Exclusive Offer: Buy today, lower your rate later. No refinancing. No hassle.
Lower your new, qualifying WSB 30 year fixed rate residential mortgage with our exclusive Refresh 30 offer
With our unique offer, you may choose to lower your interest rate once during the term of your mortgage to a lower, 30-year fixed rate offered by us--all hassle-free and without refinancing.
Don't let today's high interest rates deter you from buying your dream home or refinancing your adjustable rate mortgage!
With our Refresh 30 offer, you can’t go wrong. If interest rates continue to go up, you are locked in to a fixed rate. If interest rates go down, you can make your one-time election to lower your rate without the hassle often associated with refinancing.
Current 30-Year Fixed Rate Mortgage Products:
6.375% Rate
6.390% APR
Conforming & Jumbo - First-Time Homebuyer Program
6.500% Rate
6.514% APR
Conforming & Jumbo - Purchase & Refinance
We understand that the homebuying process can be stressful. As your community bank, we want to simplify it. By getting your mortgage at WSB, you will always work with us--we do not sell loans to other lenders. This gives us the flexibility to offer you refreshing and unique offers.
*You may elect one-time over the life of your mortgage to switch to a lower rate associated with your original 30 year fixed rate mortgage product as published by Watertown Savings Bank. Upon your rate change election, the new rate will apply to the remaining term of your WSB mortgage based on the original maturity date of your mortgage. At the time of the WSB rate reduction, your mortgage must be current and have experienced no delinquencies in the prior 180 days.
Offer for owner-occupied properties only. Rates are also based on 80% CLTV and a credit score of 740 or higher. Subject to credit approval. All rates are subject to change without notice.
Rate shown above reflects the auto pay option. To qualify for our autopay rate, your monthly mortgage payments must be automatically withdrawn from a WSB Checking Account, and a WSB debit card activated. Should you cancel your automated monthly withdrawal, your interest rate will change to the non-autopay rate. Non-autopay rates are .25% higher.
APR is based on $400,000 loan amount for a conforming fixed rate and $766,551 for a jumbo fixed rate loan product. Term 30 years.
1st Time Homebuyer: 360 monthly payments with a principal and interest payment of $6.24 per $1,000 borrowed.
WSB Fixed Rate Mortgage - Conforming & Jumbo - Purchase & Refinance: 360 monthly payments with a principal and interest payment of $6.33 per $1,000 borrowed.
The payment shown does not include taxes and insurance. Your payment may be greater.
There will be a $1,000.00 documentation and rate change fee should you opt to reduce to a lower rate. You may elect one-time over the life of your mortgage to switch to a lower rate on a 30-year fixed-rate mortgage as published by Watertown Savings Bank. Upon your rate change election, the new rate will apply to the remaining term of your WSB mortgage at the beginning of your next payment cycle and will be based on the original maturity date of your mortgage. At the time of the WSB Rate reduction, your mortgage must be current and have experienced no delinquencies in the prior 180 days.
Other fees may apply. Please refer to our mortgage rate sheet for more details.