Rates are current as of the date below and are subject to change at any time without notice. Rates and terms will be confirmed by Torrington Savings Bank upon receipt of your application.

LENDING AREA INCLUDES: Torrington

Avon Canton Farmington Kent Norfolk Sharon Watertown
Barkhamsted Colebrook Goshen Litchfield North Canaan Simsbury Winchester
Bethlehem Cornwall Granby Morris Plymouth Thomaston Woodbury
Burlington East Granby Hartland New Hartford Roxbury Warren  
Canaan Falls Village Harwinton New Milford Salisbury Washington  

Review the documents you will need available when you apply online below:

If you prefer to apply in person: Find a branch near you.
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Residential Application Home Equity Application
Mail completed application to: TorringtonSavings Bank - P.O. Box 478 - 129 Main Street - Torrington, CT 06790

Follow the link below to the product of interest:
Program

Available Terms

First Time Home Buyer 30 Years 40 Years
Buyer's Boost 30 Years
Adjustable Rate Mortgages 30 Years
Fixed Rate Conventional Mortgages 15 Years 30 Years 40 Years
BiWeekly Mortgages 15 Years 30 Years 40 Years
Jumbo Mortgages 15 Years 30 Years
Construction Permanent 15 Years 30 Years 40 Years
Home Equity Loans 5 Years 10 Years 15 Years

All Products refer to the purchase of (1-4 unit) owner occupied residence(s) unless noted.

Recommendation: Take time to review and print the estimated closing costs associated with the product of interest. Please review and print all disclosures pertaining to the product for which you apply.

 
First Time Home Buyer

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
First Time Home Buyer - 30 Year
30 Year Fixed Rate   4.875% 5.333% 0.000 0.000% $5.29
First Time Home Buyer - 40 Year
40 Year Fixed Rate   5.125% 5.563% 0.000 0.000% $4.91

 

Buyer's Boost - PURCHASE ONLY

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
30 year Buyer's Boost - PURCHASE
30 Years   4.500% 4.772% 0.000 0.000% $5.07

Adjustable Rate Products (1-4) Owner Occupied - PURCHASE

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
1 Year ARM - 0 Points - PURCHASE
30 Year - 1 Year ARM   5.000% 3.154% 0.000 0.000% $5.37
1 Year ARM - 1 Points - PURCHASE
30 Year - 1 Year ARM   4.500% 3.195% 1.000 0.000% $5.07
1 Year ARM - 2 Points - PURCHASE
30 Year - 1 Year ARM   4.375% 3.267% 2.000 0.000% $4.99
3/1 Year ARM - 0 Points - PURCHASE
30 Year - 3/1 ARM   5.625% 3.634% 0.000 0.000% $5.76
3/1 Year ARM - 1 Points - PURCHASE
30 Year - 3/1 ARM   5.125% 3.567% 1.000 0.000% $5.44
3/1 Year ARM - 2 Points - PURCHASE
30 Year - 3/1 ARM   4.750% 3.556% 2.000 0.000% $5.22
5/1 Year ARM - 0 Points - PURCHASE
30 Year - 5/1 ARM   5.750% 4.042% 0.000 0.000% $5.84
5/1 Year ARM - 1 Points - PURCHASE
30 Year - 5/1 ARM   5.250% 3.908% 1.000 0.000% $5.52
5/1 Year ARM - 2 Points - PURCHASE
30 Year - 5/1 ARM   5.125% 3.941% 2.000 0.000% $5.44
7/1 Year ARM - 0 Points - PURCHASE
30 Year - 7/1 ARM   6.000% 4.516% 0.000 0.000% $6.00
7/1 Year ARM - 1 Points - PURCHASE
30 Year - 7/1 ARM   5.625% 4.392% 1.000 0.000% $5.76
7/1 Year ARM - 2 Points - PURCHASE
30 Year - 7/1 ARM   5.500% 4.413% 2.000 0.000% $5.68
10/1 Year ARM - 0 Points - PURCHASE
30 Year - 10/1 ARM   6.125% 5.061% 0.000 0.000% $6.08
10/1 Year ARM - 1 Points - PURCHASE
30 Year - 10/1 ARM   6.000% 5.066% 1.000 0.000% $6.00
10/1 Year ARM - 2 Points - PURCHASE
30 Year - 10/1 ARM   5.875% 5.070% 2.000 0.000% $5.92

 

Fixed Conventional Rate Products (1-4) Owner Occupied - Monthly Payment - PURCHASE

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
15 Year Fixed Rate - Purchase
15 Year Fixed   4.250% 4.250% 0.000 0.000% $7.52
15 Year Fixed   4.125% 4.274% 1.000 0.000% $7.46
15 Year Fixed   4.000% 4.300% 2.000 0.000% $7.40
30 Year Fixed Rate - Purchase
30 Year Fixed   5.000% 5.000% 0.000 0.000% $5.37
30 Year Fixed   4.875% 5.089% 1.000 0.000% $5.29
30 Year Fixed   4.750% 4.926% 2.000 0.000% $5.22
40 Year Fixed Rate - Purchase
40 Year Fixed   5.250% 5.250% 0.000 0.000% $4.99
40 Year Fixed   5.125% 5.199% 1.000 0.000% $4.91
40 Year Fixed   5.000% 5.148% 2.000 0.000% $4.82

BiWeekly Payment - Fixed Conventional Rate Products - PURCHASE

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
15 Year - BiWeekly - PURCHASE
15 Year Fixed BiWeekly   4.250% 4.238% 0.000 0.000% $3.76
15 Year Fixed BiWeekly   4.125% 4.208% 1.000 0.000% $3.73
15 Year Fixed BiWeekly   4.000% 4.178% 2.000 0.000% $3.70
30 Year - BiWeekly - PURCHASE
30 Year Fixed BiWeekly   5.000% 4.986% 0.000 0.000% $2.69
30 Year Fixed BiWeekly   4.875% 4.961% 1.000 0.000% $2.65
30 Year Fixed BiWeekly   4.750% 4.936% 2.000 0.000% $2.61
40 Year - BiWeekly - PURCHASE
40 Year Fixed BiWeekly   5.250% 5.236% 0.000 0.000% $2.50
40 Year Fixed BiWeekly   5.125% 5.197% 1.000 0.000% $2.46
40 Year Fixed BiWeekly   5.000% 5.157% 2.000 0.000% $2.41

Adjustable Rate Products (1-4 unit) Owner Occupied - REFINANCE

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
1 Year ARM - 0 Points - REFINANCE
30 Year 1 Year ARM - REFINANCE   5.000% 3.154% 0.000 0.000% $5.37
1 Year ARM - 1 Points - REFINANCE
30 Year 1 Year ARM - REFINANCE   4.500% 3.195% 1.000 0.000% $5.07
1 Year ARM - 2 Points - REFINANCE
30 Year 1 Year ARM - REFINANCE   4.375% 3.267% 2.000 0.000% $4.99
3/1 Year ARM - 0 Points - REFINANCE
30 Year - 3/1 ARM - REFINANCE   5.625% 3.634% 0.000 0.000% $5.76
3/1 Year ARM - 1 Points - REFINANCE
30 Year - 3/1 ARM - REFINANCE   5.125% 3.567% 1.000 0.000% $5.44
3/1 Year ARM - 2 Points - REFINANCE
30 Year - 3/1 ARM - REFINANCE   4.750% 3.556% 2.000 0.000% $5.22
5/1 Year ARM - 0 Points - REFINANCE
30 Year - 5/1 ARM - REFINANCE   5.750% 4.042% 0.000 0.000% $5.84
5/1 Year ARM - 1 Points - REFINANCE
30 Year - 5/1 ARM - REFINANCE   5.250% 3.908% 1.000 0.000% $5.52
5/1 Year ARM - 2 Points - REFINANCE
30 Year - 5/1 ARM - REFINANCE   5.125% 3.941% 2.000 0.000% $5.44
7/1 Year ARM - 0 Points - REFINANCE
30 Year - 7/1 ARM - REFINANCE   6.000% 4.516% 0.000 0.000% $6.00
7/1 Year ARM - 1 Points - REFINANCE
30 Year - 7/1 ARM - REFINANCE   5.625% 4.392% 1.000 0.000% $5.76
7/1 Year ARM - 2 Points - REFINANCE
30 Year - 7/1 ARM - REFINANCE   5.500% 4.413% 2.000 0.000% $5.68
10/1 Year ARM - 0 Points - REFINANCE
30 Year - 10/1 ARM - REFINANCE   6.125% 5.061% 0.000 0.000% $6.08
10/1 Year ARM - 1 Points - REFINANCE
30 Year - 10/1 ARM - REFINANCE   6.000% 5.066% 1.000 0.000% $6.00
10/1 Year ARM - 2 Points - REFINANCE
30 Year - 10/1 ARM - REFINANCE   5.875% 5.070% 2.000 0.000% $5.92

Fixed Conventional Rate Products - REFINANCE

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
15 Year Fixed - REFINANCE
15 Year Fixed - REFINANCE   4.250% 4.250% 0.000 0.000% $7.52
15 Year Fixed - REFINANCE   4.125% 4.274% 1.000 0.000% $7.46
15 Year Fixed - REFINANCE   4.000% 4.300% 2.000 0.000% $7.40
30 Year Fixed - REFINANCE
30 Year Fixed - REFINANCE   5.000% 5.000% 0.000 0.000% $5.37
30 Year Fixed - REFINANCE   4.875% 5.089% 1.000 0.000% $5.29
30 Year Fixed - REFINANCE   4.750% 4.926% 2.000 0.000% $5.22
40 Year Fixed - REFINANCE
40 Year Fixed - REFINANCE   5.250% 5.250% 0.000 0.000% $4.99
40 Year Fixed - REFINANCE   5.125% 5.199% 1.000 0.000% $4.91
40 Year Fixed - REFINANCE   5.000% 5.148% 2.000 0.000% $4.82

BiWeekly Payment - REFINANCE

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
15 Year BiWeekly Payment - REFINANCE
15 Year Fixed REFINANCE BiWeekly   4.250% 4.238% 0.000 0.000% $3.76
15 Year Fixed - REFINANCE BiWeekly   4.125% 4.208% 1.000 0.000% $3.73
15 Year Fixed - REFINANCE BiWeekly   4.000% 4.178% 2.000 0.000% $3.70
30 Year BiWeekly Payment - REFINANCE
30 Year Fixed - REFINANCE BiWeekly   5.000% 4.986% 0.000 0.000% $2.69
30 Year Fixed - REFINANCE BiWeekly   4.875% 4.961% 1.000 0.000% $2.65
30 Year Fixed - REFINANCE BiWeekly   4.750% 4.936% 2.000 0.000% $2.61
40 Year BiWeekly Payment - REFINANCE
40 Year Fixed - REFINANCE BiWeekly   5.250% 5.236% 0.000 0.000% $2.50
40 Year Fixed - REFINANCE BiWeekly   5.125% 5.197% 1.000 0.000% $2.46
40 Year Fixed - REFINANCE BiWeekly   5.000% 5.157% 2.000 0.000% $2.41

Jumbo Mortgage - Monthly Payment - PURCHASE

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
15 Year Jumbo Fixed Rate - PURCHASE
15 Year Fixed Rate   5.000% 5.000% 0.000 0.000% $7.91
15 Year Fixed Rate   4.875% 5.027% 1.000 0.000% $7.84
15 Year Fixed Rate   4.750% 5.056% 2.000 0.000% $7.78
30 Year Jumbo Fixed Rate - PURCHASE
30 Year Fixed Rate   5.250% 5.250% 0.000 0.000% $5.52
30 Year Fixed Rate   5.125% 5.214% 1.000 0.000% $5.44
30 Year Fixed Rate   5.000% 5.178% 2.000 0.000% $5.37

Jumbo Mortgage - BiWeekly Payment - PURCHASE

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
15 Year Jumbo BiWeekly Fixed Rate - PURCHASE
15 Year Fixed BiWeekly   5.000% 4.986% 0.000 0.000% $3.96
15 Year Fixed BiWeekly   4.875% 5.031% 1.000 0.000% $3.92
15 Year Fixed BiWeekly   4.750% 5.076% 2.000 0.000% $3.89
30 Year Jumbo BiWeekly Fixed Rate - PURCHASE
30 Year Fixed BiWeekly   5.250% 5.236% 0.000 0.000% $2.76
30 Year Fixed BiWeekly   5.125% 5.212% 1.000 0.000% $2.72
30 Year Fixed BiWeekly   5.000% 5.189% 2.000 0.000% $2.69

Jumbo Mortgage - Monthly Payment - REFINANCE

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
15 Year Jumbo Fixed Rate - REFINANCE
15 Year Fixed - REFI   5.000% 5.000% 0.000 0.000% $7.91
15 Year Fixed - REFI   4.875% 5.027% 1.000 0.000% $7.84
15 Year Fixed - REFI   4.750% 5.056% 2.000 0.000% $7.78
30 Year Jumbo Fixed Rate - REFINANCE
30 Year Fixed - REFI   5.250% 5.250% 0.000 0.000% $5.52
30 Year Fixed - REFI   5.125% 5.214% 1.000 0.000% $5.44
30 Year Fixed - REFI   5.000% 5.178% 2.000 0.000% $5.37

Jumbo Mortgage - BiWeekly - REFINANCE

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
15 Year Jumbo BiWeekly - REFINANCE
15 Year Fixed - REFI BiWeekly   5.000% 4.986% 0.000 0.000% $3.96
15 Year Fixed - REFI BiWeekly   4.875% 5.031% 1.000 0.000% $3.92
15 Year Fixed - REFI BiWeekly   4.750% 5.076% 2.000 0.000% $3.89
30 Year Jumbo BiWeekly - REFINANCE
30 Year Fixed - REFI BiWeekly   5.250% 5.236% 0.000 0.000% $2.76
30 Year Fixed - REFI BiWeekly   5.125% 5.212% 1.000 0.000% $2.72
30 Year Fixed - REFI BiWeekly   5.000% 5.189% 2.000 0.000% $2.69

Construction Permanent
 

Fixed Rate Products - Construction Permanent

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
15 Year Fixed Rate - Construction
15 Year Fixed - Construction   4.250% 4.250% 0.000 0.000% $7.52
15 Year Fixed - Construction   4.125% 4.275% 1.000 0.000% $7.46
15 Year Fixed - Construction   4.000% 4.301% 2.000 0.000% $7.40
30 Year Fixed Rate - Construction
30 Year Fixed - Construction   5.000% 5.000% 0.000 0.000% $5.37
30 Year Fixed - Construction   4.875% 4.963% 1.000 0.000% $5.29
30 Year Fixed - Construction   4.750% 4.927% 2.000 0.000% $5.22
40 Year Fixed Rate - Construction
40 Year Fixed - Construction   5.250% 5.250% 0.000 0.000% $4.99
40 Year Fixed - Construction   5.125% 5.199% 1.000 0.000% $4.91
40 Year Fixed - Construction   5.000% 5.149% 2.000 0.000% $4.82

 

Home Equity Loans

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
Home Equity Loans
5 Year   4.875% 4.875% 0.000 0.000% $18.81
10 Year   5.125% 5.125% 0.000 0.000% $10.67
15 Year   5.250% 5.250% 0.000 0.000% $8.04
20 Year   5.750% 5.750% 0.000 0.000% $7.02

Home Equity Advantage Line of Credit

Rates as of Wednesday, July 28, 2010
Product Description Interest Rate APR Points Origination Fee Payment per $1,000 Apply
Home Equity Advantage Plus
Existing TSB Mortgage clients only
Home Equity Advantage Plus - Existing TSB Mortgage Clients Only   2.750% 2.750% 0.000 0.000% $2.29
Home Equity Advantage
Existing Mortgage with another lender
Home Equity Advantage - Existing Mortgage with another Lender   2.750% 2.750% 0.000 0.000% $2.29

MORTGAGES - LOAN TO VALUE 81% TO 95% REQUIRES PMI. NO PREPAYMENT PENALTY. 60 DAY COMMITMENT.

PROPERTIES WITH UNDERGROUND FUEL STORAGE TANKS ARE NOT ELIGBLE.
CONSULT A LOAN REPRESENTATIVE FOR DETAILS.

APPLICATION FEE OF $425.00 ON ONE FAMILY OR $550.00 ON MORE THAN ONE FAMILY HOMES. APPLICATION FEE INCLUDES COST OF APPRAISAL AND CREDIT REPORTS. 
APR based on $100,000. mortgage with 20% down payment.

JUMBO MORTGAGE APPLICATION FEE OF $625.00. SINGLE FAMILY OWNER-OCCUPIED PRIMARY RESIDENCE ONLY.
Jumbo Loan APR based on $417,000. mortgage. Maximum Jumbo Loan is $750,000.

ANY CHANGE OF LOAN AFTER COMMITMENT IS A $400.00 FEE

HOME EQUITY LOANS: LOANS MUST BE SECURED BY A SECOND LIEN ON PRIMARY RESIDENCES.
NO PREPAYMENT PENALTY - NO APPLICATION FEE - NO APPRAISAL FEE - NO CLOSING FEE

HOME EQUITY LINE OF CREDIT:APR IS VARIABLE WITH A 2.50% MINIMUM APR AND AN 18% MAXIMUM APR. ANNUAL FEE AFTER 1st YEAR $35.00. MAXIMUM LTV 80% HOMEOWNERS AND/OR FLOOD INSURANCE REQUIRED.

 

FOR ADDITIONAL INFORMATION CALL 496-2152

 
 
 
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