Lake Sunapee Bank
Dartmouth Plus Mortgage Assistance

Dartmouth employees who are purchasing a primary residence can use all of Lake Sunapee Bank's standard mortgage loan products with the Dartmouth Plus program, which include fixed and adjustable rate loans, but New Hampshire Housing Authority mortgages are processed independently from this program.

All Regular Full-Time Employees

• A $500 credit which can be used to offset closing costs on any Lake Sunapee Bank fixed or adjustable rate mortgage loan or a 0.25% (25 basis points) interest rate discount on all Lake Sunapee's 5/1 & 7/1 adjustable rate mortgages;
• The option to make interest-only payments with Lake Sunapee's 3/1, 5/1, 7/1, and 10/1 ARMs, as well as select fixed rate products;
• Relaxed criteria for private mortgage insurance on any adjustable rate program (LTV <=85% require no PMI);
• Accommodating qualification ratios and loan-to-value ratio criteria;
• Lender paid mortgage insurance (MI) available;
• First-time homebuyers are eligible for additional Dartmouth Credits to reduce the interest rate or to offset other closing costs.

Other Mortgages Available

• 80/10/10 loans for credit scores over 680+.

Dartmouth Plus - Lake Sunapee Contacts

Eligible Dartmouth Employees wishing to learn more about Lake Sunapee Bank's Dartmouth Plus mortgage loan alternatives should contact:

Dena Sclafani, AVP
(603) 653-7800 or 1-800-281-5772 ext 7800
dsclafani@lakesunbank.com

Don Pasini, AVP
(603) 298-7500 or 1-800-281-5772 ext 1205
dpasini@lakesunbank.com