Rates as of May 12, 2023. All rates subject to change without notice.
Mortgage Rates
Payment does not include insurance or taxes and actual payment may be greater.
Rates are based on owner occupied property and are subject to change without notice. Fixed rates posted are for loans that meet Secondary Market guidelines. The monthly P & I per $1,000 are based on the rate and term indicated assuming a down payment of 20%. Please note that Private Mortgage Insurance (PMI) is required on all loans with LTV's greater than 80%. If an escrow account is required or requested, the actual monthly payment will also include amounts of real estate taxes and/or PMI, if applicable. Property insurance required. Flood Insurance may be required. The maximum loan limits are as follows: Single Family-$647,200; Two Family-$828,700; Three Family-$1,001,650; and Four Family-$1,244,850. Call to speak to a Loan Officer. All loans are subject to the Bank's credit standards. The APR is based on a loan of $180,000; please call for a personalized quote.
Non-Owner Occupied 1-4 Family Mortgage
Payment does not include insurance or taxes and actual payment may be greater.
Assumes a maximum LTV of 70%. Please note that private mortgage insurance is not currently available for investment properties. If an escrow account is requested, the actual monthly payment will also include amounts of real estate taxes. Property insurance required. Flood Insurance may be required. The maximum loan limits are as follows: Single Family-$647,200; Two Family-$828,700; Three Family-$1,001,650; and Four Family-$1,244,850. Additional rates for loans that exceed the maximum limits are available upon request. The APR is based on loan of $180,000; please call for a personalized quote. All loans are subject to the Bank's credit standards.
Adjustable Rate Mortgage Loans (ARMs)
Contact one of our dedicated Mortgage Loan Officers:
- For Greater Haverhill and Greater Lawrence, call Pamela F. Wellington (NMLS #530929) at 978-984-6321.
- For Southern NH, call Jody P. Ronayne (NMLS #531518) at 603-894-7817.
Home Equity Lines of Credit (Interest Only)
- Type: Equity Lines of Credit
- Maximum Term: 10 Year Draw/10 Year Repayment
- Rates: 8.00% APR, regular rate is the prime rate plus .0%, this rate may vary.*
*Pentucket Bank's Home Equity Line of Credit Annual Percentage Rate (APR) is 8.00%. The APR is a variable rate based on the Prime Rate as published in the money section of the Wall Street Journal on the last business day of the month, plus .0%. The Prime Rate is as of March 31, 2023. 1-4 Family Owner Occupied property only, property insurance required; flood insurance may be required. Early termination fee of $500. may apply if closed and paid off within the first 24 months. There are no closing costs in most cases if loan is in a valid second mortgage position behind a bank or other financial institution. You may pay certain fees to third parties. These fees generally total between $0.00 to $1,000.00. Consult your Tax Advisor about deductibility of interest. All loans are subject to the Bank's credit standards. The maximum rate is 18%.
- Minimum Loan Amount is $10,000 / Maximum Loan Amount is $250,000
- Combined Loan value not to exceed 80%
Prime Rate: 8.00% as of March 31, 2023
Fixed Rate Home Equity Loans
Payment does not include insurance or taxes and actual payment may be greater.
1-4 family, owner-occupied property only, property insurance required; flood insurance may be required. Loan must be is in a valid second mortgage position behind a bank or other financial institution. There are no closing costs in most cases. You may pay certain fees to third parties. The fees generally total between $0.00 to $1,000.00. Consult your Tax Advisor about deductibility of interest. All loans are subject to the Bank's credit standards.
- Minimum Loan Amount is $10,000.- Maximum Loan Amount is $250,000.
- Combined Loan to value not to exceed 80%.
Consumer Auto Loans
10% down payment required on new autos. 20% down payment required on used autos. All loans are subject to the Bank's credit standards.