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Five questions every potential home buyer should ask when deciding whether to rent or buy home

 


Mortgage FAQs

What is Title Insurance, and how does it work?

Will I be required to purchase Title Insurance for my loan?

What is an Adjustable Rate Mortgage?

How do I know if an Adjustable Rate Mortgage is right for me?

What is a Point, and is it worth it to me to pay a point to lower my interest rate?

Will South Adams Savings Bank sell my loan and what happens if it is sold?

What is a Jumbo-Rate Mortgage?

What can I expect to pay for closing costs at South Adams Savings Bank?

 

 

 

Steepleview Realty

 

MacCaro Realty


Finding the right mortgage program is one of the most important decisions you’ll make as a homeowner and it can also be the most confusing. Dozens of products and options are available whether you’re buying your first home, your dream home or refinancing your present home. To be sure you make the best choice, it helps to have the guidance of a responsive financing partner.

Sensitive to the individual needs of our customers, we work closely with them through every step of the process. From application to closing, South Adams Savings Bank is there for you.

Click on a category below for more information on our lending programs.

Adjustable Rate Mortgages

Fixed Rate Mortgages

Construction Loans

First Time Home Buyer

Adjustable Rate Mortgages

  • Available for owner occupied 1-4 family homes
  • No point options available
  • Rate adjustment periods of 1, 3 or 5 years
  • A variety of terms available
  • Low down payment options

 

Click here to access our interactive calculators with dynamic graphs and customizable reports!

For Adjustable Rate Mortgage Rates Click Here!

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Fixed Rate Mortgages

  • Available for owner occupied 1 – 4 family homes
  • Competitive interest rates
  • A variety of terms available
  • Low down payment options

 

Click here to access our interactive calculators with dynamic graphs and customizable reports!
For Fixed Rate Mortgage Rates Click Here!
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Construction Loans

  • Construction to permanent financing in one loan, no need for a second closing
  • Flexible disbursement schedule
  • Owner occupied, single family dwelling
  • Available for fixed and adjustable rate mortgages

 

Click here to access our interactive calculators with dynamic graphs and customizable reports!
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First Time Homebuyers Program

  • Participant in Good Samaritan Home Ownership Program through the Berkshire Housing Development Corporation
  • Below market fixed interest rates
  • Low down payment requirements
  • Income qualifying requirements

 

Click here to access our interactive calculators with dynamic graphs and customizable reports!
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More information on any of our lending programs can be requested through e-mail or by calling us at 413-743-0040.
To best serve our customers, South Adams Savings Bank will grant loans within Berkshire County and Southern Vermont

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MAIN BRANCH: 2 CENTER STREET, ADAMS, MA 01220 PH: (413) 743.0040 FAX: (413) 743.9548
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