Mortgage Special on 15-Year Fixed

*A fee of .25% of the loan amount must be paid for eligibility for the rate of 1.99%

**The Annual Percentage Rate (APR) is based on a $300,000.00 purchase price loan with 20% down payment, for purchase money or no-cash out refinance loan on a 1-unit single family primary residence, assuming a FICO of 730, and a 45-day rate lock period. The offer of credit subject to credit approval. It cannot be combined with any other promotion or discount and is subject to compliance with South Shore Bank's loan program guidelines. Certain restrictions, limits, and other conditions may apply. All applicants are subject to credit approval and must satisfy the bank’s lending conditions. Property insurance required. Flood Insurance may be required. Additional rates and fees may be assessed due to the type of loan, FICO score, type of property, and LTV as well as titling and recording. Not applicable to home equity loans or lines of credit. The client pays for all other fees and services. For all Conventional first lien loans, a $300,000 Purchase Price with 20% down would be a loan amount of $240,000 with a rate of 1.99%, an APR of 2.200%, and resulting in 180 monthly principal & interest payments of $1,543. The monthly principal & interest payment amount will increase if taxes, homeowners’ insurance, flood insurance or mortgage insurance are required and escrowed in the mortgage payment paid to South Shore Bank. LTV cannot exceed 95% with mortgage insurance required over 80%. Rates may vary daily. Contact a South Shore Bank representative for an accurate rate quote. Offer may be withdrawn at any time.