Financial Products. Remember to be precisely contrasting prices.

No Bank Fees – Look Into The APR!

Kennebec economy financial institution try satisfied not to recharge ANY bank fees on the biweekly and every month addressed rate mortgages. (Some other third-party fees however employ.)

Doing your research? The APR (apr) will. The APR is required to include specific rates numerous banking companies want to complement their own financing.

In case you have inquiries, call us at (207) 622-5801 and have to dicuss to a lender. We are always thrilled to assist.

Home Loan Treatments

Biweekly stationary price LoansMonthly repaired fee LoansAdjustable Rate LoansConstruction LoansFirst-Time Homebuyer & Veteran LoansHomeAid low-cost Residence LoansSeasonal Household LoansMobile house with area LoansLand merely LoansHome Equity LoansHome value Lines of Credit

Biweekly Repaired Fee Financial Loans

Our trademark home loan goods. 1 / 2 of a monthly mortgage payment are used automatically out of your KSB bank account every fourteen days, resulting in substantial desire discounts, having many years off of the life of the financial.

These numbers presume a twenty percent down-payment. Call us other possibilities.Payment amount refuse to feature taxation and insurance premiums so that the genuine payment responsibility can be better.

With a mortgage quantity of $100,000, you would probably bring 678 biweekly costs of $230.14 (paying in only twenty five years and 11 months).

Month-to-month Fixed Rate Financial Loans

Our very own more fixed-rate option for household purchasing or replacing, billed and paid each month.

These prices presume a twenty percent down payment. Write for other suggestions.Payment amount dont incorporate duty and insurance coverage therefore, the actual pay responsibility might be increased.

30 Year Variable Fee Loans

For those of you trying to keep hold of their particular home loan for a somewhat short period of time or wish the attention to modify (considering industry rate), we offer a range of four versatile speed residential loans offering decreased preliminary monthly installments and caps on rate of interest.

These charge think a 20 percent down payment. Give us a call other possibilities.Payment amounts try not to incorporate duty and insurance premiums therefore the real fees commitment would be deeper.

With a loan volume $100,000, you will has 84 monthly installments of $446.26 on original interest of 3.450%. The speed would then readjust every single year predicated on a margin and index. The present fully-indexed price try 3.125percent, which will generate 276 payments of $431.87.

With that loan volume of $100,000, you would probably posses 120 monthly installments of $449.04 during the first interest rate of 3.500per cent. The interest rate would my link after that set every single year predicated on a margin and crawl. The current fully-indexed rate happens to be 3.125percent, which may bring about 240 transaction of $434.27.

Newbie Homebuyer & Expert Lending

Making less deposit as a qualifying novice homebuyer or expert.

Various funding words and predetermined pay alternatives (biweekly or monthly) available.

HomeAid money

Our HomeAid affordable mortgage loan system is made to benefit low-to-moderate returns applicants; speak with a loan providers to find out if your meet the requirements.

Various finance conditions and secured payment selection (biweekly or every month) available. HomeAid program investments are generally minimal and dependent upon revenues constraints. Exclusive home loan cover is likely to be requested. Primary homes merely; mobile phone house include excluded. Necessitates automatic bills from a Kennebec discounts savings account.

Construction Financial Loans

Only pay interest during structure, with a smooth change (with no extra closings) into a regular residential home loan.

Different mortgage names available. Design lending products demand an extra paid on construction bills as well as the loan amount; contact us for information. Approved basic builder need.

Seasonal Property

For camps, cottages, along with other non-year-round homes.

Various mortgage provisions, remedied fee selection (biweekly or every month), or flexible payment options (3/3 ARM or 5/1 provide) accessible.

Moving House With Secure Lending Products

For cell phone property on foundations.

Different money conditions, repaired pay possibilities (biweekly or month-to-month), or adjustable installment choices (3/3 ARM or 5/1 supply) available. Cellphone households must be once and for all mounted on secure.

Land Financial Loans

For land-only acquisitions with adjustable rates.

Various debt terminology and versatile charge suggestions (3/3 ARM or 5/1 ARM) readily available.

Residence Equity Loans

Use the provide collateral you’ve in your home these days. Home equity term loans provide a fixed rate option that grants you the comfort of knowing your payment will always be the same.

Different funding terms and conditions and attached fee alternatives (biweekly or month-to-month) accessible.

Home Assets Lines of Credit

An awesome selection for your personal future borrowing from the bank needs by providing the capability to use the money you’ve got at home when you wish it; actually determine the manner in which you desire to pay they.

Different payment alternatives.

h2 APR = apr.

All money are actually susceptible to assets agreement by Kennebec economy financial institution. Max words detailed. Briefer terms and conditions perhaps accessible; email that loan officer for specifics. Larger loan-to-value credit are provided with exclusive finance cover (PMI).