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Customers
looking to finance larger purchases at an attractive fixed rate,
with fixed monthly payments, by securing the loan with the equity
in their home. |
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- Minimum line amount: $10,000
- Ability to borrow up to 75% of appraised value of property (may require a property appraisal at the borrower's expense)
- No points, no annual fee, and no closing costs
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- No points
- No closing costs
- No application fee
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Make your banking easier
and save hundreds of dollars by wrapping your personal accounts
and loans together into one simple package. Get more convenience
for less money with features like free checking, free worldwide
ATM transactions, free overdraft protection, and lots more!
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1-4 family primary residences only;
not available for homes currently for sale or intended to be
sold within 6 months of loan closing; property insurance required;
promotional offer is for new loans only and not for refinancings
of existing loans with Wainwright Bank; consult tax advisor
regarding the deductibility of interest; no closing costs feature
is based on use of tax assessed home value - market appraisal
fee, if applicable, will range from $300 - $750; a prepayment
penalty may apply; see Bank for details.
Please note: Our lending area for loans & mortgages is primarily
Eastern Massachusetts.
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