Residential Mortgage Loans

Fulton Savings Bank offers a full line of owner occupied residential mortgage loan programs to meet your needs:

• Purchase
• Refinance
• New Construction
• Home Improvement
• Home Equity Loans
• Home Equity Lines of Credit

We offer a variety of types:

Fixed and adjustable
Bi - weekly
Conventional
FHA
VA
SONYMA
Rural Guaranteed

Please call:
Brenda Niver at (315) 592-3136
Carl Shaw at (315) 668-6153
Tom Greco at (315) 343-1230

Fixed Rate Residential Mortgage Loans

• Competitive Rates and fees
  
• Private mortgage insurance may be required

Adjustable Rate Mortgage Loans

• Competitive Rates and fees
  
• Private mortgage insurance may be required
  
• Yearly caps of 2%
  
• Lifetime caps of 6% over the starting rate.
  

SONYMA (State of New York Mortgage Agency)

• Private mortgage insurance may be required
  
• Lower than market interest rates
  
• Fixed rate
  
• First time homebuyer

FHA (Federal Housing Administration)

• Mortgage insurance may be required
• Fixed Rate
  
• Liberal loan qualifying ratios

VA (Department of Veterans Affairs)

• Fixed Rate
  
• Minimum Down Payment - 0% (Available to eligible Veterans with $36,000 of entitlement)
  
• Guarantee fee is required
  
• Liberal loan qualifying ratios

Rural Guaranteed (Department of Agriculture, New York Rural Development)

• Fixed Rate
  
• Minimum Down Payment - 0% (Guarantee fee is required)
  
• Liberal loan qualifying ratios
  
• First time homebuyer

Construction Mortgage Loans

• Save costs with our one time closing
  
• Flexible draw schedule
  
• Pay interest only during the construction period

Home Improvement Mortgage Loans
Home Equity Mortgage Loans
Home Equity Lines of Credit Mortgage Loans

Fulton Savings Bank offers a wide variety of home improvement loans with various fixed rates, as well as FHA Title 1 Home Improvement Loans.

We also offer a variety of home equity loans - installment with various fixed rates OR lines of credit with attractive variable rates.

Whatever your need, we have a program for you. For further information about any of our residential mortgage products, please call Brenda Niver, Carl Shaw, or Tom Greco at the above numbers or e-mail us.

We are dedicated to finding the right product for your needs and will be happy to meet with you at your convenience.