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Mortgage & Home Equity Loans

Mortgage Refinancing

CSE offers a variety of affordable fixed-rate mortgage options designed to meet your borrowing needs. Refinancing your mortgage with CSE is straightforward and hassle-free. Here are just a few reasons why CSE’s mortgage refinance might be the best option for you:

  • Competitive rates
  • 7-year, 10-year, 15-year and 20-year mortgage options available
  • No application fees
  • No points
  • No closing costs
  • No attorney fees
  • No hidden fees
  • Up to $500,000 borrowing amount (or up to $700,000 with a 60% loan-to-value ratio)
  • Automatic payment options

Mortgage Purchase and 30-Year Refinancing

Through our partnership with Mortgage Markets CUSO (a local credit union service organization), CSE has mortgage options to meet your home purchase or traditional 30-year refinancing needs. For information on any of the products listed below, click the link to submit a short contact form. A Mortgage Markets CUSO representative will contact you within one business day.

  • 30-year fixed loans  
  • Purchase loans with as little as 0% down
  • Refinance for terms of 30 years and loan-to-value up to 97%
  • FHA loans including 203K rehab loans
  • CHFA loans including down payment assistance options
  • Rural Development Loans
  • VA loans
  • Home Affordable Refinance Program (HARP)
  • Out-of-state loans
  • Second home loans
  • 1-4 family investment properties

For more information, call our Loan Department at (860) 522-7147 or click here.  

Home Equity Loans

A fixed Home Equity Loan may be the perfect option to finance a specific purchase. With this loan option, you borrow a lump sum at a low, fixed rate. Secure a CSE home equity loan and take advantage of its many benefits:

  • Competitive rates
  • Repayment terms of 5, 10 and 15 years
  • Borrow up to 90% of the equity in your home up to $40,000
  • Fixed rate and payment for the life of the loan
  • No application fees, points, closing costs, or attorney fees
  • Interest on your loan may be tax deductible; see your tax advisor for details
  • Automatic payment options

Guidance From Trusted Financial Experts

As your home loan resource, CSE will guide you through either refinancing your mortgage or taking out a home equity loan. From selecting the best loan option for your unique situation to taking advantage of the ideal time for low interest rates, we will help you make a financially sound decision that works for you.

Use our Loan Calculator to see your estimated monthly payment on any of our loans.

To apply for any of our mortgage loans, print a loan application and mail or deliver it to any branch location. Please include your mortgage/rent payment on the application and submit it with a copy of your most recent paystub. The latest version of Adobe is needed to print your application.

Loan Application

Additional Information

  • Presently we are unable to obtain subordinations from the following: Bank of America, Sovereign Bank, Wells Fargo, Citizens Bank, PNC Bank and TD Bank. Ask us about alternatives.
  • Existing CSE mortgages cannot re-write to a lower rate for at least one year. In addition, you must borrow $2,000 over your current principal balance.
  • Homes held in trust cannot be pledged as collateral for loans.
  • We do not escrow taxes and insurance, but we do offer special purpose accounts through which you can save for both. 
  • Must be primary residence in CT or Hampden County, MA.  
  • Fees and rates are subject to change without notice.  

Appraisal, title search and recording fees apply. All rates are subject to change without notice.