Mortgage Loan Rates


Effective as of 08/27/2008

(APR defined as Annual Percentage Rate; May vary and is subject to change without notice. Customers must live within our Lending Area to qualify.)

Fixed Mortgage Loans
Minimum Down Points Rate Annual Percentage Rate
40 Yr Fixed 20% .125 PTS. 6.625% 6.68%
30 Yr Fixed 20% 2 PTS. 5.875% 6.11%
20% 1 PT. 6.125% 6.27%
20% 0 PTS. 6.375% (A) 6.43%
20 Yr Fixed 20% 2 PTS. 5.750% 6.07%
20% 1 PT. 5.875% 6.06%
20% 0 PTS. 6.125% 6.19%
15 Yr Fixed 20% 2 PTS. 5.250% 5.64%
20% 1 PT. 5.500% 5.74%
20% 0 PTS. 5.750% 5.83%
Int. Only 10/20 20% 0 PTS. 6.625% 6.69%
(A) Cost per $1,000 borrowed for above 30YR fixed = $6.23 loans up to $417,000        

Portfolio Gold Mortgage
Minimum Down Points Rate Annual Percentage Rate
30 YR Fixed 20% 0 PTS 6.375% (A) 6.41%
20 YR Fixed 20% 0 PTS 6.125% 6.16%
15 YR Fixed 20% 0 PTS 5.750% 5.80%
Servicing Retained, No Escrows Required No Secondary Market Fees        
Single Family Primary Residence, Max LTV 80%, Condos Max LTV 75%, Min 700 Credit Score        
(A) Cost per $1,000 borrowed for above 30 YR fixed = $6.23; loans up to $417,000        

Above posted rates are for single family owner occupied properties; offered only as Servicing Released; borrowers must escrow taxes and homeowners insurance. Other mortgage programs are available; please call 1-877-369-3331 for further assistance.

Adjustable Rate Mortgages
Minimum Down Points Rate Annual Percentage Rate
10/1 ARM* 20% 0 PTS. 6.250% 5.79%
7/1 ARM* 20% 0 PTS. 6.000%(A) 5.46%
5/1 ARM* 20% 0 PTS. 5.625% 5.18%
3/1 ARM* 20% 0 PTS. 5.625% 5.07%
* Annual Percentage Rate (APR) based on a 30 year term. APR may increase after consummation. (A)Cost per $1,000 borrowed for above 7/1 ARM = $5.99; loan amounts up to $417,000      

First Time Homebuyer Loans
Minimum Down Points Rate Annual Percentage Rate
MassAdvantage Low Fixed Rate 3% 0 PTS 6.500% (B) 6.53%
MassAdvantage Fixed Rate 3% 0 PTS 6.750% 6.78%
MassHousing/MyCommunity 5% 0 PTS 7.000% 7.04%
MassAdvantage & MyCommunity Loans have income and purchase limits.All loans with LTV's over 80% requires Mortgage Insurance. *Annual Percentage Rate (APR) based on a 30 year term with 20% down payment. (B) Cost per $1,000 borrowed= $6.32        
7/1 ARM* 5% 0 PTS 6.000% 5.39%
No points; No Income Limitation; caps of 2/6 margin 2.625%; maximum loan amt. $417,000; reduced closing costs; flexible qualifying ratios; cost per $1,000 borrowed = $5.99      
5/1 ARM* 5% 0 PTS 5.625% 5.02%
All loans with LTV's over 80% requires Mortgage Insurance. *Annual Percentage Rate (APR) based on a 30 year term with 20% down payment. APR may increase after consummation. No points; No Income Limitation; caps of 1/6 margin 2.50%; maximum loan amt. $417,000; reduced closing costs; flexible qualifying ratios; cost per $1,000 borrowed = $5.83      

Portfolio Gold Jumbo Mortgages
Minimum Down Points Rate Annual Percentage Rate
30 Yr Fixed 20% 0 PTS 6.500% (C) 6.51%
15 Yr Fixed 20% 0 PTS 5.875% 5.89%
Min. Credit Score 720, (C) Cost per $1,000 borrowed for the No PTS = $6.32 If loan amount is over $750,000 max LTV is 75%, Single family only      

Permanent Construction
Minimum Down Points Rate Annual Percentage Rate
30 Yr Fixed 20% 0 PTS 6.750% 6.79%
Offered only in MA-Norfolk and Bristol Counties.Loan amounts up to $417,000. Cost per $1,000 borrowed = $6.41      



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