SouthShoreMagazine

SSM Star Autumn 2022

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* Advertised Annual Percentage Rate (APR) is fixed. Above rates include 0.25% discount for auto debit payments from a SSB Checking Account. Minimum loan amount $25,000; maximum loan amount $250,000. The maximum combined loan to value (CLTV) is 70% for 1-4 family owner occupied properties. Second homes (vacation properties only) have a max CLTV of 60% across all terms and balance tiers. Normal and customary closing costs paid by SSB. Property held in a Trust may be considered; however, the following fees will be collected from the borrower prior to closing: Trust review Fee $75 and record Trustee Certificate $110.75; additional fees may apply. Property insurance is required. Flood insurance may be required. An appraisal fee ranging from $425 - $575 may apply. Certain restrictions may apply. Subject to credit approval. Payment example does not include taxes or insurance premiums. Actual payment obligation will be greater. Rate is effective as of 7.13.2022 and is subject to change. NMLS #407656. southshorebank.com/homeloan Sharing success means making our Home Equity Loan easy for you. Simply borrow money against the amount of equity you have in your home and repay it over time. Home Equity Loans are fixed, and your monthly payment is consistent, so you never have any surprises! Turn your home into your dream home – update that kitchen, create more space, relax in your new pool – you've earned it. Take the stress out of personal debt – unexpected emergency – you're covered. College in the fall – tuition paid. Wedding or special event – enjoy! Equity that works for you. Annual Percentage Rate* on a 5-Year Home Equity Loan S E 2014

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