Middlesex Federal Savings, F. A.

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Mortgage Rates

We treasure the fact that, in some small way, the neighborhood professionals who work here have always shown a sincere interest in addressing customer needs. With affordable mortgage loans for the first home some of our neighbors have ever owned and, for some, the only home they have ever lived in.

Our Mortgage Plans are Individually Designed for You.

We offer:

Fixed rate and adjustable rate mortgages
Special programs with low down-payments for first-time buyers
Jumbo mortgages with a variety of payment plans to suit your situation

Home Equity Line of Credit

No Fees and Great Rates!

In addition:

Home equity interest rates are generally lower than personal loans
Up to 100% of the interest you pay may be tax deductible
To activate your line of credit, you simply write a check
You pay interest only on the money you use

To find out more about our products and services, please use our information request form, give us a call at (617) 666-4700, or visit one of our offices.

Program	Interest Rate	Points	APR	Monthly Payments per $1000 borrowed
Adjustable Rates* (Effective: August 2, 2010)
1 Year ARM	4.000%	0	4.010%	$4.77

3 Year ARM	4.250%	0	4.070%	$4.92

5 Year ARM	4.500%	0	4.510%	$5.07
*30 Year Terms - RATE CAPS - 2% Per Adjustment period - 6% Over the life of the mortgage There is a 4.0% Floor (the lowest rate possible) on all adjustable rate loans. Rates are subject to increase after consummation. The above rates apply to 1-4 Family Owner Occupied property up to $750,000. Please call for rates on loans for investor, construction/rehab and properties with more than 4 units. Rates are subject to change without notice. Annual Percentage Rate (APR) is based on a 20% down payment. Property Insurance is required. FIRST TIME HOMEBUYER: ANY ARM PROGRAM, NO CLOSING COSTS - Up to $350,000.00

Program	Interest Rate	Points	APR	Monthly Payments per $1000 borrowed
Fixed Rates* (Effective: August 2, 2010)
15 Year Fixed	3.875%	1	4.060%	$7.33
15 Year Fixed	4.125%	0	4.160%	$7.45

30 Year Fixed	4.375%	1	4.480%	$4.99
30 Year Fixed	4.625%	0	4.650%	$5.14
*Fixed Rates are for Conventional loans which conform to secondary market standards and are secured by Owner Occupied 1-4 Family Properties. Rates are subject to change without notice. Annual Percentage Rate (APR) is based on a 20% down payment. Property Insurance is required. No Point & No Closing Cost Programs Are Available

Program	Interest Rate	APR	Monthly Payments per $1000 borrowed
Home Equity* (Effective: August 2, 2010)
Home Equity	4.000%	4.000%	$8.33
*The Interest Rate is variable based upon the Prime Rate published in the Wall Street Journal. The interest rate May Change Monthly and cannot exceed 18% APR OR go below 4% APR over the life of the loan. Rates are subject to change without notice. Annual Percentage Rate (APR) is based on a 20% down payment. Property Insurance is required.

Application Fees:

Single Family	$400.00
2-4 Family	$600.00