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.
Home Equity Line of Credit
  • 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. 
We believe in finding lending solutions for every circumstance, and that’s where our specialty financing products come in.   
  • 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.

Meet our Mortgage Specialists

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See our
Mortgage Center.

What’s my Payment?

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Calculate mortgage payments with the free Mortgage Calculator tool.

Free 1st Time Homebuyer Seminars

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Buying your first home is an exciting but scary time, we can help, attend one of our free mortgage education programs or seminars.

Chelsea Groton Bank

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Please Note: Hyperlinked sites are not FDIC insured. Their content and functionality are not under the control or responsibility of Chelsea Groton Bank. Chelsea Groton Bank is not responsible for any link contained in any third party's site. We urge you to confirm the identity and authenticity of any third party hyperlink you enter.

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Thank you for choosing Chelsea Groton!

Chelsea Groton Bank

You are now leaving Chelsea Groton Bank's Website.

Please Note: Hyperlinked sites are not FDIC insured. Their content and functionality are not under the control or responsibility of Chelsea Groton Bank. Chelsea Groton Bank is not responsible for any link contained in any third party's site. We urge you to confirm the identity and authenticity of any third party hyperlink you enter.

Continue | Return

Thank you for choosing Chelsea Groton!