Personal Banking

Easy Way Equity Loan Mortgage Alternative

Refinance your mortgage the easy way
Save big, shorten your mortgage term, and get ahead.

Go straight to a great rate today with the St. Mary's Bank Easy Way Equity Loan Mortgage Alternative:

  • 10-year or 15-year term available
  • Express financing
  • No up-front or closing costs
  • May save thousands in interest

St. Mary's Easy Way Equity Loan let's you take advantage of today's unbelievably low rates without losing time to the traditional refinancing process. It's a perfect fit for anyone who wants to be mortgage-free faster.

Learn about traditional mortgage refinance

* Annual Percentage Rate (APR) accurate as of 2/13/15. APR based on $88,500 loan with 120 monthly payments of $10.00 per $1,000 (principal and interest only) and reflects 0.50% discount with automatic funds transfer from a St. Mary’s Bank checking account. Payment example does not include escrow for property-related taxes and insurance that must be paid separately, and actual payments may be greater. Rate and terms may change at any time. Offer subject to change without notice. Min. loan $50,000, Max. loan $417,000. Must be in first lien position. 1-4 family owner-occupied, primary residence properties in NH only. St. Mary’s Bank second mortgages permitted on subject property at time of closing. Loan-to-value (LTV) ratio up to 85% for credit scores of 730 and above; up to 80% for credit scores 729 and below. Not available for homes currently for sale. If the loan is paid in full and closed within 3 years of activation, you may be required to reimburse St. Mary's Bank for any closing costs paid on your behalf, estimated to range between $700 - $1,100. Property insurance required. Flood insurance may be required.
Properties held in trust subject to $175 fee. Payoffs to lenders other than St. Mary’s Bank subject to $75 discharge tracking fee.Other rates and terms (up to 180 months) available and can be found by
clicking here. Applications subject to credit approval.

St. Mary’s Bank is a member-owned credit union. Membership is open with purchase of one share of capital stock for $5. Federally insured by the NCUA.