No other bank in the area understands the people of this region and their dreams better than Skowhegan Savings. Our team of experienced mortgage lenders are here to help you along the way to home ownership. In addition to the products listed below, we also offer adjustable rate mortgages, Maine State Housing loans, and Rural Development loans.
All interest rates and Annual Percentage Yields are effective as of the date below and may change at the Bank's discretion.
Rates below are for conforming primary residence. Contact a lender for our rates on second home or seasonal property. If you have any questions about any of our mortgage loan products, please call us at 800.303.9511 or feel free to e-mail Consumer Loans. Other rates and terms are available upon request.
Rates Effective: June 19, 2013
Term
Rate
Points
APR *
Monthly Payment/ $1000 borrowed **
10 Year
3.125%
0
3.301%
$9.714
15 Year
3.125%
2
3.542%
$6.966
15 Year
3.375%
0
3.497%
$7.088
20 Year
3.750%
2
4.080%
$5.929
20 Year
4.000%
0
4.097%
$6.060
30 Year
4.000%
2
4.240%
$4.774
30 Year
4.250%
0
4.321%
$4.919
* The annual percentage rate (APR) disclosed above
assumes $50,000.00 financed and 20% down payment. Higher loan to value
financing is available with Private Mortgage Insurance. The interest
rate and points are subject to change without notice. All loans are
subject to credit approval by Skowhegan Savings.
** Monthly payment/ $1000 borrowed does not reflect any insurances or taxes.
