Loan Rates
Below are Massena Savings and Loan's current Loan Rates:
Last Updated: 1 February 2024
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Conventional Real Estate Mortgages
| Account Type | Rate/APR** | Points | Loan to Value %* | Max Term* | Index | Caps |
|---|---|---|---|---|---|---|
| 3 Year ARM | 7.75% | 0 Res | 85% | 25 yrs | MIRS Transition Index | Life: Max+6%, Min3.0% |
| 5 Year ARM | 7.75% | 0 Res | 85% | 25 yrs | MIRS Transition Index | Life: Max+6%, Min3.0% |
| Fixed Rate | 7.80% | 0 Res | 85% | 5 yrs | ||
| Fixed Rate | 7.84% | 0 Res | 85% | 6 yrs | ||
| Fixed Rate | 7.89% | 0 Res | 85% | 7 yrs | ||
| Fixed Rate | 7.93% | 0 Res | 85% | 8 yrs | ||
| Fixed Rate | 7.98% | 0 Res | 85% | 9 yrs | ||
| Fixed Rate | 8.02% | 0 Res | 85% | 10 yrs | ||
| Fixed Rate | 8.07% | 0 Res | 85% | 11 yrs | ||
| Fixed Rate | 8.11% | 0 Res | 85% | 12 yrs | ||
| Fixed Rate | 8.16% | 0 Res | 85% | 13 yrs | ||
| Fixed Rate | 8.20% | 0 Res | 85% | 14 yrs | ||
| Fixed Rate | 8.25% | 0 Res | 85% | 15 yrs | ||
| Fixed Rate | 8.37% | 0 Res | 85% | 16 yrs | ||
| Fixed Rate | 8.50% | 0 Res | 85% | 17 yrs | ||
| Fixed Rate | 8.62% | 0 Res | 85% | 18 yrs | ||
| Fixed Rate | 8.75% | 0 Res | 85% | 19 yrs | ||
| Fixed Rate | 8.87% | 0 Res | 85% | 20 yrs | ||
| Fixed Rate | 9.00% | 0 Res | 85% | 21 yrs | ||
| Fixed Rate | 9.12% | 0 Res | 85% | 22 yrs | ||
| Fixed Rate | 9.25% | 0 Res | 85% | 23 yrs | ||
| Fixed Rate | 9.37%% | 0 Res | 85% | 24 yrs | ||
| Fixed Rate | 9.50%% | 0 Res | 85% | 25 yrs |
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Customer Service
Massena (Main) Branch
(315) 764-0541
Waddington Branch
(315) 388-4970
After Hours Online Banking Support
1 (866) 987-8311
Lost/Stolen Debit Card
1 (833) 337-6075
Debit Card Fraud Reporting
1 (833) 735-1891
Debit Card Activation
1 (800) 992-3808
Home Quity Lines of Credit
| Account Type | Rate/APR** | Points | Loan to Value %* | Max Term* | Index | Caps |
|---|---|---|---|---|---|---|
| % | 0 | 85% | 5 yr Renewable | Prime+ 1.50 | Life: Max+6%, Min4% | |
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Consumer Loans***
| Account Type | Rate/APR** | Points | Loan to Value %* | Max Term* | Caps |
|---|---|---|---|---|---|
| Home Improvement | 15.25% | Sec | 100% | 10 yrs | Max 20,000 |
| Home Improvement | 20.00% | UnSec | 100% | 10 yrs | Max 20,000 |
| Auto - New | 6.25% | Sec | 100% of INV OR NADA RETAIL | 6 yrs | 2024-2022 |
| Auto - Used | 8.25% | Sec | 100% of INV OR NADA RETAIL | 5 yrs | 2021-2017 |
| Auto - Used | 9.00% | Sec | 100% of INV OR NADA RETAIL | 4 yrs | 2016 - Older |
| RV - New | 7.00% | Sec | 100% of INV OR NADA RETAIL | 6 yrs | 2024-2022 |
| RV - Used | 8.00% | Sec | 100% of INV OR NADA RETAIL | 5 yrs | 2021-2022 |
| RV - Used | 9.00% | Sec | 100% of INV OR NADA RETAIL | 4 yrs | 2016 - Older |
| Other | 9.50% | Sec | 100% | 7-9 yrs | |
| Other | 9.75% | Sec | 100% | 10-12 yrs | |
| Other | 10.00% | Sec | 100% | 13-15 yrs | |
| Other | 18.25% | Unsec | 5 yrs | ||
| Fixed Deposit | 5.50% | Sec | 90% | 1-10 yrs | |
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Closing Costs (Estimated)
| Fee | Cost |
|---|---|
| Loan Origination Fee | 600 |
| MTG Credit Report Fee | 40.95 (Joint) 20.60 (Ind.) |
| Points | N/A |
| Cert. Appraisal Fee | 400 |
| Flood Determination Fee | 10 |
| Escrow Deposit | |
| Attorneys Fees | |
| Abstract Fees | |
| Title Insurance | Optional |
| Recording Fees | |
| Mortgage Tax | |
| Survey | Optional |
| HELC / HELC INC. | 500 + Mtg Tax |
| Rate Change Only Modification Fee | 200 |
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* Of appraised value or sale price, whichever is less.
** Annual percentage rate same as interest rate.
**Rate/APR will be determined by credit score.
***VSI Insurance (55/80/95) applied will be based on credit score
Tier 1 (score 700 - above) see rates above
Tier 2 (score 650 - 699) add 1% to rates above
Tier 3 (score 649 - below) add 3% to rates above
(Joint applicants will be based on higher score.)