Loan
Rates as of //
Rates are set by the Bank and subject to change without notice.
Payments shown for fixed and adjustable rate mortgages do not include taxes or insurance. Your payment may be greater. Loans amounts resulting in LTV greater than 80%, may require private mortgage insurance.
Please call us at (617) 376-3500 to verify current rates, terms and APR.
Apply for a Mortgage
Mortgage - Owner Occupied & Second Home
| Loan to Value | Terms (Months) | Fixed Rate | Points | APR | Monthly Payment Per $1,000 | |
|---|---|---|---|---|---|---|
| Conventional | ||||||
|
80% & under
80% & under
|
360
240
|
5.990%
6.375%
|
0
0
|
6.14%
6.58%
|
$5.99
$7.38
|
|
| 80% & under | 180 | 6.250% | 0 | 6.51% | $8.57 | |
| 80% & under | 120 | 6.250% | 0 |
6.61%
|
$11.23 | |
| Jumbo | ||||||
|
80% & under
80% & under
|
360
240
|
5.990%
6.375%
|
0
0
|
6.06%
6.48%
|
$5.99
$7.38
|
|
| 80% & under | 180 | 6.250% | 0 | 6.37% | $8.57 | |
| 80% & under |
120 |
6.250% |
0 |
6.42% |
$11.23 |
| Loan to Value | Type | Initial Rate | Full Index Rate | Points | APR | Monthly Payment Per $1,000 | |
|---|---|---|---|---|---|---|---|
| Adjustable | |||||||
| 80% & under | 1 | 6.000% | 8.125% | 0 | 8.49% | $6.00 - $7.39 12 payments at $6.00/ 348 payments at $7.39 |
|
| 80% & under | 3/1 | 6.500% | 8.125% | 0 | 7.85% | $6.32 - $7.35 36 payments at $6.32/ 324 payments at $7.35 |
|
| 80% & under |
5/1 |
6.750% |
8.125% |
0 |
7.72% |
$6.49 - $7.32
60 payments at $6.49/
300 payments at $7.32 |
- ARMs are variable rate loans and the rate may increase after consummation.
- The Annual Percentage Rate (APR) listed for the fixed and ARMs are based on a $100,000 loan amount, 20% down payment on owner occupied properties with a 30 year (360 month) maturity unless another term is stated.
- Construction loan & investment property rates are available by calling (617) 376-3500
Home Equity - Owner Occupied Apply for Equity Loan(2nd) Apply for Equity Line (HELOC)
| Loan to Value |
Term (Months) |
APR | Index | Maximum Loan Amount |
Monthly Payment Per $1,000 |
|
|---|---|---|---|---|---|---|
| Adjustable Equity Line* | ||||||
| 80% & under | 240 | 7.750% | WSJ Prime | $100,000 | N/A | |
| Fixed Equity Loan** | ||||||
|
80% & under
80% & under
|
120
180
|
6.750%
6.990%
|
None
None
|
$150,000
$150,000
|
$11.48
$ 8.98
|
* Home Equity Line rate is variable and subject to change. The rate will be based on the Prime Rate as published in the Wall Street Journal on the last business day of the month, 7.75% as of 11/8/2024 however Minimum annual percentage rate is 4.00%. Maximum annual percentage rate is 18.00%. 1 ‐ 4 Family owner occupied properties only. Property insurance is required. Flood insurance may be required. Closing costs range from $300 to $600 and will be paid by the Bank for lines $50,000 and above. Other fees may apply. Non activation fees of $100 and prepayment penalties of $350 may apply under certain conditions. Consult your tax adviser about the deductibility of interest.
** APR = Annual Percentage Rate. Minimum loan amount of $20,000. Applies to 1-4 family owner-occupied homes. Assumes a maximum 80% loan-to-value when combined with first mortgage. Subject to credit approval.
Consumer Apply for Consumer Loan
| Loan to Retail Value | Model Year | APR | Monthly Payment Per $1000 | ||
|---|---|---|---|---|---|
| New Auto | |||||
| 90% | 2024 & 2023 | 6.99% | $19.80 for 60 month term | ||
| Used Auto | |||||
| 90% | 2022 & 2021 | 7.49% | $24.17 for 48 month term | ||
|
2020
|
7.49% | $31.10 for 36 month term |
- Business loans add 2% to Rate
NMLS #409557