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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?
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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
- 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
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Low down payment options
Fixed Rate Mortgages
Construction Loans
First Time Homebuyers Program
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