TERMS AND CONDITIONS

The rates listed are for informational purposes and may be changed without notice. All loans are subject to credit approval. Adequate property insurance is required. Financing is available for one-to-four family primary residences and second homes. 

Mortgages--Rates based on a single-family homes in New England, 60% or less loan to value and excellent credit. Your rates/points may be different based on your credit score and the specifics of your transaction. Loans are also available with as little as 5% down. Adjustable rate mortgages (ARM) available up to 30 year terms with 2% periodic adjustment cap, 6% lifetime and subject to change after consummation.

Home Equity Line of Credit — Variable rate is subject to change monthly at 0.50% less than the prime lending rate as listed in The Wall Street Journal on the statement cycle date. The minimum rate is 4%; the maximum rate is 18%. Minimum amount $20,000, maximum amount $250,000.

Home Equity Loan/Home Improvement Loan— Fixed rates reflect a 1% rate discount with direct deposit to an RTN account and automated payment from an RTN account. Minimum amount $5,000, maximum amount $250,000.

 

Important details on disclosure information on RTN home loan products is available here.