The Annual Percentage Rate (APR) is subject to adjust monthly based upon the Wall Street Journal (WSJ) Prime Rate. The WSJ Prime Rate is 8.50% as of 7/27/2023. Rates are subject to change without notice.

¹Auto deduct payments from a South Shore Bank checking account and a minimum draw of $25,000 at loan closing are required to earn the discounted rate. If automatic repayment from a South Shore checking account discontinues at any point, the discounted rate will no longer apply. The minimum Rate/APR is 3.50%. The maximum Rate/APR is 18.00%. Minimum loan amount is $25,000. The maximum loan amount is $350,000. Maximum combined loan-to-value (CLTV) is 70% for 1-4 family owner occupied properties and 60% for second homes (vacation properties only). 1-4 family OWNER OCCUPIED properties and second homes only. Property insurance is required. Flood insurance may be required. Normal and customary fees 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 $110.50. An appraisal fee ranging from $475-$575 may apply. Certain restrictions apply. Annual fee of $100 applies. Early termination fee of $475 may apply if the loan is closed within the first 24 months. Subject to credit approval. Payment example is based on an interest only payment and does not include taxes or insurance premiums. Actual payment obligations will be greater.