Conventional Fixed Rate Loans
 
The Chicopee Savings Bank lending area is:
  • Western Massachusetts
    • Hampden
    • Hampshire
    • Franklin Counties
  • Northern Connecticut
    • Hartford County
Rates are current as of the date below and are subject to change without notice. Terms and rates will be confirmed after receipt of your application by one of our Chicopee Savings Loan Representatives.  APR's on mortgage loans assume a 20% down payment.

Rates as of Thursday, July 22, 2010
Product Description Points Interest Rate Annual Percentage Rate Fully Indexed Rate Payment per $1,000 Payments Apply
 
  • Mortgage loans with a loan-to-value ratio of over 80% require Private Mortgage Insurance.
  • The above points and rates assume a mortgage for the first lien purchase/refinance of a single family, owner occupied primary residence.  Other restrictions may apply. 

  

  •  The Conventional Fixed interest rates are subject to change based on Secondary Market Guidelines. The interest rate, A.P.R. and fees may vary depending upon loan amount, points, loan purpose and your credit score.
  •  The A.P.R’s listed above are based on a $100,000.00 owner occupied purchase transaction, with a credit score of 700. The secondary market fee for this example would be $1,000.00.  
  •   Other rates and points options are available upon request.
 

  • MHFA First Time Homebuyer Loans above are based on single family residence scenario. Two thru four family options are available. Maximum loan amounts vary according to family residence option.

Income Guidelines

Standard Income

Low Income

1-2 person               $78,200 1-2 person                $51,800
3 or more person      $89,900 3 or more person       $59,600

 

  • Due to market fluctuations programs, rates, terms and conditions are subject to change without notice.