Millbury Savings Bank`s Solar Loan Program makes installing solar

Transcription

Millbury Savings Bank`s Solar Loan Program makes installing solar
Let our green
help you
go
green.
Millbury Savings Bank’s
Solar Loan Program makes
installing solar PV panels
even more affordable!
What’s Solarize Mass?
Millbury and Sutton homeowners participating
in Solarize Mass enjoy these special terms:
Fixed interest rates as low as 3.99%
(4.205% APR) for five years*
l No equity is no problem: up to 100%+
loan-to-value options are available
l Loan amounts up to $30,000
l Terms available from five to 20 years
l No prepayment penalty
l Interest may be tax-deductible
l
Take advantage of the financial and Earthfriendly benefits of solar energy today!
Millbury and Sutton are
two of just 17 communities
selected to participate in
Solarize Mass, a program
developed by the
Massachusetts Clean
Energy Center (MassCEC)
in partnership with
the State Department of
Energy Resources (DOER)
to expand the installation
and use of solar systems.
We’re looking out for you.
For more information,
contact Joanne Ryan at
(508) 865-5811 or stop by
our 109 Elm Street office.
MillburySavings.com
*Rate and Annual Percentage Rate (APR) available as of 6/9/12, and subject to change without notice. Available for owner-occupied, 1-4 family homes. Fixed interest rate of 3.99% (4.205% APR)
based on a loan amount of $10,000 with 80% loan-to-value and results in 60 payments of $18.41 per $1,000 borrowed. Other terms and interest rates/APRs are available. Homeowners insurance
required on property. All loans are subject to good credit and debt-to-income ratios. The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not
tax deductible for Federal income tax purposes. Consult a tax advisor for further information regarding the deductibility of interest and charges. Closing costs of $308 apply to all loans.
Member FDIC
Member DIF