RESIDENTIAL MORTGAGE LOANS
MORTGAGES
Purchase a home or refinance your current one. We offer fixed and variable interest rate mortgages to help you with your financing.
HOME EQUITY
Tuition, renovations, and more, Essex Savings Bank's Home Equity Loans provide opportunities to fund your life goals and projects.
Construction to Permanent Mortgage Loans
Build your dream home with only one closing! Remodel your kitchen, bathroom, or add that missing room onto your home. We offer interest only payments for the first year. Our rates are competitive and our experienced residential lenders will help you every step of the way.
First Time Home Buyer Program
ONLY 5% DOWN* ON RESIDENCES UP TO $766,550
Applicants may close with their own attorney, but cannot have owned a house or condo in the past three years. Our First Time Home Buyer program applies to owner-occupied dwellings only. Private mortgage insurance required for loan to values over 80%. Loans in this program must be Freddie Mac eligible. Standard application fees apply.
*Maximum Loan-to-Value Ratio – 95% based on the lesser purchase price or appraised value