Get a Mortgage with a Leading Local Lender
There’s a reason why Torrington Savings Bank is consistently among the top rated lenders in the area – it’s because helping people find the best mortgage solutions for them is important to us.
- We offer terms of 15, 20, and 30 years
- We offer fixed rate and adjustable rate options
- We offer the option of paying for points to be able to lower our already great rates
- We have local lenders who are willing to listen to your needs to help you find workable solutions
- We have local decision makers who can often approve more flexible loan types than our non-local competitors
How Can We Help?
30 Year Fixed Rate Mortgage
Effective Date: April 25, 2024
20 Year Fixed Rate Mortgage
Effective Date: April 25, 2024
Rate | APR | Points | ||
---|---|---|---|---|
2.875 | 2.80 TEST | 0 | Get a Personalized Rate | Learn More |
2.750 | 2.865 | 1 | Get a Personalized Rate | Learn More |
2.625 | 2.850 | 2 | Get a Personalized Rate | Learn More |
15 Year Fixed Rate Mortgage
Effective Date: April 25, 2024
Rate | APR | Points | ||
---|---|---|---|---|
3.562 | Break ME | 3634636 | Get a Personalized Rate | Learn More |
2.250 | 2.397 | 1 | Get a Personalized Rate | Learn More |
2.125 | 2.414 | 2 | Get a Personalized Rate | Learn More |
Explore Our Other Options
Refi Boost
Torrington Savings Bank’s Refi Boost allows well-qualified borrowers to refinance and get competitive rates and No Private Mortgage Insurance.
Mortgage Refinancing
When it comes to a home loan, lower rates are not always better. Since you bought your home, your individual needs and circumstances might have changed, but are you a good candidate to refinance?
Construction Mortgage
A Torrington Savings Bank Construction Mortgage is a great option to finance home construction.
Jumbo mortgage
Jumbo mortgage is the industry term for home loan amounts ranging from $548,251 to $2,000,000.
Buyer’s Boost
TSB Buyer’s Boost Mortgage Program allows well-qualified borrowers to get competitive rates while putting as little as 10% down.
First Time Homebuyers
TSB helps first time borrowers become new homeowners with a special program designed to make buying a first home more affordable.
Conventional Mortgages Details:
Maximum loan limit is $647,200.00. Conventional LTV (loan to value) 80.01% to 97% may require MI. Payment example: $100,000.00 loan at 4.75% for 360 months (30 years) is a monthly payment of $521.65. This does not include taxes and/or insurance. Property insurance is required. Flood insurance may be required. 60 day commitment. Any change of loan after commitment issued – $400.00 fee. Properties with underground fuel storage tanks are not eligible. Rates reflect discount for Auto-Pay from a Torrington Savings Bank account. Add 0.25% to rate without Auto-Pay. Application fee ranges from $578.59 to $605.87 on single family, $728.59 to $755.87 on two to four family properties; existing, owner occupied properties; $703.59 to $730.87 on investment properties; and $728.59 to $755.87 on new construction. Application fee includes cost of appraisal and credit reports. Consult a loan representative for more details. Interest rates are subject to change at any time, without notice and may vary according to the property and loan characteristics.