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Rates and Fees

Mortgage Rates

Fixed Term rates effective 4/26/2016 and are subject to change anytime, without notice.

Adjustable Rate (ARM) rates effective 04/26/2016 and are subject to change anytime, without notice.

Waiting for a certain rate? Sign up for Rate Watch and let us keep an eye on the rates, so you don't have to! 

Adjustable Rate Mortgages are available for terms up to 30 years.

Land Loan Contact us for current rates.

Construction/Renovation Same as ARM rates
Fixed Rate Loan Limits
Effective Jan 1, 2010
1 Family - $417,000
2 Family - $533,850
3 Family - $645,300
4 Family - $801,950

1st Time Home Buyers Contact us for current rates.
No Closing Costs Contact us for current rates.


Home Equity Rates

Rates are effective 10/22/2015 and are subject to change anytime, without notice. Additional terms and conditions may apply to all loan types.

For pre-approval, Contact us or apply online.

Published fixed mortgage rates are based on purchase transactions with 25% down and credit score of 740. Jumbo mortgages add 0.375%.

Central One pays all closing costs for properties within Worcester County, except appraisal. Appraisal required if LTV of the new loan is greater than 70% of Tax Assessment Value or 80% based on an appraisal. If you live outside of Worcester County, additional Appraisal Fees and Title Search Fees may apply.

Home Equity Loan rates listed include 0.25% discount for Direct Deposit and Electronic Loan Payment when the payment is taken from a Central One account.

Estimated Home Equity loan payment per $1000 borrowed is $19.09, based on a 60 month term.

* Annual Percentage Rate.

** No Closing Costs, minimum loan amount $125,000. Available on owner-occupied homes only.

*** Less First Mortgage Balance.

^^ Actual rate will be determined based on credit history, term, loan to value and other factors.

^^^The PRIME rate is published on the last business day of each month in the Wall Street Journal and may vary monthly. Currently PRIME is 3.50%.(Effective: 12/16/2015) Floor rate is 3.25%.


CentralNet Login

CentralNet Enrollment

For first-time login to CentralNet, use the password you selected when you opened your account.

If you do not have a password or have forgotten it, call 508-842-7400 or 800-527-1017.


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Secure Chat is available
Monday through Friday
8:00 a.m. to 4:30 p.m.

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