Start making the most of your NESC Membership today
Start Making the most of your NESC Membership Today
Are you looking to lower your mortgage payment? Has the current Coronavirus situation made money a bit tight? NESC Credit Union has a mortgage re-finance loan to assist you during this time. Take advantage of the current low rates to save on your payments.

Special rate for NESC Credit Union Members:
2.75% (2.55% APR*)


on a 5/5 Adjustable Rate Mortgage
No Lender Closing Costs**
Here’s an example of the monthly savings on a mortgage refinance with a balance of $200,000:


Please visit us online at www.nescfcu.org Call us at 978-688-8800 for more Information.



**APR = Annual Percentage Rate. APR quoted is as of 5/18/20.
**Borrower costs include homeowners insurance, tax escrow, pre-paid interest, owners title insurance.
Rate fixed for a five year period, it then becomes adjustable and may increase or decrease once every five years. Rate Caps = 2% every five years, 6% over the life of the loan. Margin = 2.25%. Index = 5-Year Treasury. Principle and Interest payment example if the interest rate hit the maximum caps during the first fifteen years:
Years 1-5 = 816.48
Years 6-10 = $765 - 1042.00
Years 11-15 = $765 - 1261.00
Years 16-20 = $765 - 1360.00
Maximum loan-to-value is 80%
NESC NESC
Graphic
Copyright © 2020 NESC Credit Union. All rights reserved.
Unsubscribe