Mortgage Rates

Local People, Local Decision Making at your service since 1846!

When you’re looking for mortgage banking services in the Cape Ann Area, it pays to choose a provider who will have your best interest in mind.

At Cape Ann Savings Bank, we understand that our customers have unique needs and goals with regard to home ownership and offer a variety of mortgage products to fulfill your financing needs at terms that work for you.

Cape Ann Savings Bank NMLS# 480253

Contact one of our lending professionals today.

APPLY NOWMORTGAGE CALCULATOR

*Annual Percentage Rate based on 20% down payment without private mortgage insurance.
Mortgage payments per $1,000.00 do not include taxes and insurance. The actual payment obligation may be greater.
Available for 1 - 4 family, owner occupied residences. 
Other payment terms available. 
1% Cap per adjustment, 5% Lifetime Cap 
Indexed to the Federal Reserve Board listing the weekly average yields on US Treasury Securities adjusted to a constant maturity of one year plus a margin rounded to the nearest .125%. Ask for our current margin. 
Annual Percentage Rate is subject to change after consummation. 
*The APR (Annual Percentage Rate) is based on a formula using the interest rate, the term of the loan, and any initial rate discount/premium period. 
Minimum down payment 5% (own funds). NMLS#480253

Mortgage payments per $1,000.00 do not include taxes and insurance. The actual payment obligation may be greater.
Available to first time homebuyers (affidavit required) for the purchase of 1 - 4 family, owner occupied residences. 
Minimum down payment 5% (own funds); Primary Mortgage Insurance may be required on loan to value ratios in excess of 80%. 
1% Cap per adjustment, 5% Lifetime Cap 
Borrower's will receive a $550.00 lender credit at closing for both First Time Homebuyer programs.
Indexed to the Federal Reserve Board listing the weekly average yields on US Treasury Securities adjusted to a constant maturity of one year plus a margin rounded to the nearest .125%. Ask for our current margin. 
Annual Percentage Rate is subject to change after consummation 
*The APR (Annual Percentage Rate) is to be based on a formula using the interest rate, the term of the loan, any initial rate discount/premium period and the initial and annual primary mortgage insurance premium. NMLS#480253

Mortgage payments per $1,000.00 do not include taxes and insurance. The actual payment obligation may be greater.
Mortgage loans are intended to remain with Cape Ann Savings Bank.
Available to 1 - 4 family, owner occupied properties only.
Minimum loan $40,000.00
Minimum down payment 5% (own funds); Primary Mortgage Insurance may be required on loan to value ratios in excess of 80%. NMLS#480253

Rates effective as of

APPLY NOW MORTGAGE CALCULATOR