Mortgages
Ledyard's Special Offer
10/1 Adjustable-Rate 30-Year Mortgage
Fixed rate for the first 10 years at 6.75% (7.260% APR*)
Rate adjusts annually for the remaining 20 years term of the mortgage, estimated at 8.125%
Special Discount Offer for Dartmouth Employees
Need more information? What are your goals?
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Purchase a new home
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Lower my Interest Rate on Current Mortgage Balance
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Cash Out for home improvements, educational expenses, or debt consolidation
Whether you're building, buying new or looking to renovate, when it comes to residential mortgages and home equity loans, Ledyard has the experience and resources to help you reach your dreams responsibly.
Types of Loans We Offer:
- Residential Mortgages: Owner Occupied, Second Home and Investment
- Purchase, Refinance, and One-Step Construction
- Jumbo Mortgage
- Land Loans
- First Time Home Buyer Programs and Education
- Manufactured Home Loans
Questions?
Contact Edward Bidlack at (603) 526-5606, Tiffany Staples at (603) 415-2759 or email us at mortgages@ledyard.bank and we'll be happy to help answer your questions about our comprehensive mortgage products.
Home Ownership Counseling Course
Learn More
* Interest Rate and Annual Percentage Rate (APR) effective December 1, 2023. Rates are subject to change. Note that these monthly payments do not include real estate taxes, homeowners insurance (required), or flood insurance and mortgage insurance, if applicable. Actual payment obligation will be higher. Check with bank for terms and restrictions. Credit and property approval required. On a 10/1 ARM of 30 years with a loan amount of $400,000.00, a down payment of 20%, and an interest rate of 6.75% (7.260% APR) fixed for the first 10 years, there would be 120 monthly payments of $2,594.39, then 240 variable monthly payments at an estimated 8.125% interest rate and $2,880.57 payment, using a recently available index. ARM interest rates and payments are subject to increase after the initial fixed-rate period (10 years for a 10/1 ARM). After the initial fixed rate 10 year period, the interest rate will adjust annually based on the 1 Year Treasury Constant Maturity (the index). As of November 24, 2023 the 1 Year Treasury Constant Maturity is 5.27% plus a margin of 2.875%, rounded to an 8.125% interest rate.