Providing Solutions with Home Equity and Specialty Financing Products
We work with homeowners to borrow against a home’s equity for major expenses, such as renovations, education or medical bills.
- Fixed Rate Home Equity Loans
Keep your loan rate and payment stable for the duration of the loan. Convert all or a portion of variable-rate HELOC balances to fixed-rate loans.
We believe in finding lending solutions for every circumstance, and that’s where our specialty financing products come in.
- Home Equity Lines of Credit (HELOC)
Access the money at any point during the draw period, and pay back the price of the loan, plus interest.
- Jumbo financing
For loan amounts that exceed industry accepted conforming limits, jumbo mortgages offer competitive interest rates with attractive terms.
- Bi-Weekly Payment Loans
By making half-payments every other week instead of a full-payment one time per month, a borrower makes one extra full payment per year, helping a borrower to pay off the entirety of the loan earlier than scheduled, resulting in significant interest savings.
- Construction-Permanent Loans
Borrowers can take up to 12 months to build a home, with the interest rate locked in at the beginning of the project for the life of the loan. Chelsea Groton allows a qualified borrower to act as their own general contractor.
- Bridge Loans
Homeowners trying to sell an existing home to facilitate the purchase of a new home can utilize the equity in their current home to make the purchase of the new home possible.
Learn more and apply online at our MortgageCenter or call one of our experienced loan officers at 860-448-4174.
All loans subject to underwriting guidelines and credit approval. Not all programs and products are available at all times in all states. All loan programs, terms, conditions are subject to change or discontinuance without notice and subject to borrower and property qualifications. NMLS ID# 402928.