No other bank
in the area understands the people of this region and their dreams
better than Skowhegan Savings Bank. Our team of experienced mortgage
lenders is here to help you along the way to home ownership. Whether
you are a first-time home buyer or an experienced homeowner, we are
here to help you achieve your dream. Our reputation for making all
decisions locally gives you the peace of mind knowing that your loan
will be handled by people who live and work in the community just
like you. Skowhegan Savings Bank offers a full range of products and
services designed to fit your individual needs.
If you have
any questions about any of our mortgage loan products, please call
us at 1-800-303-9511.
|
Fixed Rate Residential Mortgage Loans |
With the stability of a fixed rate mortgage loan, you have the
security of a monthly principle and interest payment that never
increases. We can help you arrange terms that best fit your budget
and financial situation.
|
Adjustable Rate Residential Mortgage Loans |
An
Adjustable Rate Mortgage Loan usually starts with a lower
initial interest rate and lower monthly payments. The rate is
adjusted on a scheduled basis and is based on current market
conditions. Let us help you select a loan term to fit your
needs.
|
Seasonal Homes, Camps, Mobile Homes with
Land, and Land Loans |
A fixed
rate or an adjustable rate loan is available for purchasing
seasonal property, camps, land or mobile homes on land. Loan
terms vary.
|
Maine State Housing Residential Mortgage
Loans |
First
time home buyers benefit from low down payment requirements, low
interest rates, and other attractive terms with Maine State
Housing Loans. These programs are designed for people just
starting out and looking for their first home. Each program has
set guidelines.
Skowhegan
Savings Bank offers fixed rate financing to eligible borrowers
for the construction of 1-4 family homes. We will work with you
and your general contractor during the construction loan term to
make this process easy for you. For more information about our
construction loan program, please contact one of our mortgage
loan officers.
