Whether it's for a new home, a college education, that new car or any other
dream, we've got the cost-efficient loan solution you need. And the home town,
friendly customer service you deserve.
Consumer Loans
We offer Personal, Auto, Mobile Home, and Home Improvement loans at fixed rates.
And interest rates on some products are discounted if your payment is
automatically deducted from a Biddeford Savings account.
Mortgage Loans
- Fixed Rate Loans
These offer the security of a fixed principal and interest payment, with the
ability to choose a term that fits your budget.
- Bi-weekly Loans
This type of plan can pay off your loan sooner, build equity faster and save
thousands of dollars in interest. You will pay ˝ of your monthly payment
every 14 days. The interest rate is fixed and with a payment made every 14
days the principal reduces at a more rapid rate and cuts years off the loan
term. We must have the payment automatically deducted from a Biddeford
Savings Bank checking or savings account.
- Adjustable Rate Loans
ARM's are available at lower initial rates with potential annual rate and
payment adjustments after the first year. Future market conditions can
influence rate changes, however, built in rate caps and margins provide a
measure of security and limited increases over the life of the loan.
- Construction Loans
Construction loans cover both the purchase of a lot and the mortgage for a
newly built home.
Unlike out-of-state banks and mortgage companies, we service every loan right
here, so you'll get the service and attention you deserve!
Mortgages Made Easy
from Biddeford Savings has now become even easier. Please
Click here to apply On-Line 24 hrs a day
Home Equity Products
You can tap a valuable credit resource….your home equity. Borrow for whatever
the reason--from consolidating high interest debts to purchasing a new car. We offer fixed rate home equity loans as well as revolving lines of credit
secured by the equity you have in your home.
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