Rates effective: July 23, 2025
All rates subject to change without notice and other terms, conditions, or restrictions may apply depending upon product offering.
Please contact your nearest branch office to verify rates and for complete details.
Other downpayment options are available.
Private Mortgage Insurance (PMI) required on loans with less than 20% down.
The interest rate on Adjustable Rate Mortgages (ARM) may increase after consummation of the loan.
***Payment per thousand does not include escrow for real estate taxes or insurance and the actual payment with Escrows will be higher.
New Hampshire Housing Finance Authority
Sugar River Bank offer's Federal Housing Administration (FHA) and USDA (Rural Development) financing.
Adjustable Rate Mortgage Loans (ARM)
*Annual Percentage Rate (APR) based on $100,000.00 loan, 20% down payment and a 30 year term.
Fixed Rate Mortgage
Interest rate is based on a 45-day rate lock.
*Annual Percentage Rate (APR) based on $100,000.00 loan, 20% down payment and the corresponding term of 10, 15, 20 or 30 years with 780 credit score.
Rates are for single family homes and for loans up to $766,550.
Jumbo Mortgage Loans
Special programs available for Jumbo Loans over $766,550, excluding Rockingham and Strafford County where Jumbo Loans are considered over $862,500.00. Specific terms and conditions apply, please contact a loan officer for more details.
*Annual Percentage Rate (APR) based on $1,000,000.00 loan amount, 20% down payment and a 30 year term.
Land Loan
*Annual Percentage Rate (APR) based on $100,000.00 loan amount and 25% down.
Private Mortgage Insurance (PMI) not available for land loans.
Construction Loans
* Annual percentage rate (APR) based on $100,000.00 loan, 20% down payment and a 30-year term for one step construction with 780 credit score.
Other construction loan products are available please call for details.
Home Equity Line of Credit
Closing costs as low as $200.00 with a minimum of $10,000.00 disbursed at closing with new indebtedness to Sugar River Bank.
Fixed rate for the first 12 months then rate can adjust quarterly to Wall Street Journal Prime plus .50%
Minimum rate of 7.500%. Maximum rate of 18%. The rate is discounted for the first 12 months.
Monthly payments will be based on interest only over 10 years, a balance may be due at maturity.
*APR based on $10,000 line fully extended. No annual fee.
Home Equity Loan
Closing costs as low as $200 with a $10,000 or more new indebtedness Home Equity Loan with Sugar River Bank,
No annual fee.
*APR for Fixed Rate Home Equity Loan based on $100,000 loan, 10 Year Term with $200 fee.
Mobile Home Loan
*Annual Percentage Rate (APR) based on $100,000.00 loan, 20% down payment and corresponding term of 10, 15 or 20 years for Manufactured home loans.
Private Mortgage Insurance (PMI) required on loans with less than 20% down and is not available on all mobile home loans.
Boat Slip Loans
*Annual Percentage Rate (APR) based on $100,000. Term is 15 Years.
Private Mortgage Insurance (PMI)
To calculate an estimate of PMI, visit https://content.mgic.com/calculators/servlet, for MGIC's MI Options Calculator.
Equity Builder Program (EBP) and Housing Our Workforce (HOW) program
Sugar River Bank participates in The Equity Builder Program (EBP) which offers grants to households with incomes at or below 80% of the area median income with down-payment, closing-cost and home-buyer counseling.
HOW provides assistance to FHLBank Boston financial institution members to help local homebuyers earning more than 80% and up to 120% of the area median income with down payments on owner-occupied primary residences.
HOW provides assistance to FHLBank Boston financial institution members to help local homebuyers earning more than 80% and up to 120% of the area median income with down payments on owner-occupied primary residences.