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Current Rates
With so many choices how do you find the mortgage product that’s right for you? The best place to start is with one of our mortgage professionals. We’ll take the time to understand your needs and help you select a product that’s right for you.
Many customers choose an Adjustable Rate Mortgage. ARMs can help keep your monthly payment low and may save you a substantial amount of money during the initial interest rate period.
Today fixed rates are at historically low levels. Fixed rate mortgages ensure that your payments remain stable. Many customers prefer the peace of mind this option offers them.
Don’t forget to ask about points and closing costs! All mortgage lenders do not have the same closing costs. Be sure to compare costs before selecting your next mortgage.
Mascoma Savings Bank has been helping our neighbors purchase homes for over 100 years. Let our experience work for you.
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APRs (Annual Percentage Rates) assume a 20% downpayment and are based upon a $100,000 loan including points and a $350 (*$375) Processing Fee (first mortgages only). APRs on the Fixed Rate - 30 year, Fixed Rate - 20 year and Fixed Rate - 15 year also include a .25% Delivery Fee. Other downpayment options are available. Rates and programs are subject to change without notice. Variable rates may be increased after consummation. Manufactured Homes terms up to 20 years depending on age of home. |
Today's Rates
BEST PRINTED LANDSCAPE
 Rates - Residential |
| Product Description |
Interest Rate |
Points |
APR |
Max Term |
Margin |
Caps |
Payment per $1000 |
| Special 10/1 YR ARM |
6.000 |
0 |
5.418 |
30 |
2.875 |
5/2/5 |
6.00 |
| Special 5/1 YR ARM |
4.375 |
0 |
3.756 |
30 |
2.875 |
2/6 |
4.99 |
| Fixed Rate - 30 year |
5.375 |
0 |
*5.434 |
30 |
N/A |
N/A |
5.60 |
| Fixed Rate - 20 year |
5.375 |
0 |
*5.453 |
20 |
N/A |
N/A |
6.81 |
| Fixed Rate - 15 year |
4.750 |
0 |
*4.846 |
15 |
N/A |
N/A |
7.78 |
| Fixed Rate - 10 year |
4.625 |
0 |
*4.706 |
10 |
N/A |
N/A |
10.42 |
| 10/1 YR ARM |
6.125 |
0 |
5.502 |
30 |
2.875 |
5/2/5 |
6.08 |
| 7/1 YR ARM |
5.875 |
0 |
4.595 |
30 |
2.875 |
5/2/5 |
5.92 |
| 5/1 YR ARM |
4.625 |
0 |
3.846 |
30 |
2.875 |
2/6 |
5.14 |
| 3/1 YR ARM |
3.950 |
0 |
3.508 |
30 |
2.875 |
2/6 |
4.75 |
| 1/1 YR ARM |
3.875 |
0 |
3.416 |
30 |
2.875 |
2/6 |
4.70 |
10/1 and 5/1 YR ARM Specials must be a home purchase or have at least $50,000 in new indebtedness to Mascoma Savings Bank
| Construction |
| Product Description |
Interest Rate |
Points |
APR |
Max Term |
Margin |
Caps |
Payment per $1000 |
| 10/1 YR ARM - One Step |
6.000 |
0 |
4.766 |
30 |
2.875 |
5/2/5 |
6.00 |
| 7/1 YR ARM - One Step |
5.875 |
0 |
4.300 |
30 |
2.875 |
5/2/5 |
5.92 |
| 5/1 YR ARM - One Step |
4.375 |
0 |
3.563 |
30 |
2.875 |
2/6 |
4.99 |
| Fixed Rate - 30 year - One Step |
7.000 |
0 |
7.107 |
30 |
N/A |
N/A |
6.65 |
| Fixed Rate - Interest Only - 12 month |
6.50 |
1 |
10.869 |
1 |
N/A |
N/A |
5.42 |
| APRs on Construction Loans include Inspection Fees, Points and a $500.00 Processing Fee |
| Manufactured Homes (Park) |
| Product Description |
Interest Rate |
Points |
APR |
Max Term |
Margin |
Caps |
Payment per $1000 |
| Fixed Rate - 10 year |
7.750 |
0 |
8.066 |
10 |
NA |
NA |
12.01 |
| 5/1 YR ARM |
7.500 |
0 |
8.162 |
20 |
8.000 |
2/6 |
8.06 |
| APR assumes a 20% downpayment and are based upon a $100,000 loan including points, a $350 Processing Fee and a 1.00% Delivery Fee |
| Land - Building Lot |
| Product Description |
Interest Rate |
Points |
APR |
Max Term |
Margin |
Caps |
Payment per $1000 |
| 1 YR ARM |
8.500 |
1 |
5.751 |
15 |
4.250 |
2/6 |
9.85 |
| APR assumes a 25% downpayment and are based upon a $100,000 loan including points and a $350 Processing Fee. A 25% downpayment is required. |
| Home Equity LOC |
| Product Description |
Interest Rate |
Points |
APR |
Max Term |
Margin |
Caps |
Payment per $1000 |
| 3 Month ARM - *RGC |
4.500 |
0 |
4.500 |
10 |
-.25 |
18% |
8.82 |
| 3 Month ARM |
4.500 |
0 |
4.500 |
10 |
.50 |
18% |
8.82 |
No closing costs with a $10,000 disbursement in new indebtedness to Mascoma Savings Bank.
No Annual Fee. Rate Caps are lifetime caps.
*The RGC rate is for Relationship Gold Checking customers.
| Home Equity Loan |
| Product Description |
Interest Rate |
Points |
APR |
Max Term |
Margin |
Caps |
Payment per $1000 |
| Fixed Rate - 10 year |
5.750 |
0 |
5.756 |
10 |
N/A |
N/A |
10.98 |
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No closing costs with $20,000 in new indebtedness to Mascoma Savings Bank. |
Other rates and terms available.
| Jumbo Rates - Residential - Loans over $417,000.00 |
| Product Description |
Interest Rate |
Points |
APR |
Max Term |
Margin |
Caps |
Payment per $1000 |
| Special 10/1 YR ARM |
6.000 |
0 |
5.391 |
30 |
2.875 |
5/2/5 |
6.00 |
| Special 5/1 YR ARM |
4.625 |
0 |
3.822 |
30 |
2.875 |
2/6 |
5.14 |
| Fixed Rate - 30 year |
5.500 |
1 |
5.599 |
30 |
N/A |
N/A |
5.68 |
| Fixed Rate - 30 year |
5.750 |
0 |
5.758 |
30 |
N/A |
N/A |
5.84 |
| Fixed Rate - 15 year |
5.000 |
2 |
5.314 |
15 |
N/A |
N/A |
7.91 |
| Fixed Rate - 15 year |
5.250 |
0 |
5.263 |
15 |
N/A |
N/A |
8.04 |
| 10/1 YR ARM |
6.125 |
0 |
5.475 |
30 |
2.875 |
5/2/5 |
6.08 |
| 7/1 YR ARM |
5.875 |
0 |
4.569 |
30 |
2.875 |
5/2/5 |
5.92 |
| 5/1 YR ARM |
4.875 |
0 |
3.913 |
30 |
2.875 |
2/6 |
5.29 |
| 3/1 YR ARM |
4.250 |
0 |
3.551 |
30 |
2.875 |
2/6 |
4.92 |
| 1/1 YR ARM |
4.250 |
0 |
3.421 |
30 |
2.875 |
2/6 |
4.92 |
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Jumbo APRs (Annual Percentage Rates) assume a 20% downpayment and are based upon a $425,000 loan including points and a $350 Processing Fee (first mortgages only). Other downpayment options are available. Rates and programs are subject to change without notice. Variable rates may be increased after consummation. |
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10/1 and 5/1 YR ARM Specials must be a home purchase or have at least $50,000 in new indebtedness to Mascoma Savings Bank. |
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Indexes |
| Wall Street Prime |
3.25 |
1 Year T-Bill |
0.48 | | 
