A Mortgage that Treats You Right
As a community bank invested in our community, Biddeford Savings understands the importance that mortgages play in creating home ownership. Unlike out-of-state banks and mortgage companies, Biddeford Savings makes decisions locally. That means you get the service and attention you deserve! Not only do we have experience and technical expertise with a variety of home mortgages, we have the flexibility of a local community bank that corporate giants just can't match. We make all loan decisions locally. When you call for information about your home loan you'll be talking to someone right here at the bank. At Biddeford Savings, we treat you right.
Mortgages Made Easy from Biddeford Savings has now become even easier.
We'll turn all your mortgage questions into answers at our Online Mortgage Center. It's the most convenient 24/7 home loan service we've found anywhere. Enjoy easy one-stop access to home loan options, rates, calculators, quotes, plus our "see-what-you-save-at-a-glance" charts and so much more. Apply online now and get conditional approval within 20 minutes!
Mortgages and Other Home Loan Options:
- 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.
- Biweekly Loans -- Build equity faster, pay off your loan sooner, and save money with our biweekly fixed-rate mortgage when your payment (1/2 of your regular monthly amount) is conveniently and automatically deducted from your Checking or Savings account every 14 days.
- Adjustable Rate Loans -- ARM's are available at lower initial rates with potential annual rate and payment adjustments after three or five years. 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 can cover both the purchase of a lot and the mortgage for a newly built home.
Home Equity Loans
Tired of making small repairs when what you really need is a complete makeover? Then put your home to work for you! With a Home Equity Line of Credit you can get the money you need for a new kitchen, roof, landscaping, a vacation - anything!