Mortgage Rates

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.
 
Type Points Down Payment Interest Rate
Annual Percentage Rate (APR)
based on 0 point,
30-year term, 96.5% LTV; including PMI.
Payment Per $1,000***
Home Flex 0 3.50% 6.750% 7.527% $6.49
Type Points Down Payment Interest Rate
Annual Percentage Rate (APR)
based on 0 point,
30-year term, 97% LTV; including PMI.
Payment Per $1,000***
Home Preferred
80% AMI & Under
0 3.00% 7.000%
7.548% $6.65
 
Type Points Down Payment Interest Rate
Annual Percentage Rate (APR)
 based on 0 point,
30-year term, 96.5% LTV; including PMI.
Payment Per $1,000***
Flex Plus ($10K Down Payment  Assistance) 0 3.50% 7.250% 8.036% $6.82
 
Type Points Down Payment Interest Rate
Annual Percentage Rate (APR)
based on 0 point, 30-year term
Payment Per $1,000***
Home Preferred ($10K Down Payment  Assistance) 80% AMI & Under 0 3.00% 7.625% 8.184% $7.08

Adjustable Rate Mortgage Loans (ARM)

*Annual Percentage Rate (APR) based on $100,000.00 loan, 20% down payment and a 30 year term.
 
Type Down Payment Interest Rate Annual Percentage Rate (APR*) CAPS Payment Per $1,000***
3/1 Year ARM 20.00% 6.750 % 7.197% 2 / 6 $6.49
5/1 Year ARM 20.00% 6.750% 7.164%
2 / 6 $6.49
7/1 Year ARM 20.00% 6.875% 7.147% 2 / 6 $6.57
10/1 Year ARM 20.00% 7.000% 7.236% 2 / 6 $6.65

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.
 
Type Points Down Payment Interest Rate Annual Percentage Rate (APR*) Payment Per $1,000***
10 Year Fixed 0 20.00% 6.250% 6.652% $11.30
15 Year Fixed 0 20.00% 6.125% 6.409% $8.51
20 Year Fixed 0 20.00% 6.875% 7.306% $6.74
30 Year Fixed 0 20.00% 6.750% 6.927% $6.49
 

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.

Type Down Payment Interest Rate Annual Percentage Rate (APR*) Payment Per $1,000***
30 Year Fixed 20.00% 6.875% 6.890% 6.57
 

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.  
 
Type Down Payment Interest Rate Annual Percentage Rate (APR*) Payment Per $1,000***
15 Year 5/1 ARM 25.00% 7.500% 8.103% $9.27
 

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. 
 
Type Down Payment Interest Rate
Annual Percentage Rate (APR*)
CAPS Payment Per $1,000***
One Step Construction 30 Year Fixed 20.00% 7.250% 7.436% N/A $6.89
 

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.
 
 
Type Interest Rate Annual Percentage Rate (APR*) Conditions Payment Per $1,000***
Home Equity Line of Credit 7.500% 9.250% Maximum LTV 80% $6.25
 

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.
 
Type Interest Rate Annual Percentage Rate (APR*) Conditions Payment Per $1,000***
Fixed Rate Home Equity 7.375% 7.420% Maximum LTV 80% $11.81

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.
New / Used Down Payment Interest Rate Annual Percentage Rate (APR*) CAPS Term Payment Per $1,000***
New or Used on Land - 1 Yr ARM 20.00% 7.250% 8.954% 2 / 6 240 Months $7.91
New or Used on Land - 3 Yr ARM 20.00% 7.750% 8.766% 2 / 6 240 Months $8.21
New or Used on Land - 5 Yr ARM 20.00% 8.250 8.830% 2 / 6 240 Months $8.53
New in Park - 3 Yr ARM 20.00% 7.750% 8.750% 2 / 6 180 Months $9.42
New in Park - 5 Yr ARM 20.00% 7.875% 8.599% 2 / 6 180 Months $9.49
Used in Park - 3 Yr ARM 20.00% 8.000% 8.871% 2 / 6 120 Months $12.14
Used in Park - 5 Yr
ARM
20.00% 8.250% 8.863% 2 / 6 120 Months $12.27
Used in Park - 10 Year Fixed 20.00% 8.125% 8.541% No 120 Months $12.20
 

Boat Slip Loans

*Annual Percentage Rate (APR) based on $100,000. Term is 15 Years.
 
Type Down Payment Interest Rate Annual Percentage Rate (APR*) CAPS Payment Per $1,000***
1 Year ARM 20.00% 6.49% 8.850% 2 / 6 $8.71
3/1 Year ARM 20.00% 6.99% 8.431% 2 / 6 $8.98
 

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.