Swimming Pool Financing
South Shore Bank offers low interest swimming pool financing. Rates as low as 3.49% APR*
- Loan amounts from $25,000 to $100,000
- Minimum Loan Term 60 Months, Maximum Loan Term 180 Months
- 0.25% APR discount with South Shore Bank checking account auto deduct payments
For more information, contact Mark Coletta at 781-682-3744 or coletta at southshorebank dot com
*Annual Percentage Rate (APR) as of 6/22/2020 and subject to change at any time. Advertised APR is fixed. Above rate includes a 0.25% discount for auto debit from a SSB Checking account and is based on the term of the loan. If you do not sign up for auto deduct your rate will be as low as 3.74% APR for a 5-year term. Other terms and rates available. $25,000 - $100,000 loan amount. Max CLTV 70%. 1-4 family owner-occupied primary residence only. South Shore Bank requirement of 1st lien position waived for pool loans. Normal and customary closing costs paid by SSB. Property held in a trust may be considered however the following fees will be collected from borrower prior to closing. Trust Review $75.00 Record Trustee certificate $107.00 additional fees may apply. Property insurance is required. Flood insurance may be required. An appraisal fee ranging from $425 - $575 may apply. Consult a tax advisor about the deductibility of interest. Certain restrictions apply. Subject to credit approval. NMLS#407656.