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*Rates are subject to change without notice. Call a loan officer for
more information at 978-374-0161.
**Annual Percentage Rate
***This adjustable rate is discounted and will probably increase at the
next adjustment, even if economic conditions remain the same.
Adjustable caps are a maximum of 2% per adjustment and will not exceed
6% above the initial rate for the life of the loan. The initial rate is
independent of the index. The index is the average weekly yield on the
U.S. Securities adjusted to a constant maturity of one year, plus a
margin. Rates and terms subject to change at anytime without notice.
Rates quoted assume 20% down on purchase, credit score 680+ and tax and
insurance escrow.
Rates listed are for residential owner-occupied single and two family
properties and condominiums. For rates on owner occupied three and four
family and investment properties, please contact a loan officer at
978-374-0161.
Annual Percentage Rates (APRs) for fixed loans are based on a loan
amount of $125,000 with 20% down. APRs for jumbo loans are based on a
loan amount of $350,000 with 20% down.
No closing option does not include escrow or prepaids. Minimum loan
amount $125,000 and prepayment penalty may apply for first three years.
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