Assistant Vice President,
Lorena Barreto
Lorena is a lifelong resident of CT and a proud alumna of Western Connecticut State University. Deeply rooted in her community, she actively contributes to various organizations; Housatonic Habitat for Humanity, Northern Fairfield County Association of Realtors, where she lends her expertise to the Fair Housing, Diversity, and Inclusion Committee, the Greater Danbury Chamber of Commerce, as well as the National Association of Hispanic Real Estate Professionals. Lorena's commitment to her clients and community has earned her recognition among her peers.
As a fluent Spanish speaker, Lorena is uniquely equipped to serve diverse clients and bridge language barriers.
"My passion is to help families of all backgrounds achieve their dreams of homeownership" - Lorena
Get started today.
Select the loan type below.
To apply, you will need to create a mortgage request account and then login.
Today's Rates
Effective December 3, 2024
| Term | Interest Rate | APR | Points |
Monthly Principal &
Interest Payment
|
|---|---|---|---|---|
| 30 Year Fixed Rate | 6.125% | 6.183% | 0.000% | $1,822.83 |
| 15 Year Fixed Rate | 5.750% | 5.865% | 0.000% | $2,491.23 |
| 30 Year Fixed FHA | 6.000% | 6.092% | 0.000% | $2,439.30 |
| Ready to Own | 6.125% | 6.183% | 0.000% | $1,822.83 |
| Welcome Home | 5.875% | 5.944% | 0.000% | $2,868.96 |
Assumptions and general disclosures
- Rates shown above require a Newtown Savings Bank checking account with auto deduction payment (excluding FHA).
- The information provided assumes the purpose of the loan is to purchase a property.
- The property is an existing single family home and will be used as a primary residence.
- The rate lock period is 60 days.
- The credit score is 780 or above.
- The loan amount is $300,000 with an estimated property value of $400,000.
- The Interest Rate and Annual Percentage Rate (APR) shown above are subject to change without notice.
- The Annual Percentage Rate (APR) will vary based on your final loan amount and actual finance charges.
- Payment does not include real estate taxes, homeowner's insurance premiums or mortgage insurance premiums. If applicable, the actual payment obligation will be greater.
- Loans are subject to credit and property approval.
- Other rates and terms available.
FHA
- Total loan amount is $305,250. The base loan amount is $300,000
- The total loan amount includes the Upfront Mortgage Insurance Premium of 1.75% of the base loan amount.
- Annual Mortgage Insurance Premiums will be required for 11 years and charged monthly. If the down payment is less than 10% mortgage insurance is required for the life of the loan. The amount is not included in the monthly payment example shown above.
Ready to Own
- This program is specifically tailored to meet the needs of first-time home buyers or those who have not owned a home for a period of three years.
- Learn more about First-Time Homebuyer mortgages
Welcome Home
- This program is designed to meet the needs of homebuyers in low to moderate income areas. Contact a Mortgage Banker to see if you qualify.
Loans are subject to application and credit approval. Rates and terms subject to change without notice.
Here's what our customers are saying...
Knowledgeable, comforting and extremely helpful
Lorena made the mortgage application process seamless and also makes sure you understand all of your options. She is beyond helpful and looks out for your best interest. I am grateful to have chosen her as my mortgage loan officer and, without any hesitation recommend her services. Lorena, thank you for making it all happen. him on our side.
Amanda | Danbury, CT
Manfred | Southbury, CT
Lourdes | New Milford, CT
Cierra | Waterbury, CT
Johncarlo | Waterbury, CT