, COMMERCIAL LOAN OFFICER

860.859.4381
[email protected]